ARTICLES LABELLED WITH TAG hungary
18
Nov
2024
Nov
2024
Property investments in Romania soar to €655 million over nine months
Romania’s property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
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12
Nov
2024
Nov
2024
Started construction projects in Hungary fall on nine months
Value of started construction projects in Hungary fell almost 17% down year-on-year in the first nine months of 2024, accounting for around HUF 1800 billion, according to EBI Construction Activity Report Hungary.
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12
Nov
2024
Nov
2024
Living delivers first phase of green resi project in Budapest
Hungarian developer Living has delivered the first phase of the 165-unit Le Jardin residential park in Rozsnyay utca, District 13 of Budapest.
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22
Oct
2024
Oct
2024
Industrial take-up in Hungary slightly grows by Q3 2024
Total demand for industrial spaces in Hungary fell 11.5% to 483,000 sqm in the first three quarters versus the same period of last year. Net take-up, meanwhile, was up 3% to 384,980 sqm in the same interval, according to the Budapest Research Forum (BRF).
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22
Oct
2024
Oct
2024
Living secures funding for resi project in Budapest
Living, Wing’s residential development arm, has secured a financing worth HUF 12 billion from Erste Bank for the construction of the Római Park residential project in Buda. Construction works started last August, with completion expected in 2026.
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22
Oct
2024
Oct
2024
IWG opens first Regus offices in Debrecen
IWG has opened in Debrecen the first phase of its flexible offices under the Regus brand. Regus Debrecen spans 600 sqm and will double in size once the second phase is completed.
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17
Oct
2024
Oct
2024
IWG opens new Regus office in Budapest
IWG has announced the opening of a new flexible workspace project in Budapest under the Regus brand in partnership with Proform Ingatlanbefektetési Zrt.
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17
Oct
2024
Oct
2024
Wing fully delivers residential project in Budapest
Living, Wing’s residential development arm, has completed Kassák Terrace, the third phase of Kassák Project in District 13 of Budapest, featuring 246 apartments.
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14
Oct
2024
Oct
2024
Atenor rolls out repositioning of Olympia offices in Budapest
Atenor has started to implement a rebranding of its Budapest-based office complex Olympia, formerly known as Aréna Business Campus, in a bid to accommodate new workplace trends, such as remote work and hybrid schedules.
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14
Oct
2024
Oct
2024
Forestay Group to deliver Moxy Budapest hotel in early 2026
Forestay Group has hosted a traditional groundbreaking ceremony for its latest development, the Marriott Moxy Budapest, which will be the first hotel under this brand in Hungary.
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Latest news
- Hasco opens €18 million automated pharma centre near Łódź
- Long-term thinking is becoming real estate’s biggest advantage
- Jakob Sonne Resort brings architect-led branded residences concept to Poiana Brașov
- Hungary construction starts Q1 with €1.8 billion in new projects
- MAS sells Romanian and Bulgarian retail projects for net €251 million
- Big Poland opens retail park in Dzierżoniów
- Urbano Group opens first phase of retail park near Cluj
- Prague office market rebounds with 81% construction surge
- Pre-lease deals drive Bucharest office market recovery
- Passerinvest to complete Prague mixed-use project in Q4 2026
New leases
- Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
- Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
- Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.
New appointments
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
- Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
- Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.
