ARTICLES LABELLED WITH TAG Hungary

Mogotel Hotel Group has opened the first Mövenpick-branded hotel in Budapest, marking a significant expansion in the Hungarian capital. 

CA Immo completed the sale of the IP West office building in Budapest. The buyer is BYD, a Chinese company that develops and manufactures rechargeable batteries, electric vehicles, rail transit systems, and other new energy technologies, as confirmed by Colliers. The agency represented the buyer in the transaction and provided project management services. The sale was also supported by CBRE and CERHA HEMPEL Rechtsanwälte.

The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.

Atenor has announced the sale of BakerStreet I, a fully leased office and retail development in Budapest's Újbuda district, to an international investor. 

Hungary’s leading proptech event, the PropTech Hungary Conference, will be held for the sixth time on May 22nd. This professional gathering brings together top experts, innovators, and decision-makers from the fields of proptech, real estate, construction, BIM, and contech for a full day of exchange and discussion. Property Forum is supporting the event as a professional partner.

Property developer Wing has successfully issued bonds worth €43.2 million, recording a double oversubscription rate. 

The Futureal Group has announced the transitioning of its entire Hungarian real estate portfolio to green energy, as part of a move aligned with the Paris Agreement and EU’s 2050 net-zero carbon emission target.

Budapest-based Shopper Park Plus (SPP) is considering a range of financing options to further its corporate development, following the successful completion of a portfolio deal in Slovakia with a 9.5% yield. 

In a market environment marked by pricing inelasticity and shifting investor sentiment, Gránit Asset Management has made a significant move with the acquisition of Equilibrium 1, a landmark office building in Bucharest. Property Forum talked to Erik Wafler MRICS, Senior Investment Manager at Gránit Asset Management, to gain deeper insight into the strategic thinking behind this transaction, the challenges of sourcing institutional-grade assets in CEE, and the company’s broader ambitions in the region

Budapest’s office market recorded a slight decrease in total demand during Q1 2025, while net take-up of space rose by almost a quarter, with vacancy rate in stable territory, according to data from the Budapest Research Forum (BRF).