ARTICLES LABELLED WITH TAG hungary

News - Faedra Group launches three new residential projects in Budapest
02
Jun
2026

Faedra Group launches three new residential projects in Budapest

by Property Forum
Faedra Group is expanding its presence in the Budapest residential market with three new projects. Nova City, Yara Residence, and Luna Residence will deliver nearly 250 new homes, bringing the company's total residential development pipeline above 400 units.
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News - High prices mean subsidised loans can't revive Hungary's housing market
01
Jun
2026

High prices mean subsidised loans can't revive Hungary's housing market

by Property Forum
In May 2026, 8,892 residential property sales were completed nationwide in Hungary, while mortgage contracts for housing purposes reached €253 million, according to Duna House's monthly transaction estimate and mortgage forecast.
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News - GTC delivers strong Q1 2026 growth with 7% revenue rise
01
Jun
2026

GTC delivers strong Q1 2026 growth with 7% revenue rise

by Property Forum
GTC reported rental and service revenue of €53 million in Q1 2026, up 7% from €50 million in Q1 2025, driven by 4% like-for-like growth in rental income. The increase was primarily supported by higher rents in Poland, particularly in shopping malls, as well as strong performance from properties in Sofia and Belgrade.
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News - Wing-owned company to acquire office building in Budapest from CA Immo
29
May
2026

Wing-owned company to acquire office building in Budapest from CA Immo

by Property Forum
Wing-owned Witorp Kft. has signed a share purchase agreement to acquire Capital Square, a landmark office building in the Váci út business district of Budapest.
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News - TriGranit and DRFG acquire Korzó Shopping Centre in eastern Hungary
29
May
2026

TriGranit and DRFG acquire Korzó Shopping Centre in eastern Hungary

by Property Forum
Budapest-based real estate developer TriGranit, in partnership with the DRFG Investment Group, has successfully acquired the Korzó Shopping Centre in Nyíregyháza, marking a significant expansion of its retail portfolio across CEE.  
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News - Manova Partners targets Poland for CEE property expansion
26
May
2026

Manova Partners targets Poland for CEE property expansion

by Property Forum
Manova Partners is expanding its investment activities in CEE with a focus on Poland. The international real estate investment manager currently manages a property portfolio in the region worth more than €1.4 billion.
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News - Hungary construction starts Q1 with €1.8 billion in new projects
22
May
2026

Hungary construction starts Q1 with €1.8 billion in new projects

by Property Forum
Hungary's construction sector had a mixed start to 2026, with projects worth around €1.8 billion entering construction in Q1, according to the latest EBI Construction Activity Report.
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News - Forestay Group acquires Corner6 office building in Budapest
19
May
2026

Forestay Group acquires Corner6 office building in Budapest

by Property Forum
Forestay Group has acquired the Corner6 Business Center, an A-category office building located in downtown Budapest, for an undisclosed sum. 
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News - Moxy Budapest Downtown opens as first Hungarian location
15
May
2026

Moxy Budapest Downtown opens as first Hungarian location

by Property Forum
Moxy Budapest Downtown has opened its doors in central Budapest, marking the debut of Marriott International's lifestyle brand in Hungary. The hotel is located on Kazinczy Street in one of Budapest's cultural districts.
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News - SPP Group posts €27.9 million Q1 profit on Polish acquisitions
14
May
2026

SPP Group posts €27.9 million Q1 profit on Polish acquisitions

by Property Forum
The Shopper Park Plus (SPP) Group reported an after-tax profit of €27.9 million in Q1 2026, up €17.3 million compared to the same period in 2025. Eight Polish retail parks added to the portfolio contributed €20.8 million to the Q1 results.
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Latest news


New leases

  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.
  • Speedwell has secured four new medical tenants for its Paltim mixed-use urban project in Timișoara. Colegiul Medicilor Stomatologi - Filiala Timiș has leased approximately 105 sqm, with an opening scheduled for November 2026. Concurrently, Paul Bold Dental Solutions will open a 143 sqm dental clinic in November 2026. Ophthalmology clinic ArtVision Med & Sofilens Lux has occupied 172 sqm since January 2026. Lastly, Ziva, a dermatology, aesthetics, and gynaecology clinic, has taken 92 sqm and will officially open in July 2026.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.

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