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

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.


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