ARTICLES LABELLED WITH TAG budapest
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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23
Jan
2025
Jan
2025
Gránit Asset Management joins Hungary's Golden Visa Program
Gránit Asset Management has been added to the Constitution Protection Office's list of qualified market operators, thus enabling its participation in the investor visa program aimed at modernizing and improving the quality of Hungary's real estate stock.
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21
Jan
2025
Jan
2025
Budapest office demand up 8% in 2024
Total office demand in Budapest rose by 8% year-on-year to 502,150 sqm during 2024, according to data from the Budapest Research Forum (BRF).
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13
Jan
2025
Jan
2025
UDI Group kicks off first resi project in Budapest
Czech real estate developer Urban Developers and Investors Ltd. Group (UDI Group) is making its first investment in Hungary, in a Budapest-based residential project.
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Latest news
- iwis reaches 11,000 sqm in CTPark Oradea City
- EQT secures €214 million loan from pbb for logistics portfolio
- CPI Europe sells historic Prague building
- Yareal starts final phase of Soho mixed-use scheme in Warsaw
- Sekyra Group starts new resi phase of mixed-use scheme in Prague
- Ljubljana outpaces SEE peers in office absorption growth for Q1 2026
- Poland spearheads urban regeneration projects in region, says ULI report
- One United Properties plans mixed-use scheme in Iași
- BPI Real Estate Poland and Speedwell start large-scale resi project in Gdańsk
- Intrade Group to kick off new resi development in Bratislava this year
New leases
- Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
- American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
- Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.
New appointments
- Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
