ARTICLES LABELLED WITH TAG budapest
27
Feb
2024
Feb
2024
Skanska launches ESG+ office package
Swedish property developer Skanska has developed an offer to tenants consisting of services to support them in creating sustainable workplaces and non-financial reporting.
Read more >
14
Feb
2024
Feb
2024
Market Asset Management hands over Budapest office building
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.
Read more >
05
Feb
2024
Feb
2024
IHG to open Europe's first Holiday Inn & Suites in Budapest
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.
Read more >
22
Jan
2024
Jan
2024
Office vacancy increases again in Budapest in Q4 2023
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.
Read more >
09
Jan
2024
Jan
2024
CBV to develop new multifunctional centre in Budapest
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.
Read more >
28
Nov
2023
Nov
2023
IWG to open two new locations in Hungary
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.
Read more >
23
Nov
2023
Nov
2023
Marriott International opens Dorothea Hotel Budapest
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.
Read more >
23
Nov
2023
Nov
2023
Hungary’s first Radisson-branded hotel opens in Budapest
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.
Read more >
13
Nov
2023
Nov
2023
CEE-based capital cities run the risk of office shortages
Higher construction costs and the unfavourable economic situation in Europe are impacting the future development of new offices in the region, especially in capital cities like Prague, Bratislava, Budapest and Bucharest.
Read more >
16
Oct
2023
Oct
2023
Office vacancy rate climbs again in Budapest in Q3 2023
The office vacancy rate in Budapest increased to 13.2%, representing a 0.6 pps growth quarter-on-quarter and a 2.2 pps increase year-on-year. Two smaller buildings have been handed over while the demand has increased by 14% compared to the previous quarter, the Budapest Research Forum (BRF) reports.
Read more >
Latest news
- Summus Capital acquires office building in Kraków
- Portico buys two Mega Image stores in Ploiești
- GTC delivers strong Q1 2026 growth with 7% revenue rise
- Banks still want to lend, but only to the right projects
- Wing-owned company to acquire office building in Budapest from CA Immo
- TriGranit and DRFG acquire Korzó Shopping Centre in eastern Hungary
- One United Properties secures €80.5 million UniCredit financing
- Domestic capital dominates Czech property deals in Q1 2026
- Leading logistics developer sees growing demand from defence sector
- Stefan de Goeij named Chair of RICS European board
New leases
- Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
- Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
- DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.
New appointments
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
- Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
