Gránit Asset Management has completed the first phase of renovations at Alkotás Point Office Building in Budapest, part of its Torony Real Estate Fund portfolio. The development focuses on technical upgrades and tenant experience improvements while meeting ESG standards.

The latest EBI Construction Activity Report found that although the expansion of M1 motorway caused a surge in the value of started construction projects in Q3 2025, the last three months of the year brought very low activity-start. Even at current price, such a low number of construction projects did not start in a quarter in the past nine years.

Wing has successfully closed its €100 million bond programme launched last year with substantial oversubscription. The final tranche, with a nominal value of €34.8 million, attracted purchase orders totalling €57.64 million at a fixed annual interest rate of 6%.

Forestay Group continues its growth strategy with the appointment of András Kovács as Asset Management and Transactions Director. 

Logicor has acquired a 28,000 sqm freehold logistics asset in Budaörs, located 12 km from Budapest city centre. The property, now named Logicor Alligator, comprises warehouse and office space within the M0 Budapest ring road.

The Hungarian commercial real estate market showed signs of recovery in 2025 after a challenging period, with investment volumes rising 117.5% year-on-year to €881 million, according to Colliers' latest market analysis.

CA Immo has completed the sale of Millennium Tower I, an 18,800 sqm office building in Budapest's Central Pest office submarket, to ultra-low-cost airline Wizz Air, for an undisclosed sum. The transaction continues the company's strategic capital rotation programme to focus on high-quality, modern office properties in core markets.

Polat Hungary Kft. has negotiated a 3-year financing agreement with Raiffeisen Bank Hungary for €60 million to develop the Seven Pearl residential complex in Budapest's historic 7th district.

Hungarian real estate company Wing announced on LinkedIn that Dr. Katalin Walter has joined the company as Deputy CEO, effective 5 January 2026.

The Hungarian property market experienced a significant turnaround this year, characterised by diverse buyer preferences. Investors, panel apartment seekers, and family house buyers were all active, though not simultaneously. According to data from property portal zenga.hu, interest levels in 2025 showed major fluctuations across property types, conditions, and sizes.