ARTICLES LABELLED WITH TAG Hungary

Prime Holdings Group has completed the sale of its Łódź 1 project in Poland and the Science Park office complex in Budapest, Hungary. The combined transaction value exceeds €60 million.

Wing Group has signed an agreement with GTC to purchase a development site at 173-177 Váci Road in Budapest, covering more than 2.1 hectares. The company plans to build approximately 470 apartments and a 23,000 sqm office building as part of a mixed-use project on Hungary's largest office market area.

Duna House has reached another milestone in its international expansion, making Dubai's property market accessible to Hungarian and Central European clients for both investment and personal purchases.

From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. His responsibilities will include the strategic and operational management of the group's expansion projects. He has more than twenty years of experience in hotel sales, asset management, and business development.

Globe Trade Centre has announced that its Supervisory Board has appointed Botond Rencz as President of the Management Board (Chief Executive Officer), succeeding Małgorzata Czaplicka, who led the company during the bond refinancing process and will continue to provide advisory support to the Chairman of the Supervisory Board on strategic matters. The new CEO will focus on strengthening collaboration across GTC's regional teams, completing the company's planned refinancings and divestments, and driving execution of the new mid-term financial plan to ensure stability, efficiency and long-term value creation.

A key national property in Budapest has been acquired by Eagle Hills, the Abu Dhabi-based developer. The purchase of the former interior ministry palace was confirmed by Hungarian media outlet Telex on 25 October 2025. 

Futureal, owner of the Etele Plaza shopping centre in Budapest, has signed a €165 million loan agreement with a consortium comprising Erste Bank Hungary, Erste Group Bank and UniCredit Bank Hungary. The refinancing extends the loan maturity to 2035.

Construction has begun on the region's newest Stop Shop retail park in the city centre of Salgótarján, Hungary. The project is developed by CPI Hungary.

iLogistic, a fulfilment solutions company, signed a long-term lease for an additional 5,000 sqm at CTPark Budapest West in Biatorbagy in September. The company now operates across 15,500 sqm, representing a thirty-fold increase since launching in the park with just 500 sqm in 2018.

CEE economies have been delivering solid GDP growth, outpacing many Western European peers despite external trade uncertainties and recent inflationary pressures, according to Colliers' latest report.