ARTICLES LABELLED WITH TAG budapest
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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17
Dec
2024
Dec
2024
Skanska starts new office development in Budapest
Skanska has started the development of the second office building of the H2Offices complex in Budapest.
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25
Nov
2024
Nov
2024
German investor buys office building in Budapest
Wing has announced the sale of the Honvéd Center office buildings in the Central Business District of Budapest to Greve Honvéd Kft, a subsidiary of Hamburg-based Greve Group, for an undisclosed amount.
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12
Nov
2024
Nov
2024
Started construction projects in Hungary fall on nine months
Value of started construction projects in Hungary fell almost 17% down year-on-year in the first nine months of 2024, accounting for around HUF 1800 billion, according to EBI Construction Activity Report Hungary.
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12
Nov
2024
Nov
2024
Living delivers first phase of green resi project in Budapest
Hungarian developer Living has delivered the first phase of the 165-unit Le Jardin residential park in Rozsnyay utca, District 13 of Budapest.
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Latest news
- 55% of employees feel tired or overworked daily or several times a week
- Oded Rahamim returns to GTC as group CFO
- CA Immo sells Czech property platform
- Mondo Development takes over management of Nexus in Bucharest
- BuildGreen secures BREEAM Excellent for 982 flats in Bucharest
- Cavatina accelerates residential growth while keeping offices at its core
- One United Properties appoints Cătălin Jalobă as CFO
- North-East Romania looks to turn potential into investment
- LemonTree breaks ground on logistics complex near Kraków
- Optimal Development breaks ground on Bratislava project
New leases
- Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
- 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.
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.
