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News HGL expands by 10,000 sqm in HelloParks Maglód
01
Jul
2025

HGL expands by 10,000 sqm in HelloParks Maglód

by Property Forum
HGL, the logistics service provider, has significantly increased its operational footprint at HelloParks’ Maglód megapark, adding another 10,000 sqm of warehouse space.
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News Office building in Budapest to be converted into residential units
30
Jun
2025

Office building in Budapest to be converted into residential units

by Property Forum
According to epiteszforum.hu, Futureal Group’s residential developer arm Cordia will convert the next, currently shell-stage phase of the Corvin Innovation Campus office complex into a residential building. Designed by Radius B+S Architects, the eight-storey building will house more than 200 apartments, some featuring ceiling heights over 3 metres, thanks to the existing structural design. The project will also include a three-level underground garage, 400 sqm of communal space for residents, and a 160 sqm rooftop terrace exclusively for residents.
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News CPI Europe sells Budapest Marriott Hotel to Hungarian investors
25
Jun
2025

CPI Europe sells Budapest Marriott Hotel to Hungarian investors

by Property Forum
The iconic Budapest Marriott Hotel, a landmark on the Danube River, has been acquired by a Hungarian consortium comprising BDPST Group and Diorit Private Equity Fund, managed by Gránit Asset Management, for an undisclosed sum.
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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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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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