ARTICLES LABELLED WITH TAG Hungary

News Wing raises over €43 million from bond sale
07
May
2025

Wing raises over €43 million from bond sale

by Property Forum
Property developer Wing has successfully issued bonds worth €43.2 million, recording a double oversubscription rate. 
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News Futureal Group fully transitions portfolio to renewable energy
05
May
2025

Futureal Group fully transitions portfolio to renewable energy

by Property Forum
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.
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News Shopper Park Plus mulls CEE expansion
29
Apr
2025

Shopper Park Plus mulls CEE expansion

by Property Forum
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. 
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News Behind the scenes of the deal of the year so far: How Bucharest made the cut
23
Apr
2025

Behind the scenes of the deal of the year so far: How Bucharest made the cut

by Property Forum
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
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News Budapest sees higher office take-up in Q1 2025
22
Apr
2025

Budapest sees higher office take-up in Q1 2025

by Property Forum
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).
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News Gestor sells business park in Budapest
22
Apr
2025

Gestor sells business park in Budapest

by Property Forum
Gestor Befektetési Zrt. has sold the SZERÉMI Business Park in Budapest in an off-market transaction – one of District 11’s flagship urban logistics and mixed-use (office and warehouse) developments.
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News Foreign property buyers return to pre-Covid levels in Hungary
22
Apr
2025

Foreign property buyers return to pre-Covid levels in Hungary

by Property Forum
Foreign demand for Hungarian residential real estate surged in 2024, marking a return to pre-Covid activity levels. According to government statistics, non-EU nationals submitted 3,647 applications to purchase property in Hungary last year — a 23% increase compared to 2023. Of these, 3,485 were approved, according to the reports of brokerage firm Duna House.
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News HelloParks expands industrial footprint near Budapest
16
Apr
2025

HelloParks expands industrial footprint near Budapest

by Property Forum
HelloParks, part of Futureal Group, has started the construction of two new industrial and logistics facilities with a combined area of 88,000 sqm in Fót and Páty, located north and west of Budapest. 
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News Drees & Sommer Hungary names new Managing Director
15
Apr
2025

Drees & Sommer Hungary names new Managing Director

by Property Forum
Drees & Sommer, the consultancy for real estate, industry, and infrastructure, has announced the appointment of Christoph Schmidt as the new Managing Director of its Hungary operations. 
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News HB Reavis renegotiates major investment loan in Hungary
07
Apr
2025

HB Reavis renegotiates major investment loan in Hungary

by Property Forum
Workspace provider HB Reavis has announced the extension of a €160 million investment loan for the next 5 years.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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