ARTICLES LABELLED WITH TAG Budapest

News Next phase of Millennium Gardens gets occupancy permit in Budapest
12
Mar
2024

Next phase of Millennium Gardens gets occupancy permit in Budapest

by Property Forum
TriGranit and Revetas Capital have officially obtained the occupancy permit for the second phase of the Millennium Gardens office complex. The two phases offer 37,000 sqm of office and retail space in the vicinity of the river Danube. 
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News Hard Rock Hotel to be rebranded as Pullman Budapest
29
Feb
2024

Hard Rock Hotel to be rebranded as Pullman Budapest

by Property Forum
Global hotel operator Accor Group will introduce its premium hotel brand Pullman after taking over the management role at Hard Rock Hotel in Budapest. The opening is scheduled for the end of March 2024.
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News Skanska launches ESG+ office package
27
Feb
2024

Skanska launches ESG+ office package

by Property Forum
Swedish property developer Skanska has developed an offer to tenants consisting of services to support them in creating sustainable workplaces and non-financial reporting.
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News Market Asset Management hands over Budapest office building
14
Feb
2024

Market Asset Management hands over Budapest office building

by Property Forum
The BEM Center office building has been handed over and with it the first tenants have arrived, including the investor and developer Market Asset Management Zrt.
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News IHG to open Europe's first Holiday Inn & Suites in Budapest
05
Feb
2024

IHG to open Europe's first Holiday Inn & Suites in Budapest

by Property Forum
IHG Hotels & Resorts has announced its first Holiday Inn & Suites property in Europe by signing Holiday Inn & Suites Budapest Centrale – part of its Holiday Inn Hotels & Resorts brand. The new hotel will offer 170 rooms and is set to open in late 2026.
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News Office vacancy increases again in Budapest in Q4 2023
22
Jan
2024

Office vacancy increases again in Budapest in Q4 2023

by Property Forum
Total demand in 2023 amounted to 464,570 sqm, while net take-up reached 238,250 sqm in the same period. Total demand increased by 19%, while net take-up showed a 21% growth compared to 2022, the Budapest Research Forum (BRF) reports.
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News CBV to develop new multifunctional centre in Budapest
09
Jan
2024

CBV to develop new multifunctional centre in Budapest

by Property Forum
Local developer Chain Bridge Venture Kft. (CBV) has launched a new development project aiming to build a state-of-the-art multifunctional centre not far from the Puskás Ferenc Stadium and Papp László sports arena. The handover is expected in 2026.
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News IWG to open two new locations in Hungary
28
Nov
2023

IWG to open two new locations in Hungary

by Property Forum
As demand for hybrid working rises International Workplace Group (IWG) expands its footprint in Budapest and Debrecen with the addition of two new workspaces. The opening of these two facilities is scheduled for 2024.
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News Marriott International opens Dorothea Hotel Budapest
23
Nov
2023

Marriott International opens Dorothea Hotel Budapest

by Property Forum
Marriott International has added a new hotel to its global portfolio with the opening of Dorothea Hotel, Budapest, Autograph Collection. The new luxury hotel is located in Budapest’s District V and offers 216 rooms and suits.
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News Hungary’s first Radisson-branded hotel opens in Budapest
23
Nov
2023

Hungary’s first Radisson-branded hotel opens in Budapest

by Property Forum
Radisson Hotel Budapest BudaPart, the first upscale Radisson branded hotel in Hungary has opened its doors in the vibrant Újbuda district. This hotel serves both as a retreat as well as a business hub and offers new bar and restaurant options for locals and overnight guests.
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Latest news


New leases

  • DevHub, a Romanian software development company, has solidified its presence in the Romanian market by opening two new offices, with a total area of over 1,000 sqm, located in the office buildings within the mixed-use projects Iulius Town Timișoara and Palas Iași, developed by Iulius.
  • ELI Parks has signed an agreement with Quehenberger Logistics for the lease of 1,703 sqm of warehouse space and 56 sqm of offices within the ELI Park Bacău project.
  • Cushman & Wakefield has appointed Szczepan Gowin to head its Industrial & Logistics Agency in Poland. He has over 15 years' of international experience in logistics and supply chain management.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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