ARTICLES LABELLED WITH TAG Budapest

News Forestay Group to deliver Moxy Budapest hotel in early 2026
14
Oct
2024

Forestay Group to deliver Moxy Budapest hotel in early 2026

by Property Forum
Forestay Group has hosted a traditional groundbreaking ceremony for its latest development, the Marriott Moxy Budapest, which will be the first hotel under this brand in Hungary. 
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News Gartner Intertrans leases 9,900 sqm in CTPark Budapest Vecsés
10
Oct
2024

Gartner Intertrans leases 9,900 sqm in CTPark Budapest Vecsés

by Property Forum
Intertrans Hungaria Kft, one of Hungary's largest international transport companies with operations across Europe, has leased 9,900 sqm of logistics space at CTPark Budapest Vecsés.
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News ZenGarden in Budapest reaches 95% occupancy rate
10
Oct
2024

ZenGarden in Budapest reaches 95% occupancy rate

by Property Forum
The ZenGarden office building in Budapest, managed by ConvergenCE, is close to full occupancy as of mid-September, driven by a mix of new leases and renewals.
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News SAP Hungary extends lease for 18,000 sqm in Graphisoft Park
09
Oct
2024

SAP Hungary extends lease for 18,000 sqm in Graphisoft Park

by Property Forum
SAP Hungary has recently renewed its office lease agreement for over 18,000 sqm at Graphisoft Park, where the software company has been present in the past 18 years.
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News WING has completely transformed Budapest - What are the plans for the coming years?
03
Oct
2024

WING has completely transformed Budapest - What are the plans for the coming years?

by Gergely Ditróy
Over the last two and a half decades, a lot has changed in the Hungarian real estate market. Spectacular investments have shaped the image of the capital, while the modern real estate market as we know it today has gradually emerged. The biggest players were already present in the late 90s, including WING, which is 25 years old this year. During this time, the group has undergone dynamic changes, reflected not only in its developments in Budapest but also in its presence on international markets. We talked to Noah Steinberg, CEO of WING Group and Chairman of the Supervisory Boards of Echo Investment in Poland and Bauwert in Germany, about the main challenges of the past 25 years, the strategy that has been most effective in addressing them and the plans the group has for the next 25 years.
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News Faedra Group starts new industrial projects in Budapest
23
Sep
2024

Faedra Group starts new industrial projects in Budapest

by Property Forum
Hungarian developer Faedra Group has kicked off the construction of two industrial and logistics warehouses in Budapest, covering a total of more than 21,000 sqm, following an investment of more than €23 million. 
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News Hungarian gov't considers tightening Airbnb regulation
17
Sep
2024

Hungarian gov't considers tightening Airbnb regulation

by Property Forum
"Airbnb is a housing issue, not a tourism issue, so that's not how we approach it," said Márton Nagy, Hungary's Economy Minister at a press conference on Tuesday. He stressed that they can agree with Alexandra Szentkirályi, president of Fidesz-KDNP in Budapest, who had said earlier that whatever the decision, she would propose to the government to introduce corresponding rules in Budapest and nationally.
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News Infogroup rebrands as Innovinia in expansion push
16
Sep
2024

Infogroup rebrands as Innovinia in expansion push

by Property Forum
Hungarian developer Infogroup has announced its rebranding as Innovinia as of September 16, as part of its strategy to expand abroad.
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News Wing completes mixed-use project in Budapest
27
Aug
2024

Wing completes mixed-use project in Budapest

by Property Forum
Property investment group Wing has fully completed the Liberty mixed-use project in Budapest after delivering 20,000 sqm of offices in the second phase.
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News IWG names Budapest world’s best “workcation” city in 2024
22
Aug
2024

IWG names Budapest world’s best “workcation” city in 2024

by Property Forum
Budapest has been named the best ‘workcation’ city in the world, beating competition from the likes of New York, Berlin and Singapore, according to IWG’s second Work from Anywhere Barometer.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

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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