Property prices in the Budapest agglomeration rose by an average of 11.5% in the first eight months of 2026, with the average square metre price reaching 872,000 forints. Buyers paid an average of 87.7 million forints per property, around 11 million forints more than in the same period of 2025. The share of transactions completed below 50 million forints fell from 28% to 19%, while properties priced below 100 million forints dropped from 81% to 69% of all sales. House prices per sqm rose by 13% to 814,000 forints, while flat prices climbed 9% to just above 1 million forints per sqm.

Atenor has obtained a building permit for BakerStreet II, a 280-unit residential development in Budapest's 11th district. The project will comprise 280 apartments across three buildings, representing approximately 26,700 sqm of residential space. Located near the Danube and university faculties, it is designed around a landscaped courtyard with green areas and shared amenities.

Hotel Erzsébet City Center Budapest has opened as Hungary's first property under the Radisson Individuals brand, marking the brand's debut in the country. The 126-room hotel is situated on Károly Street in Budapest's District V and offers guests walking access to Váci Street, the Great Market Hall, Dohány Street Synagogue, the Hungarian National Museum and the Danube Promenade. The hotel is approximately 30 minutes by car from Budapest Ferenc Liszt International Airport.

CTP has signed a long-term lease with Quick Service Logistics (QSL) for a 10,658 sqm built-to-suit distribution centre at CTPark Budapest Vecsés. The facility will include more than 10,100 sqm of frozen, chilled and ambient storage space, plus over 500 sqm of offices, and is expected to be completed in October 2026.

The Budapest Research Forum (BRF), comprising 108 Hungary Real Estate, CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary, has published its Q2 2026 industrial market snapshot for Hungary.

KPMG's new headquarters, spanning more than 8,000 sqm, will be delivered on Váci Road, Budapest, in autumn 2029. Designed entirely around the requirements of the advisory and audit firm, the project is notable for WING delivering a complete office building tailored exclusively to a single tenant, a construction model that is rare in today's Budapest office market. The transaction is also the largest new office leasing agreement in Budapest so far this year.

GTC has received the occupancy permit for Centerpoint 3, the newest phase of the Centerpoint complex in Budapest's Váci Corridor. The building offers 36,600 sqm of office, retail and service space and is developed to LEED Gold certification standards, with landscaped terraces and an internal garden.

Demand for residential property in Hungary continued to cool in June, with zenga.hu recording a 5% drop in interest in homes compared to May, and a 24% decline against last year's monthly average. Budapest saw the sharpest fall.

Danubius Hotels Zrt. is expanding its hotel portfolio through a new international franchise partnership. As a result of the agreement between Danubius and the Radisson Hotel Group, the Radisson Individuals brand will make its debut in Hungary. With this addition, Danubius now operates five international hotel brands.

The first quarter of this year saw a rise in annual house prices on the Hungarian market, but the second quarter lost momentum. According to the latest analysis from zenga.hu, listing prices for residential properties are still 14 percent higher year-on-year, but this is a slowdown compared to the 20 percent growth in the first quarter. On a quarterly basis, prices rose by just 0.3 percent, meaning that nationwide the increase has essentially stopped.