Real Estate

Office Market

ConvergenCE commissioned for new Agora Budapest project

Investor developer HB Reavis entrusted ConvergenCE with the leasing of 8,000 sqm of Agora Tower last year, followed by an...

Residential

Falling rent prices stall

For the time being, the fall in rent prices has stopped, but at the same time, most students in higher...

Residential

Hungary home sales rise 11% in February

Home sales in Hungary rose 11% year-on-year to 14,569 in February, an estimate by listed real estate broker Duna House...

Office Market

Graphisoft Park profit fell 10% in 2020

After-tax profit of Graphisoft Park, which owns and operates an eponymous business park in the north of Budapest, fell 10%...

Construction

Home construction soars to 11-year high

In 2020, some 28,208 new dwellings were built in Hungary, 34% more than a year earlier and the highest number...

Logistics

CTP raises EUR 500 mln with 3rd green bond issue

CTP B.V. raised EUR 500 million with their third green bond issue this month, increasing the total raised from Green...

Residential

70% of home renovations done without contract

In 70% of housing renovations, customers do not enter into a written contract with construction contractors and do not look...

Office Market

Vagheggi to open showroom in Green Court Office

Italy’s leading professional phytocosmetics brand Vagheggi will launch its brand new flagship store, in Green Court Office, Budapest, in the...

Office Market

Hungary and CEE Remain Attractive for Investors

More investment is moving towards cost effective locations such as Central and Eastern Europe, Andreas Ridder, managing director for CEE...

Logistics

Metrans to build HUF 15.7 bln container terminal in Zalaegerszeg

Metrans, a unit of German logistics group HHLA, will build a HUF 15.7 billion container terminal in Zalaegerszeg (182 km...

Residential

WING Polish unit Echo to get 66% stake in Archicom

Polish property developer Echo Investment, majority-owned by Hungarian peer WING, has signed an agreement to acquire a 66% stake in...

Residential

Interest in home renovation subsidies strong

Almost two-thirds of Hungarian families raising children say they will "certainly" or "probably" take advantage of home renovation subsidies the...

Residential

Atenor enters Budapest residential market

Belgian-owned real estate development company Atenor has signed an agreement relating to the acquisition of new plots in the District...

Construction

Romania’s construction output rises in 2020

Romania's construction output rose by an annual 15.9% in 2020, the Bucharest-based National Institute of Statistics (INS) said in a...

Construction

Construction output volume down 0.3% y.o.y. in December

The volume of construction output in December 2020, based on raw data, was 0.3% lower compared to the previous year,...

Industrial

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

Sustainability

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Residential

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

Real Estate

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Sustainability

Westend Shopping Center Wins Green Investment of the Year Award

One of the leading Budapest malls, Westend Shopping Center, operated by Gránit Pólus Group, has won the “Green Investment of...

Real Estate

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

Sustainability

ESG Elements Central to Investment and Financing

Analysts say a sustainable recovery in the investment markets is underway, although investors are more selective in how they allocate...

Sustainability

Accreditation Systems Face More Complex Demands

Developers and asset owners in the region see a growing need for higher-level third-party sustainability accreditations such as BREEAM, LEED,...

Sustainability

The Business Case for Building Less, and Managing Better

Tibor Karsai, managing director of Rustler Kft., explains how coordinated design, investment and property operations can make circular strategies commercially...

Sustainability

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....

Budapest Office Vacancy Rises to 13.1% as Leasing Demand Falls Year-on-Year

Budapest’s office vacancy rate rose to 13.1% in the third quarter of 2026, while total leasing demand fell 9% year-on-year,...

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Civil Engineering Surge Masks Decline in Building Construction

Civil engineering output more than doubled in Hungary in August, while building construction declined and the volume of new contracts...

Hungary’s Housing Costs Drive Buyers Toward Garden Plots and Former Wine Cellars

Rising house prices and living costs are pushing more buyers toward properties on Hungary’s outlying garden plots and vineyard land,...

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Westend Shopping Center Wins Green Investment of the Year Award

One of the leading Budapest malls, Westend Shopping Center, operated by Gránit Pólus Group, has won the “Green Investment of...

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

Government Gives Green Light to M49 Extension to Romanian Border

The government will proceed with the second phase of the M49 expressway, extending the road to the Romanian border, Transportation...

ESG Elements Central to Investment and Financing

Analysts say a sustainable recovery in the investment markets is underway, although investors are more selective in how they allocate...

Accreditation Systems Face More Complex Demands

Developers and asset owners in the region see a growing need for higher-level third-party sustainability accreditations such as BREEAM, LEED,...

The Business Case for Building Less, and Managing Better

Tibor Karsai, managing director of Rustler Kft., explains how coordinated design, investment and property operations can make circular strategies commercially...

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....

Budapest Residents Move Less as Outer Districts Gain Ground

Fewer Budapest residents moved between districts in 2025, with around 29,000 people registering a new permanent address elsewhere in the...