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News GTC to spare energy in Budapest office building
31
Jan
2023

GTC to spare energy in Budapest office building

by Property Forum
The development firm has invested in the technical modernization of its buildings and reassured "BREEAM in Use" accreditation for the Váci Greens D complex.
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News ConvergenCE to make office portfolio greener in Budapest
26
Jan
2023

ConvergenCE to make office portfolio greener in Budapest

by Property Forum
The Hungarian property company is bolstering its sustainability efforts by entering an agreement with the fast-growing Norwegian Proptech company Varig Technologies.
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News Apartment rents down in Hungary after two years of increase
25
Jan
2023

Apartment rents down in Hungary after two years of increase

by Property Forum
The last month of 2022 brought a 0.7% decrease in rents compared to the previous month with prices in Budapest sinking by 0.9%, ingatlan.com reports.
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News Primark to open first shop in Hungary this autumn
24
Jan
2023

Primark to open first shop in Hungary this autumn

by Property Forum
Primark's first Hungarian store which will be opened in NEPI Rockcastle's Arena Mall shopping centre in Budapest is part of the ongoing expansion of the global retail chain.
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News Huge office portfolio to be refinanced in Budapest
19
Jan
2023

Huge office portfolio to be refinanced in Budapest

by Property Forum
Asset management firm Diófa and the Hungarian branch of Erste Bank have concluded a financing deal for seven years. The refinancing contract is worth €73 million, portfolio.hu reports.
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News Krausz Palota to open after refurbishment in Budapest
19
Jan
2023

Krausz Palota to open after refurbishment in Budapest

by Property Forum
The historic building will offer 4,600 sqm of office and 340 sqm of retail space in the very heart of the Hungarian capital. The opening is expected at the end of January.
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News Limitless Park to be built outside Budapest
16
Jan
2023

Limitless Park to be built outside Budapest

by Property Forum
The logistics facility will offer a total of 65,000 sqm of industrial and office space in Biatorbágy on the Western outskirts of the Hungarian capital.
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News Old HQ of Hungary's Mol sold to Hungarian state
11
Jan
2023

Old HQ of Hungary's Mol sold to Hungarian state

by Property Forum
The biggest company in Hungary got rid of its outdated office complex for HUF 6.3 billion in November last year, investigative news site K-Monitor reports. 
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News Etele Plaza to get BREEAM Very Good certificate in Budapest
10
Jan
2023

Etele Plaza to get BREEAM Very Good certificate in Budapest

by Property Forum
This is the first shopping centre in Hungary to be given such an award in the construction phase. The property, developed by the Hungarian company Futureal was opened in late 2021. 
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News IHG to open two new hotels in Budapest
04
Jan
2023

IHG to open two new hotels in Budapest

by Property Forum
Verno House Budapest, Vignette Collection, is set to open in the summer of 2023 under a franchise agreement and voco Budapest is to open in late 2023 under a management agreement, europe-re.com reports
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Latest news


New leases

  • Industrial developer CTP announced that Moemax, part of the XXXLutz Group, has signed a lease for a 5,300 sqm logistics unit at CTPark Bucharest South.
  • MAGNOR, a holding company with 100% Romanian ownership, has opened a new location in Iulius Mall, Cluj-Napoca. The launch of the new retail space is part of the company's strategy to expand its network of stores in key urban centres across Romania.
  • CA Immo has signed two lease agreements totaling around 4,400 sqm in the iconic Danube House in Riverside Karlín, Prague. Allegro will occupy two floors of the building, while Intersnack, an existing tenant, is expanding its office space within Danube House.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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