ARTICLES LABELLED WITH TAG budapest
26
Jan
2023
Jan
2023
ConvergenCE to make office portfolio greener in Budapest
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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25
Jan
2023
Jan
2023
Apartment rents down in Hungary after two years of increase
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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24
Jan
2023
Jan
2023
Primark to open first shop in Hungary this autumn
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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19
Jan
2023
Jan
2023
Huge office portfolio to be refinanced in Budapest
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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19
Jan
2023
Jan
2023
Krausz Palota to open after refurbishment in Budapest
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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16
Jan
2023
Jan
2023
Limitless Park to be built outside Budapest
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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11
Jan
2023
Jan
2023
Old HQ of Hungary's Mol sold to Hungarian state
The biggest company in Hungary got rid of its outdated office complex for HUF 6.3 billion in November last year, investigative news site K-Monitor reports.
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10
Jan
2023
Jan
2023
Etele Plaza to get BREEAM Very Good certificate in Budapest
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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04
Jan
2023
Jan
2023
IHG to open two new hotels in Budapest
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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19
Dec
2022
Dec
2022
Hungary's Living to start new resi projects in Budapest
Hungarian developer Wing launched its umbrella brand Living 5 years ago. Nine residential development were started, and over 1,200 apartments have been sold so far. The company also has several other developments in the pipeline.
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Latest news
- CEE logistics demand remains structurally strong
- Jet Investment buys logistics park near Gdańsk
- MLP Group starts new industrial project near Warsaw
- AFI Group to purchase new resi rental project in Prague
- Andrzej Wroński takes helm at 7R
- Next logistics cycle in CEE to reward patience
- EAM completes €70 million logistics project near Warsaw
- Wing appoints new Deputy CEO
- Arete secures €30 million financing from PKO for Polish project
- Scallier to develop new retail park in Darłowo
New leases
- Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
- The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
New appointments
- Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
