ARTICLES LABELLED WITH TAG Budapest

News Hotel Budapest (Körszálló) set for major transformation despite controversy
18
Jun
2025

Hotel Budapest (Körszálló) set for major transformation despite controversy

by Property Forum
The iconic 1967-built Hotel Budapest — locally known as Körszálló (meaning 'circle hotel') — has officially received demolition and construction permits for a near-complete rebuild. Most of the cylindrical tower and interior will be taken down and reconstructed to house around 50 luxury apartments, along with wellness facilities, restaurants, offices, and public amenities, 24.hu reports.
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News Panattoni City Dock Törökbálint reaches full occupancy over soaring demand
17
Jun
2025

Panattoni City Dock Törökbálint reaches full occupancy over soaring demand

by Property Forum
The logistics project Panattoni City Dock Törökbálint has reached full occupancy, over robust demand for industrial projects in the greater Budapest area. 
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News Second Tribe hotel launches in Hungary
10
Jun
2025

Second Tribe hotel launches in Hungary

by Property Forum
Tribe, part of the Accor hospitality group, opened in mid-May its second hotel in Hungary, near the Budapest airport.
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News Adventum inks refinancing for KÖKI Shopping Center
29
May
2025

Adventum inks refinancing for KÖKI Shopping Center

by Property Forum
Adventum Group announced the signing of a refinancing for its KÖKI Shopping Center in Budapest.
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News Corvin Innovation Campus achieves WELL Core Platinum Certification
27
May
2025

Corvin Innovation Campus achieves WELL Core Platinum Certification

by Property Forum
Corvin Innovation Campus, the office complex developed by Futureal Group, has been awarded the highly coveted WELL Core Platinum certification.
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News Moxy Budapest Downtown slated for delivery in early 2026
23
May
2025

Moxy Budapest Downtown slated for delivery in early 2026

by Property Forum
Forestay Group has organised a topping-out ceremony of the Moxy Budapest Downtown, a 283-room hotel set to open in spring 2026 on Budapest's historic Kazinczy Street. 
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News Hungarian construction sees slow start in 2025
21
May
2025

Hungarian construction sees slow start in 2025

by Property Forum
The Hungarian construction sector experienced a significant slowdown in Q1 2025, with the value of new construction starts dropping sharply compared to the previous quarter and the same period last year. This weak start comes despite a surge in activity at the close of 2024, driven by major project launches.
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News First Mövenpick Hotel opens in Budapest
16
May
2025

First Mövenpick Hotel opens in Budapest

by Property Forum
Mogotel Hotel Group has opened the first Mövenpick-branded hotel in Budapest, marking a significant expansion in the Hungarian capital. 
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News CA Immo sells Budapest office building to BYD
15
May
2025

CA Immo sells Budapest office building to BYD

by Property Forum
CA Immo completed the sale of the IP West office building in Budapest. The buyer is BYD, a Chinese company that develops and manufactures rechargeable batteries, electric vehicles, rail transit systems, and other new energy technologies, as confirmed by Colliers. The agency represented the buyer in the transaction and provided project management services. The sale was also supported by CBRE and CERHA HEMPEL Rechtsanwälte.
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News Atenor sells office building in Budapest
09
May
2025

Atenor sells office building in Budapest

by Property Forum
Atenor has announced the sale of BakerStreet I, a fully leased office and retail development in Budapest's Újbuda district, to an international investor. 
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Latest news


New leases

  • Buchareast-based office project Floreasca Park has reached over 80% occupancy, following over 4,400 sqm of recent leasing activity. Leroy Merlin has leased 3,900 sqm, while IGEL Technology is occupying 515 sqm.
  • Henkel Romania has sold a 1,800 sqm property in central Bucharest, which served as its HQ, to a high-end residential developer. The deal was brokered by iO Partners.
  • The family shopping centre M1 Kraków, managed by EPP, is strengthening its gastronomic, service and sports offer. The group of new tenants includes Sports Direct, which is making its debut in the capital of Małopolska, as well as the oriental restaurant Asia Mama and the pet shop Maxi Zoo. In recent months, Cukiernia Sowa has also opened its doors to customers. MediaMarkt, McDonald's, HalfPrice and 4F, which presented an enlarged salon in the new BLACK concept, have decided to continue their cooperation with the Kraków facility and modernise their premises. All signed contracts cover over 6,000 sqm of space.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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