ARTICLES LABELLED WITH TAG hungary
13
Feb
2023
Feb
2023
This can be a great year to purchase higher-yielding assets
Investors are not in a hurry to buy assets yet, assuming those assets may become cheaper as holders are in trouble. Property Forum asked Kristóf Bárány, Founding Partner of fund management company Adventum Group about their preferences in Hungary and the broader region.
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09
Feb
2023
Feb
2023
Skanska opens first phase of H2Offices complex in Budapest
Skanska has opened the 27,000 sqm first phase of the H2Offices complex on Budapest's Váci Road office corridor. Construction of the second phase may start in H2 2023, with the third and final to be handed over in 2026 or 2027.
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07
Feb
2023
Feb
2023
Hungary's Futureal Group to merge two large units
Futureal Development and Futureal Investment Partners will join their efforts to increase green investments in a pan-European platform.
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07
Feb
2023
Feb
2023
Biggest virtual film studio in CEE to be built near Budapest
The new facility in the HelloParks Fót industrial and logistics centre will serve the needs of the global film industry, investor Virtual Europe Group (VEG) reports.
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07
Feb
2023
Feb
2023
Huge plot changes hands in Budapest's suburbs
Prime residential developments will start in this 13-hectare territory in Pilisborosjenő, 7 km northwest of the capital. OC Investment Solutions assisted with the deal, portfolio.hu reports.
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03
Feb
2023
Feb
2023
Budapest Airport to continue development projects in 2023
The airport operator company (BA) recovered 75% of its pre-COVID passenger traffic, now extends its cargo complex and prepares for a new terminal building.
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02
Feb
2023
Feb
2023
Residential markets in CEE need further state push to recover
There are several factors which put a break on the revival of the housing markets. Property Forum asked Guy Dymschiz, Co-Founder and Co-CEO of Duna House Group, active in Hungary and Poland, about the necessary steps from the states and the developers to overcome the mounting difficulties.
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01
Feb
2023
Feb
2023
eMAG gets funding for logistics hub near Budapest
Romanian e-commerce player eMAG has secured a financing of around €70 million from Alpha Bank for the development of a logistics hub near Budapest.
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31
Jan
2023
Jan
2023
Office vacancy rises again in Budapest
The office vacancy rate in Budapest increased to 11.3%, representing a 0.3 pps increase quarter-on-quarter and a 2.1 pps increase year-on-year. Net absorption has remained positive by the end of the fourth quarter, amounting to 53,480 sqm and reaching 158,510 sqm year-to-date, the Budapest Research Forum (BRF) reports.
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31
Jan
2023
Jan
2023
GTC to spare energy in Budapest office building
The development firm has invested in the technical modernization of its buildings and reassured "BREEAM in Use" accreditation for the Váci Greens D complex.
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Latest news
- CPI Romania ends 2025 with 280,000 sqm of offices in Bucharest
- Veranda Mall secures €36 million refinancing from CEC Bank
- Win a CEE Property Forum ticket by participating in our survey!
- CTP leases record 2.33 million sqm last year
- Eli secures €136 million financing for Polish industrial portfolio
- Czech transaction pipeline at €3 billion in early 2026
- aSpace sees 85% occupancy for Bucharest flex offices in 2025
- Redkom Development starts retail park project near Warsaw
- Nepi Rockcastle posts net operating income hike of 11% in 2025
- NEPI Rockcastle expects strong retail growth and plans further expansion in 2026
New leases
- Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
- mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
- GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
New appointments
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
- CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.
