ARTICLES LABELLED WITH TAG budapest
07
Apr
2025
Apr
2025
HB Reavis renegotiates major investment loan in Hungary
Workspace provider HB Reavis has announced the extension of a €160 million investment loan for the next 5 years.
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02
Apr
2025
Apr
2025
IWG aims to reach 25 centres in Hungary by year-end
IWG, the provider of hybrid work spaces, aims to reach 25 centres in Hungary by the end of this year.
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24
Mar
2025
Mar
2025
iO Partners Hungary facilitates office building sale in Budapest
iO Partners Hungary successfully advised on the sale of a nearly fully leased office building in Budapest’s Váci Corridor.
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10
Mar
2025
Mar
2025
Erste fund buys two warehouses in Hungary
The Erste Open-Ended Real Estate Investment Fund has acquired two HelloParks warehouses from Futureal Group, in Hungary, in a transaction that marks the largest industrial real estate deal on the local market in the past decade.
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10
Mar
2025
Mar
2025
IWG opens new Regus centre near Budapest
IWG has opened a new Regus centre in Szentendre, in the suburbs of Budapest, as part of its ongoing expansion in Hungary.
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03
Mar
2025
Mar
2025
Futureal closes near 10,000 sqm in lease deals across Budapest
Futureal has announced the attraction of new tenants at its Budapest ONE and Corvin Innovation Campus office developments. The two complexes have collectively leased nearly 10,000 sqm of office space, bringing Budapest ONE to 98% occupancy and Corvin Innovation Campus to 86%.
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06
Feb
2025
Feb
2025
Hungarian gov't backs out of "Maxi Dubai" project in Budapest
The Hungarian government has recognised that Budapest’s municipally owned company exercised its pre-emption right over the Rákosrendező plot. Therefore, the megaproject by UAE-based Eagle Hills Group, dubbed "Maxi Dubai" in the local media, is effectively cancelled.
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04
Feb
2025
Feb
2025
GTC & Numa Group launch first project in Hungary
Digital hospitality platform Numa Group and GTC have announced their launch in Hungary with a flagship property in central Budapest.
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28
Jan
2025
Jan
2025
Cordia aims to complete over 1,000 apartments in Budapest this year
Hungarian developer Cordia plans to add over 1,000 apartments this year, in Budapest, with three-quarters of this supply hitting the market in the first quarter alone. This expansion will increase the availability of new homes in the city by 20% compared to the end-of-year stock.
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23
Jan
2025
Jan
2025
Forestay Group & Recorde buy office building in Budapest
Forestay Group and Recorde Asset Management have purchased a 10,200 sqm office building in central Budapest from Generali Real Estate for an undisclosed sum.
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Latest news
- Concordia Partners secures €14.5 million for Bucharest resi project
- What happened in CEE real estate this week?
- Impact Group posts 34% profit gain in 2025
- Prague office market faces supply crunch in 2026
- Rohlig Suus expands to 48,000 sqm at Eli Warsaw Airport
- Romanian hotel industry hits record stays in 2025
- Regional retail centres lead Romania's property investment in 2025
- Stoneweg secures 17,000 sqm of Czech industrial leases
- CPI Romania ends 2025 with 280,000 sqm of offices in Bucharest
- Veranda Mall secures €36 million refinancing from CEC Bank
New leases
- Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
- mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
- GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
New appointments
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
- CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.
