Wing-owned Witorp Kft. has signed a share purchase agreement to acquire Capital Square, a landmark office building in the Váci út business district of Budapest.
Hungary's construction sector had a mixed start to 2026, with projects worth around €1.8 billion entering construction in Q1, according to the latest EBI Construction Activity Report.
Moxy Budapest Downtown has opened its doors in central Budapest, marking the debut of Marriott International's lifestyle brand in Hungary. The hotel is located on Kazinczy Street in one of Budapest's cultural districts.
Danubius Hotels Zrt. has spent HUF 50 billion (€125 million) from its own funds on refurbishing its hotels over the past five years, with renovations continuing. The British-owned company employs more than 2,000 people in Hungary and operates 16 hotels with 4,046 rooms.
Skanska has announced that the second phase of the H2Offices complex in Budapest has reached structural completion. With more than 22,000 sqm of office space, the development is moving into the next stage of construction and remains on track for completion in Q1 2027.
Faedra Group has concluded a financing agreement for the MyRA Park M3 retail development project, backed by OTP Bank and the Faedra II Real Estate Development Fund, managed by Faedra Alapkezelő.
Housing prices in Central Europe have risen dramatically over the past six years, according a report by Cushman & Wakefield, based on data from Builtmind, comparing Bratislava, Prague, Warsaw and Budapest
Wing, one of Hungary's real estate development and investment companies, will restructure its management organisation, which includes a split of the Chairman and CEO roles starting April 1.
Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.
New appointments
BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
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