ARTICLES LABELLED WITH TAG Hungary

The industrial market in Greater Budapest saw higher demand during Q2 2025, reaching 201,680 sqm, a 7% year-on-year rise, according to the Budapest Research Forum.

The Radisson Collection luxury brand has made its debut in Hungary with the opening of the Radisson Collection Hotel, Basilica Budapest. 

Budapest's office market recorded a notable decrease in its vacancy rate during Q2 2025, reaching 12.8%. This marks a 1.29 percentage point drop from the previous quarter and a 1.18 percentage point decrease year-on-year, according to the Budapest Research Forum (BRF). Net absorption also turned positive, reaching 57,000 sqm.

Residential developer Living has announced the launch of sales for Park West Rise, the fourth and final phase of its Park West residential park. 

Scope Ratings has revised Futureal’s outlook to Stable, affirming the BB- issuer ratings for Futureal Development Holding Kft. and Futureal Holding B.V.

Hungarian Prime Minister Viktor Orbán has announced a new 3% subsidised loan scheme for first-time home buyers. While the government frames it as a major step towards affordable housing, critics warn it may further fuel price increases without addressing underlying supply issues.

HGL, the logistics service provider, has significantly increased its operational footprint at HelloParks’ Maglód megapark, adding another 10,000 sqm of warehouse space.

According to epiteszforum.hu, Futureal Group’s residential developer arm Cordia will convert the next, currently shell-stage phase of the Corvin Innovation Campus office complex into a residential building. Designed by Radius B+S Architects, the eight-storey building will house more than 200 apartments, some featuring ceiling heights over 3 metres, thanks to the existing structural design. The project will also include a three-level underground garage, 400 sqm of communal space for residents, and a 160 sqm rooftop terrace exclusively for residents.

CPI Europe has sold assets exceeding €165 million as part of its strategy to divest lower-yielding or non-strategic assets.

Futureal Group’s energy division has entered international markets under the newly established brand Futureal Energy Partners. The move marks a significant step in the company’s strategy to broaden its presence in renewable energy investment and electricity trading across Europe.