ARTICLES LABELLED WITH TAG Budapest

News Hungary's MBH Bank to build new HQ in Budapest 
28
Jun
2023

Hungary's MBH Bank to build new HQ in Budapest 

by Property Forum
MBH Bank, a newly established Hungarian player in the local financial market, will launch a huge development project aiming to build its new headquarters in the most important office destination. The handover of the first phase is scheduled for Q1 2026.
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News Large-scale developments to continue at Budapest Airport
28
Jun
2023

Large-scale developments to continue at Budapest Airport

by Property Forum
Despite the pandemic, travellers and businesses have seen several large-scale real estate-related developments at Liszt Ferenc International Airport in Budapest during the past few years. There will be more huge investments over the coming years. Property Forum asked Rene Droese, Chief Development Officer about each of them, including reopening Terminal 1 and preparations for a new Terminal 3.
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News Wing's Skylight City receives BREEAM certification in Budapest
20
Jun
2023

Wing's Skylight City receives BREEAM certification in Budapest

by Property Forum
Skylight City, an office building developed by Hungarian company Wing, has received a Very Good rating under the BREEAM In-Use sustainability certification scheme. The certification highlights the water and energy-efficient management and operation of the building.
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News Atenor obtains occupancy permit for office centre in Budapest
20
Jun
2023

Atenor obtains occupancy permit for office centre in Budapest

by Property Forum
One month before the handover, the RoseVille office complex obtained an occupancy permit in the northern part of the Hungarian capital. The building, developed by Atenor, offers 15,500 sqm of rentable space and will be opened in July this year.
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News Four Points by Sheraton Hotel opens in Budapest
19
Jun
2023

Four Points by Sheraton Hotel opens in Budapest

by Property Forum
Four Points by Sheraton Budapest Danube Hotel has opened in the Hungarian capital. The new 105-room hotel is situated on the banks of the river in the centre of the city and is managed by the Hungarian company Accent Hotels.
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News Marriott has robust development plans in Hungary
15
Jun
2023

Marriott has robust development plans in Hungary

by Property Forum
Business and leisure travel is back in CEE, including Hungary, which makes investments more profitable than it was expected a year ago. Property Forum asked Silvija Lovreta, Senior Director of South Eastern Europe - International Hotel Development at Marriott International about the extensive development pipeline and ways the company meets environmental challenges. On behalf of Marriott's local partner for the development of the first Moxy hotel in Budapest, Forestay Group, Bálint Botos also commented on a few questions.
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News Deutsche Telekom IT Solutions moves to Magyar Telekom HQ in Budapest
13
Jun
2023

Deutsche Telekom IT Solutions moves to Magyar Telekom HQ in Budapest

by Property Forum
The complex is one of the largest in the local office market. It was developed by the Hungarian company Wing and now has become a multi-tenant office building. However, there is still 7,500 sqm of space available to prospective tenants.
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News Skanska secures LEED Platinum certification in Budapest
09
Jun
2023

Skanska secures LEED Platinum certification in Budapest

by Property Forum
The first phase of Skanska's H2Offices has earned a Platinum Leadership in Energy and Environmental Design (LEED) Core and Shell version 4 certification with 84 points, which is currently the highest score in Hungary. Based on its accessibility features, the building also obtained the highest rating of Access4You certification, meaning Gold level.
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News Wing to add new building to its Liget Center in Budapest
12
May
2023

Wing to add new building to its Liget Center in Budapest

by Property Forum
The renovation of Liget Center, a Wing development, is about to reach a new milestone: a new building with an all-glass facade will join the existing office buildings – Liget Center Classic and Liget Center Auditorium – in the inner courtyard. Liget Center Vitrum will offer an additional 2200 sqm of leasable area in the city centre.
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News Marriott to open first Moxy hotel in Budapest
05
May
2023

Marriott to open first Moxy hotel in Budapest

by Property Forum
Marriott International has signed an agreement with Forestay Group to debut the Moxy Hotels brand in Budapest. Construction is predicted to begin this autumn, with the opening expected in 2025.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

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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