ARTICLES LABELLED WITH TAG Hungary

News HGL expands by 10,000 sqm in HelloParks Maglód
01
Jul
2025

HGL expands by 10,000 sqm in HelloParks Maglód

by Property Forum
HGL, the logistics service provider, has significantly increased its operational footprint at HelloParks’ Maglód megapark, adding another 10,000 sqm of warehouse space.
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News Office building in Budapest to be converted into residential units
30
Jun
2025

Office building in Budapest to be converted into residential units

by Property Forum
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.
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News CPI Europe completes over €165 million in asset disposals
27
Jun
2025

CPI Europe completes over €165 million in asset disposals

by Property Forum
CPI Europe has sold assets exceeding €165 million as part of its strategy to divest lower-yielding or non-strategic assets.
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News Futureal Energy launches international expansion under new brand
27
Jun
2025

Futureal Energy launches international expansion under new brand

by Property Forum
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.
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News CPI Europe sells Budapest Marriott Hotel to Hungarian investors
25
Jun
2025

CPI Europe sells Budapest Marriott Hotel to Hungarian investors

by Property Forum
The iconic Budapest Marriott Hotel, a landmark on the Danube River, has been acquired by a Hungarian consortium comprising BDPST Group and Diorit Private Equity Fund, managed by Gránit Asset Management, for an undisclosed sum.
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News Hotel Budapest (Körszálló) set for major transformation despite controversy
18
Jun
2025

Hotel Budapest (Körszálló) set for major transformation despite controversy

by Property Forum
The iconic 1967-built Hotel Budapest — locally known as Körszálló (meaning 'circle hotel') — has officially received demolition and construction permits for a near-complete rebuild. Most of the cylindrical tower and interior will be taken down and reconstructed to house around 50 luxury apartments, along with wellness facilities, restaurants, offices, and public amenities, 24.hu reports.
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News CEE industrial market becomes more selective and data-driven
17
Jun
2025

CEE industrial market becomes more selective and data-driven

by Property Forum
The industrial real estate market in CEE has entered 2025 with strong momentum. According to new market data released by iO Partners, the total stock of industrial space has reached 34.4 million sqm in Q1 2025, marking a 1.1% quarter-on-quarter increase. 
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News Hungarian gov’t proposes much stricter regulations on large retail developments
12
Jun
2025

Hungarian gov’t proposes much stricter regulations on large retail developments

by Property Forum
The Hungarian government has submitted for public consultation a proposal to amend the regulation commonly referred to as the “mall stop” (Government Decree No. 143/2018 (VIII.13.)), which governs the operation of commercial units larger than 400 sqm. The consultation period closed on 10 June. Legal experts from international law firm Taylor Wessing have analysed the potential implications of the proposed changes.
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News Second Tribe hotel launches in Hungary
10
Jun
2025

Second Tribe hotel launches in Hungary

by Property Forum
Tribe, part of the Accor hospitality group, opened in mid-May its second hotel in Hungary, near the Budapest airport.
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News GTC makes major change in leadership
02
Jun
2025

GTC makes major change in leadership

by Property Forum
As of 28 May 2025, Małgorzata Czaplicka has been appointed President of the Management Board of GTC S.A. She takes over from Gyula Nagy, who served as President of the Management Board since August 2023.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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