ARTICLES LABELLED WITH TAG Hungary

News - Wing buys major development site in Budapest from GTC
03
Nov
2025

Wing buys major development site in Budapest from GTC

by Property Forum
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.
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News - Hungary's Duna House enters Dubai property market
30
Oct
2025

Hungary's Duna House enters Dubai property market

by Property Forum
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.
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News - Danubius Hotels appoints new Business Development Director
28
Oct
2025

Danubius Hotels appoints new Business Development Director

by Property Forum
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.
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News - GTC appoints new CEO to drive next strategic phase
28
Oct
2025

GTC appoints new CEO to drive next strategic phase

by Property Forum
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.
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News - Investor picks up historic building in Budapest
27
Oct
2025

Investor picks up historic building in Budapest

by Property Forum
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. 
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News - Futureal secures €165 million refinancing for Etele Plaza
27
Oct
2025

Futureal secures €165 million refinancing for Etele Plaza

by Property Forum
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.
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News - CPI Hungary builds new retail park in Salgótarján
22
Oct
2025

CPI Hungary builds new retail park in Salgótarján

by Property Forum
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.
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News - iLogistic expands to 15,500 sqm in CTPark Budapest West
21
Oct
2025

iLogistic expands to 15,500 sqm in CTPark Budapest West

by Property Forum
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.
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News - Retail parks prove as dynamic and resilient real estate format
20
Oct
2025

Retail parks prove as dynamic and resilient real estate format

by Property Forum
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.
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News - Wing and Accent form strategic hotel partnership in Hungary
20
Oct
2025

Wing and Accent form strategic hotel partnership in Hungary

by Property Forum
Wing and Accent Hotel Management have signed a strategic agreement to jointly operate hotel projects in Hungary. The partnership combines Wing's real estate development expertise, portfolio management experience, and capital strength with Accent's operational competencies and brand relationships.
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Latest news


New leases

  • Kanał Sportowy, one of Poland’s leading sports media platforms, and Zdrofit, the country’s largest fitness club chain, will continue their presence at Konstruktorska Business Center in Warsaw. Kanał Sportowy will maintain its lease of 512 sqm, while Zdrofit will continue to occupy 1,000 sqm.
  • Expur has leased 940 sqm for its new offices in Business Garden Bucharest, owned by Vastint Romania. The deal was brokered by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
  • GTX Romania has leased 2,700 sqm in VLParks Bucharest West, in a deal brokered by iO Partners.

New appointments

  • The majority shareholder of CA Immobilien Anlagen AG, SOF-11 Klimt CAI S.à.r.l., has appointed Barry Sternlicht to the Supervisory Board using its delegation rights under the registered shares held. Mr. Sternlicht, Chairman and CEO of Starwood Capital Group, follows David Smith, who has been recalled from his mandate.
  • Artur Apostoł joins Griffin Capital Partners as Co-Managing Partner to lead the company’s real estate activities together with Marek Obuchowicz, who has been promoted to Co-Managing Partner. Artur and Marek are taking over responsibilities from Piotr Fijołek, who transitions from an active role and will continue supporting the firm as Senior Advisor. These appointments mark the completion of a leadership transformation aligned with the company’s dynamic growth and long-term strategy.
  • CBRE Hungary has named Anna Zhang as Business Development Manager, while Antoine Fromental takes on the role of Hotel Investment Analyst. Zhang is tasked with developing partnerships with Far Eastern clients and strengthening business relations in CEE markets. She previously served on the PwC Hungary China Desk team. Fromental joins the firm after roles at B&B Hotels and Cushman & Wakefield, where he contributed to various European hotel development, valuation, and market research projects.

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