ARTICLES LABELLED WITH TAG hungary

News - Zeitgeist Asset Management converts Prague office into student housing
03
Nov
2026

Zeitgeist Asset Management converts Prague office into student housing

by Property Forum
Zeitgeist Asset Management has begun converting the office building at Táborská 31 in Prague 4, Nusle, into a student residence with 394 beds. The company, which acquired the 1960s building in 2020, considered a change of use from the outset. The conversion is designed around a circular approach, retaining as many existing materials and structural elements as possible. The architectural concept was developed by studio arkhe D&B s.r.o., with SIS Construction a.s. serving as general contractor. Completion is expected at the end of 2027, with the first residents moving in in February 2028.
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News - NEPI Rockcastle targets €12 billion portfolio with Iberia push
03
Nov
2026

NEPI Rockcastle targets €12 billion portfolio with Iberia push

by Property Forum
NEPI Rockcastle, the owner and operator of shopping centres in Central and Eastern Europe, has outlined plans to grow its property portfolio to approximately €12–13 billion over the next five years. The company presented its investment priorities and expansion strategy at a Capital Markets Day held in Warsaw, where management met investors and industry experts to discuss the direction of retail real estate and the group's growth plans.
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News - UDI Group reaches four construction milestones across three countries
02
Nov
2026

UDI Group reaches four construction milestones across three countries

by Property Forum
Czech developer UDI Group has completed the structural phase of four residential projects across three countries: the first phase of Urban Park Brno in the Czech Republic, Parkside in Budapest, and Lastavice West and Zvezdano Brdo in Belgrade. All four projects are progressing on schedule towards handover to future residents.
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News - Shopper Park Plus welcomes Ahold Delhaize-Tesco deal
02
Nov
2026

Shopper Park Plus welcomes Ahold Delhaize-Tesco deal

by Property Forum
Shopper Park Plus has acknowledged an agreement between Ahold Delhaize and Tesco that affects eight retail parks in its portfolio, four in the Czech Republic and four in Slovakia, where Tesco currently serves as the anchor tenant.
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News - Tesco sells Czech and Slovak operations to Ahold Delhaize
30
Oct
2026

Tesco sells Czech and Slovak operations to Ahold Delhaize

by Property Forum
Tesco has agreed to sell its retail businesses in the Czech Republic and Slovakia to Ahold Delhaize at a total enterprise value of €1.7 billion (equivalent to £1.5 billion) on a cash and debt-free basis. The deal is expected to generate net cash proceeds of €1.2 billion (equivalent to £1.0 billion) before tax and other transaction costs, with completion anticipated in the second half of 2027, subject to antitrust and other regulatory approvals.
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News - GTC opens Centerpoint 3 office building in Budapest
29
Oct
2026

GTC opens Centerpoint 3 office building in Budapest

by Property Forum
GTC has officially opened Centerpoint 3, the final phase of its Centerpoint office complex in Budapest's Váci Corridor. The building adds 36,600 sqm of office, retail and service space, bringing the total area of the Centerpoint complex to more than 77,000 sqm in District 13.
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News - Lisala launches tender offer for Echo Investment shares
28
Oct
2026

Lisala launches tender offer for Echo Investment shares

by Property Forum
Lisala sp. z o.o., a vehicle fully owned by the WING Group and the majority shareholder of Echo Investment S.A., has announced a voluntary tender offer for all remaining shares of the Polish developer. The offer price is set at PLN 5.20 per share, representing a premium of 0.58% over the six-month volume-weighted average price calculated prior to the notice of intention on 2 October 2026. Subscriptions will be accepted from 30 October to 30 November 2026, with settlement expected on 7 December 2026.
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News - Wekerle Plusz launch reshapes Hungary residential market outlook
28
Oct
2026

Wekerle Plusz launch reshapes Hungary residential market outlook

by Property Forum
Hungary's Wekerle Plusz home purchase and construction loan programme launched on 28 October 2026, earlier than the 2027 start many had anticipated. The upper age limit was also revised upward to 45 years from the previously announced 41. Separately, the Otthon Start scheme will remain available only until 15 November for buyers who have already signed purchase agreements. An analysis by property portal zenga.hu examined the likely market impact of the earlier-than-expected launch.
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News - Skanska report urges decades-long thinking in real estate
27
Oct
2026

Skanska report urges decades-long thinking in real estate

by Property Forum
Skanska has published its 2026 "Shaping Sustainable Places" report, which examines how urban developments can retain their appeal, adaptability and economic viability long after construction is complete. The report argues that performance at the point of handover is no longer sufficient on its own; a project's ability to adapt to changing needs throughout its full lifecycle is equally important.
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News - Czech industrial stock tops 14 million sqm in Q3 2026
22
Oct
2026

Czech industrial stock tops 14 million sqm in Q3 2026

by Property Forum
The total stock of modern industrial space for lease in the Czech Republic reached 14.03 million sqm at the end of Q3 2026, according to figures published by the Industrial Research Forum. Some 269,900 sqm of new warehousing space was delivered across nine industrial parks during the quarter, representing a 77% increase on the previous quarter and a 95% increase year-on-year. The largest completed project was the BMW distribution centre at Ostrava Airport Multimodal Park (125,700 sqm), followed by Garbe Park Klášterec and Ohří II (35,000 sqm) and CTPark Prague North (31,100 sqm), with the latter two fully leased upon completion.
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Latest news


New leases

  • Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • 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.

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