ARTICLES LABELLED WITH TAG Hungary

By 2025, more than a third of the energy consumed by properties managed by Granit Asset Management will be sourced from renewable energy. The cooperation between Grandum Property Management and Parkl has resulted in the implementation of energy efficiency solutions alongside a smart parking and mobility system for tenants at the Alkotás Point office building.

Wing has acquired a 10,900 sqm development site in Debrecen through its residential brand Living. The company plans to build around 400 modern, energy-efficient apartments in several phases in Hungary's second-largest city. This marks Living's first residential development outside of Budapest, addressing strong demand in the local real estate market.

Romania's hospitality industry recorded a 19% increase in turnover in the first half of 2025, the third largest advance in the European Union after Greece (35%) and Hungary (22%), according to Eurostat data cited by Colliers. Rising room rates have pushed local pricing into line with established CEE markets such as Poland and the Czech Republic, even though the number of overnight stays in hotels almost stagnated, with an increase of less than 4%.

GTC has priced €455 million senior secured notes due 2030 with a coupon of 6.50% per annum. The transaction was oversubscribed and attracted international institutional investors and Polish funds, including both existing noteholders and new investors.

CA Immo has sold the Bartok Haz office building in central Budapest to an institutional investor, marking the company's second property sale in the city in 2025.

The Duna House Group's monthly transaction estimate and mortgage forecast shows that 13,426 residential properties changed hands nationwide in Hungary in September 2025, with residential mortgage contracts reaching €106 million.

Recorde Asset Management, in partnership with Chapel Hill Capital, has acquired Science Park, a 30,700 sqm office complex in Budapest's 11th District. The transaction represents one of Hungary's largest office deals this year.

DRFG Investment Group has completed its first commercial property acquisition in Hungary by purchasing the Bartók Ház office building from CA Immo. Located in central Budapest, the property offers more than 17,600 sqm of leasable space. The transaction is part of the group's strategy to expand its real estate portfolio across Central and Eastern Europe.

Two hotel developments by Wing, the Ibis & Tribe Budapest Stadium Hotel and the Tribe Budapest Airport Hotel, have obtained BREEAM certification. The dual-branded Stadium Hotel is the first hotel in Hungary to achieve the highest rating, the BREEAM In-Use "Outstanding" category, joining only four hotels worldwide that hold this top-level sustainability certification.

Forestay Group and its financial partner Recorde Asset Management have signed an agreement with Marriott International to open a dual-branded hotel development in Budapest, featuring a Moxy Hotel and Residence Inn by Marriott under one roof.