ARTICLES LABELLED WITH TAG budapest
06
Feb
2025
Feb
2025
Hungarian gov't backs out of "Maxi Dubai" project in Budapest
The Hungarian government has recognised that Budapest’s municipally owned company exercised its pre-emption right over the Rákosrendező plot. Therefore, the megaproject by UAE-based Eagle Hills Group, dubbed "Maxi Dubai" in the local media, is effectively cancelled.
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04
Feb
2025
Feb
2025
GTC & Numa Group launch first project in Hungary
Digital hospitality platform Numa Group and GTC have announced their launch in Hungary with a flagship property in central Budapest.
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28
Jan
2025
Jan
2025
Cordia aims to complete over 1,000 apartments in Budapest this year
Hungarian developer Cordia plans to add over 1,000 apartments this year, in Budapest, with three-quarters of this supply hitting the market in the first quarter alone. This expansion will increase the availability of new homes in the city by 20% compared to the end-of-year stock.
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23
Jan
2025
Jan
2025
Forestay Group & Recorde buy office building in Budapest
Forestay Group and Recorde Asset Management have purchased a 10,200 sqm office building in central Budapest from Generali Real Estate for an undisclosed sum.
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23
Jan
2025
Jan
2025
Gránit Asset Management joins Hungary's Golden Visa Program
Gránit Asset Management has been added to the Constitution Protection Office's list of qualified market operators, thus enabling its participation in the investor visa program aimed at modernizing and improving the quality of Hungary's real estate stock.
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21
Jan
2025
Jan
2025
Budapest office demand up 8% in 2024
Total office demand in Budapest rose by 8% year-on-year to 502,150 sqm during 2024, according to data from the Budapest Research Forum (BRF).
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13
Jan
2025
Jan
2025
UDI Group kicks off first resi project in Budapest
Czech real estate developer Urban Developers and Investors Ltd. Group (UDI Group) is making its first investment in Hungary, in a Budapest-based residential project.
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07
Jan
2025
Jan
2025
Biggeorge Property makes land purchase in Budapest
Hungarian developer and investor Biggeorge Property Plc has purchased a 35,000 sqm development land plot in Budapest, from ECE, for an undisclosed sum.
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17
Dec
2024
Dec
2024
Kálvin Square office in Budapest reaches near 100% occupancy
Kálvin Square office building, managed by ConvergenCE, has achieved a near-record 99 percent lease occupancy.
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17
Dec
2024
Dec
2024
Gránit Asset Management buys historical building in central Budapest
Gránit Asset Management has completed the purchase of the historical Exchange Palace building in Budapest, from private investors, for an undisclosed sum.
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Latest news
- Romanian transaction pipeline points to recovery in H2 2026
- FedEx opens new logistics hub in Košice, Slovakia
- ADR Nord-Est joins EastGate as Institutional Partner
- Hines sells Warsaw office building
- WING to build KPMG's new Budapest HQ in rare single-tenant deal
- Shopping centre in Opole gets 11,000 sqm expansion
- Lion’s Head Romania targets 2026 for first logistics delivery
- Łódź resi project nears completion near new city centre
- GTC completes office building in Budapest
- Tatra Asset Management enters Slovak rental housing scheme
New leases
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
- Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
