ARTICLES LABELLED WITH TAG budapest
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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07
Jan
2025
Jan
2025
Biggeorge Property makes land purchase in Budapest
Hungarian developer and investor Biggeorge Property Plc has purchased a 35,000 sqm development land plot in Budapest, from ECE, for an undisclosed sum.
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17
Dec
2024
Dec
2024
Kálvin Square office in Budapest reaches near 100% occupancy
Kálvin Square office building, managed by ConvergenCE, has achieved a near-record 99 percent lease occupancy.
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Latest news
- Alides and Revive sell Imperial Shipyard site to Develia
- Logicor reaches full occupancy at Alligator Park in Budaörs
- Fiege expands 21,000 sqm across three Panattoni parks
- Optimism prevails in CEE real estate as geopolitical risk looms large
- Property Forum appoints Irina Gasson as Chief Growth Officer to accelerate European expansion
- Hungary's residential market surges 32% in March
- Genesis Property gets green certification for Yunity Park building in Bucharest
- Arete sells Slovak industrial park to Erste fund
- ULI Poland invites market to conference on new balance of forces shaping real estate
- How is agentic AI turning into real estate’s new operating advantage
New leases
- Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
- Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
- Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.
New appointments
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
