Hungary votes on changes in law on public construction

05
Jul
2023
News - Hungary votes on changes in law on public construction #construction #Hungary #law

by Property Forum | Report

The Hungarian Parliament voted in favour of the law on the public construction and investment regime with 136 votes in favour, 49 against and 9 abstentions. The law, among other things, makes the use of BIM mandatory for projects at or above the EU public procurement threshold, requires greater control over design and construction than before, and puts the whole life cycle of public works on a new footing.


The official purposes of the new act are as follows:

  • To put the system of public construction investments on a new basis and unify it.
  • To increase the efficiency of public construction works, with energy efficiency as a priority.
  • To provide adequate legal, professional and budgetary guarantees for investment operators in order to ensure predictability.
  • To strengthen and unify the public organisation involved in the implementation of public works.
  • To create a domestic construction environment in line with European law and values, and support domestic operators vis-à-vis foreign investors.
  • To improve the competitiveness of Hungarian construction enterprises and ensure that in the future investment decisions cannot be taken without the input of local communities.
  • To ensure that public construction investments are professionally driven.
  • To ensure that publicly funded investments are carried out in a coherent and coordinated way, with a predictable cost level.
  • To eliminate overlaps within the formerly fragmented organisation and ensure that certain investment-related tasks are carried out within the competent public institutions rather than by external resources.
  • To establish uniform technical requirements and contractual conditions.
  • To establish and update a knowledge base of contracting authorities to increase efficiency.
  • To establish a Public Investment Stakeholder Council.



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New leases

  • Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
  • Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
  • DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


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