The Hungarian property market experienced a significant turnaround this year, characterised by diverse buyer preferences. Investors, panel apartment seekers, and family house buyers were all active, though not simultaneously. According to data from property portal zenga.hu, interest levels in 2025 showed major fluctuations across property types, conditions, and sizes.

In a video interview recorded at CEE Property Forum in Vienna, Dániel Ódor MRICS, Partner at Taylor Wessing Hungary, shares his expectations for real estate transactions in the year ahead, discusses the balance between international and regional investors in Hungary, and reflects on residential development, PRS, and the regulatory changes shaping the market.

An international electronics manufacturer has signed a long-term lease agreement for 26,000 sqm at CTPark Komárom, expanding its production capacity and logistics operations in Hungary.

Property price increases in Budapest moderated in November, with annual growth dropping by one percentage point according to data from property portal zenga.hu. While the capital experienced stronger activity in the first wave of this year's property boom, demand has shifted towards the agglomeration in the second half of the year.

The value of projects entering construction in July-September 2025 exceeded HUF 1,000 billion at current prices, the second highest level in the past ten years, according to the latest EBI Construction Activity Report Hungary.

GTC reported rental revenues of €152 million in the first nine months of 2025, up 9% from €139 million in the same period of 2024. The increase followed the acquisition of a residential portfolio in Germany, which contributed €18 million, partially offset by a €4 million decrease after the sale of the GTC X and Matrix C properties.

Living, Wing's residential development brand, has announced a new project that will feature 48 apartments, across five villa-style buildings, which is expected to complete in Q4 2027.

Shopper Park Plus Nyrt has successfully closed its Secondary Public Offering on the Budapest Stock Exchange, raising more than €100 million in what marks the largest IPO/SPO the exchange has witnessed in 28 years. The transaction was oversubscribed due to strong investor demand.

Confidence is returning across CEE real estate markets, with investor sentiment shifting from cautious optimism to execution, according to Colliers. The region continues to demonstrate resilience, supported by moderating inflation, solid household consumption, and strong employment levels.

Panattoni has handed over a new logistics centre in Üllő, developed for one of Hungary's leading drugstore chains. The facility features advanced technological solutions and marks Panattoni Hungary's fourth completed development and second joint project with OTP Real Estate Investment Fund. The approximately 32,000 sqm logistics centre was delivered within a comprehensive development framework and is expected to begin operations in Q2 2026.