ARTICLES LABELLED WITH TAG Budapest

News - Budapest shopping centre to undergo major renovation starting 2027
14
Nov
2025

Budapest shopping centre to undergo major renovation starting 2027

by Property Forum
The Duna Plaza shopping centre in Budapest will undergo a comprehensive renovation as part of an investment by Indotek Group. The redevelopment will expand the building beyond existing retail areas to include community meeting and experience centre functions, with construction expected to begin in early 2027 and the mall reopening in 2029.
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News - CTP signs major 80,000 sqm logistics deal in Budapest project
13
Nov
2025

CTP signs major 80,000 sqm logistics deal in Budapest project

by Property Forum
CTP has secured a major international logistics firm as tenant for 80,000 sqm of build-to-suit space at its new CTPark Budapest-Érd in Hungary. The logistics operator signed a long-term lease for the distribution hub, which will be delivered in Q1 2027.
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News - Indotek to build thousands of affordable homes in Budapest
06
Nov
2025

Indotek to build thousands of affordable homes in Budapest

by Property Forum
Indotek Group has announced plans to build thousands of new homes in Budapest at prices more favourable than panel flats, including projects in districts XI and XV. The company expects that the new targeted apartment supply will have a price-reducing rather than price-inflating effect, contrary to some market fears.
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News - Prime Holdings sells projects in Poland and Hungary for over €60 million
04
Nov
2025

Prime Holdings sells projects in Poland and Hungary for over €60 million

by Property Forum
Prime Holdings Group has completed the sale of its Łódź 1 project in Poland and the Science Park office complex in Budapest, Hungary. The combined transaction value exceeds €60 million.
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News - Wing buys major development site in Budapest from GTC
03
Nov
2025

Wing buys major development site in Budapest from GTC

by Property Forum
Wing Group has signed an agreement with GTC to purchase a development site at 173-177 Váci Road in Budapest, covering more than 2.1 hectares. The company plans to build approximately 470 apartments and a 23,000 sqm office building as part of a mixed-use project on Hungary's largest office market area.
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News - Investor picks up historic building in Budapest
27
Oct
2025

Investor picks up historic building in Budapest

by Property Forum
A key national property in Budapest has been acquired by Eagle Hills, the Abu Dhabi-based developer. The purchase of the former interior ministry palace was confirmed by Hungarian media outlet Telex on 25 October 2025. 
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News - Futureal secures €165 million refinancing for Etele Plaza
27
Oct
2025

Futureal secures €165 million refinancing for Etele Plaza

by Property Forum
Futureal, owner of the Etele Plaza shopping centre in Budapest, has signed a €165 million loan agreement with a consortium comprising Erste Bank Hungary, Erste Group Bank and UniCredit Bank Hungary. The refinancing extends the loan maturity to 2035.
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News - iLogistic expands to 15,500 sqm in CTPark Budapest West
21
Oct
2025

iLogistic expands to 15,500 sqm in CTPark Budapest West

by Property Forum
iLogistic, a fulfilment solutions company, signed a long-term lease for an additional 5,000 sqm at CTPark Budapest West in Biatorbagy in September. The company now operates across 15,500 sqm, representing a thirty-fold increase since launching in the park with just 500 sqm in 2018.
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News - Wing and Accent form strategic hotel partnership in Hungary
20
Oct
2025

Wing and Accent form strategic hotel partnership in Hungary

by Property Forum
Wing and Accent Hotel Management have signed a strategic agreement to jointly operate hotel projects in Hungary. The partnership combines Wing's real estate development expertise, portfolio management experience, and capital strength with Accent's operational competencies and brand relationships.
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News - Budapest sees higher office demand in Q3 2025
16
Oct
2025

Budapest sees higher office demand in Q3 2025

by Property Forum
Budapest's office market saw a robust third quarter in 2025, driven by strong demand and a significant year-on-year increase in net take-up. Despite no new office space being delivered, the market showed resilience, with notable activity on the Váci Corridor submarket, according to the Budapest Research Forum (BRF).
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Latest news


New leases

  • Expur has leased 940 sqm for its new offices in Business Garden Bucharest, owned by Vastint Romania. The deal was brokered by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
  • GTX Romania has leased 2,700 sqm in VLParks Bucharest West, in a deal brokered by iO Partners.
  • Vitalaire Romania, a subsidiary of the Air Liquide Group, has relocated its offices to Bucharest-based One Cotroceni Park, in a deal brokered by iO Partners.

New appointments

  • Artur Apostoł joins Griffin Capital Partners as Co-Managing Partner to lead the company’s real estate activities together with Marek Obuchowicz, who has been promoted to Co-Managing Partner. Artur and Marek are taking over responsibilities from Piotr Fijołek, who transitions from an active role and will continue supporting the firm as Senior Advisor. These appointments mark the completion of a leadership transformation aligned with the company’s dynamic growth and long-term strategy.
  • CBRE Hungary has named Anna Zhang as Business Development Manager, while Antoine Fromental takes on the role of Hotel Investment Analyst. Zhang is tasked with developing partnerships with Far Eastern clients and strengthening business relations in CEE markets. She previously served on the PwC Hungary China Desk team. Fromental joins the firm after roles at B&B Hotels and Cushman & Wakefield, where he contributed to various European hotel development, valuation, and market research projects.
  • Garbe has named Zuzana Štěpánková as Business Development Manager in the Czech Republic. She has previously worked at iO Partners as Senior Consultant.

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