Is Budapest ready to become a smart city?

02
May
2017
News - Is Budapest ready to become a smart city? #Budapest #HuGBC #Hungary #report #RICS #smart city

by Ákos Budai | Report

Smart buildings and smart infrastructure are essential parts of a liveable, sustainable, future-proof and truly smart city, something that population centres all over the world aspire to be. Things have started going in the right direction but the Hungarian capital still has a long way to go before it can establish itself as a smart city. The vision of Budapest as smart city, officially approved by the City Council, was presented at the latest Green Talk, organised by RICS and the Hungary Green Building Council (HuGBC).


In his welcome speech Noah M. Steinberg FRICS, Chairman of RICS in Hungary, said that cities develop when real estate professionals do their job with the right values in mind. He believes there have been a lot of positive developments in recent years but a holistic approach is needed if Budapest truly wants to become a smart city. 

“The Smart Budapest is a sustainable city from environmental, social and economic aspect. By making use of modern technology and taking increased social responsibility, the city proves to be a liveable place for city dwellers,”, Zsombor Barta MRICS, Board Member of the HuGBC tried to provide a holistic view for a smart and liveable city by presenting the Smart City Vision of Budapest. He emphasised that this vision is not yet a concept and it does not provide solutions for current problems, but it is rather a framework for a future concept. 

Topics & goals of the Smart Budapest Vision

Two long term urban development strategies (Budapest 2020 and Budapest 2030), previously published by Municipality of Budapest, already highlight some action areas, but the Smart City Vision of Budapest is the first document to provide a comprehensive vision for the smart future of the capital. The material was approved this January by the Budapest City Council, the Municipality accepts its vision, even though some of the principles are not reflected in their decision-making process, Barta admitted. 

Dr. László Ludvig, Head of the Mobility Division at Siemens Hungary also presented at the latest Green Talk event. Siemens’s Smart Hungary 2025 concept is based on key targets set by the Hungarian government to improve energy efficiency and reduce emissions. The concept is centred on digitalisation as it recommends the use of digital technologies in manufacturing, energy, transport and healthcare. It emphasises the importance of smart solutions in four fields: energy, transport, buildings and manufacturing.




Latest news


New leases

  • Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.
  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • 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.


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