ARTICLES LABELLED WITH TAG hungary

News - New shopping centre to open in Budapest today
16
Oct
2025

New shopping centre to open in Budapest today

by Property Forum
Zenit Corso, a new community center in Budapest's Zuglo district, is scheduled to open its doors on October 16. Located behind Bosnyak Square, the development functions not only as a shopping centre but also as a modern urban promenade, featuring stores from numerous well-known brands.
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News - Living completes third phase of resi project in Budapest
15
Oct
2025

Living completes third phase of resi project in Budapest

by Property Forum
Living has completed the third phase of its Park West residential project in Budapest's District 13, with the final use permit now issued for the 230-unit development. The project, located in the Ferdinand Quarter on Szabolcs utca, benefits from brownfield status allowing buyers to reclaim 5% VAT.
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News - Granit Asset Management hits 35% renewable energy target in portfolio
13
Oct
2025

Granit Asset Management hits 35% renewable energy target in portfolio

by Property Forum
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.
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News - Living expands to Debrecen with 400-apartment project
13
Oct
2025

Living expands to Debrecen with 400-apartment project

by Property Forum
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.
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News - Romania's hotel industry posts third-highest EU growth
07
Oct
2025

Romania's hotel industry posts third-highest EU growth

by Property Forum
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%.
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News - GTC prices €455 million notes to refinance debt
06
Oct
2025

GTC prices €455 million notes to refinance debt

by Property Forum
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.
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News - CA Immo sells Budapest office building
02
Oct
2025

CA Immo sells Budapest office building

by Property Forum
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.
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News - Hungarian housing market hits 2022 levels in September
01
Oct
2025

Hungarian housing market hits 2022 levels in September

by Property Forum
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.
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News - Recorde buys 30,700 sqm Budapest office complex
01
Oct
2025

Recorde buys 30,700 sqm Budapest office complex

by Property Forum
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.
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News - DRFG enters Hungarian market
01
Oct
2025

DRFG enters Hungarian market

by Property Forum
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.
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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