ARTICLES LABELLED WITH TAG Budapest

News Gránit Asset Management buys historical building in central Budapest
17
Dec
2024

Gránit Asset Management buys historical building in central Budapest

by Property Forum
Gránit Asset Management has completed the purchase of the historical Exchange Palace building in Budapest, from private investors, for an undisclosed sum.
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News Skanska starts new office development in Budapest
17
Dec
2024

Skanska starts new office development in Budapest

by Property Forum
Skanska has started the development of the second office building of the H2Offices complex in Budapest.
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News German investor buys office building in Budapest
25
Nov
2024

German investor buys office building in Budapest

by Property Forum
Wing has announced the sale of the Honvéd Center office buildings in the Central Business District of Budapest to Greve Honvéd Kft, a subsidiary of Hamburg-based Greve Group, for an undisclosed amount.
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News Started construction projects in Hungary fall on nine months
12
Nov
2024

Started construction projects in Hungary fall on nine months

by Property Forum
Value of started construction projects in Hungary fell almost 17% down year-on-year in the first nine months of 2024, accounting for around HUF 1800 billion, according to EBI Construction Activity Report Hungary. 
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News Living delivers first phase of green resi project in Budapest
12
Nov
2024

Living delivers first phase of green resi project in Budapest

by Property Forum
Hungarian developer Living has delivered the first phase of the 165-unit Le Jardin residential park in Rozsnyay utca, District 13 of Budapest.
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News Industrial take-up in Hungary slightly grows by Q3 2024
22
Oct
2024

Industrial take-up in Hungary slightly grows by Q3 2024

by Property Forum
Total demand for industrial spaces in Hungary fell 11.5% to 483,000 sqm in the first three quarters versus the same period of last year. Net take-up, meanwhile, was up 3% to 384,980 sqm in the same interval, according to the Budapest Research Forum (BRF).
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News Living secures funding for resi project in Budapest
22
Oct
2024

Living secures funding for resi project in Budapest

by Property Forum
Living, Wing’s residential development arm, has secured a financing worth HUF 12 billion from Erste Bank for the construction of the Római Park residential project in Buda. Construction works started last August, with completion expected in 2026.
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News IWG opens new Regus office in Budapest
17
Oct
2024

IWG opens new Regus office in Budapest

by Property Forum
IWG has announced the opening of a new flexible workspace project in Budapest under the Regus brand in partnership with Proform Ingatlanbefektetési Zrt. 
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News Wing fully delivers residential project in Budapest
17
Oct
2024

Wing fully delivers residential project in Budapest

by Property Forum
Living, Wing’s residential development arm, has completed Kassák Terrace, the third phase of Kassák Project in District 13 of Budapest, featuring 246 apartments.
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News Atenor rolls out repositioning of Olympia offices in Budapest
14
Oct
2024

Atenor rolls out repositioning of Olympia offices in Budapest

by Property Forum
Atenor has started to implement a rebranding of its Budapest-based office complex Olympia, formerly known as Aréna Business Campus, in a bid to accommodate new workplace trends, such as remote work and hybrid schedules.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

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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