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

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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