ARTICLES LABELLED WITH TAG Budapest

The Academia office building has reached nearly 100% office occupancy, less than a year and a half after a comprehensive refurbishment. 

Living's first residential development in Buda, Római Park, is progressing as scheduled, with the building structure for the 257-unit complex now complete. 

Industrial developer CTP has signed a long-term lease agreement with Gorenje Magyarország Kft., the household appliance manufacturer and part of the Hisense Group, for a new 15,000 sqm facility at CTPark Budapest West. 

Hungary’s retail sector is drawing renewed attention from international foodservice operators, with several global fast food chains preparing to enter or return to the market.

New Work has renegotiated and extended its cooperation with Woodpecker Acquisitions at Science Park in Budapest, becoming one of the largest tenants in the complex.

The value of new construction projects started in Hungary during H2 2025 has reached its second-lowest point since 2020, finds the EBI Construction Activity Report, prepared by Eltinga, Buildecon, and iBuild.

Wing's Telekom Campus in Budapest is now operating at nearly full capacity following a new lease agreement with an insurance company.

DSV Solutions Hungary has signed a new lease agreement for nearly 19,000 sqm of warehouse space in Prologis's newest park in Szigetszentmiklós. 

The Radisson Collection luxury brand has made its debut in Hungary with the opening of the Radisson Collection Hotel, Basilica Budapest. 

Budapest's office market recorded a notable decrease in its vacancy rate during Q2 2025, reaching 12.8%. This marks a 1.29 percentage point drop from the previous quarter and a 1.18 percentage point decrease year-on-year, according to the Budapest Research Forum (BRF). Net absorption also turned positive, reaching 57,000 sqm.