ARTICLES LABELLED WITH TAG hungary

News - Best countries for long-term property investment revealed
07
Nov
2022

Best countries for long-term property investment revealed

by Property Forum
Lithuania was found to have the best record, Hungary came second and Iceland third. Altogether 34 countries were ranked by the Australian home loan comparison site, Compare the Market.
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News - Hungary's MNB warns of mounting risks for CRE
05
Nov
2022

Hungary's MNB warns of mounting risks for CRE

by Property Forum
Rising energy prices and construction costs, the volatility and depreciation of the forint against the euro, rising interest rates and tightening financing conditions all represent challenges for the actors over the short term, the Hungarian National Bank (MNB) states in its fresh outlook. 
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News - Jysk opens 143,000 sqm distribution centre in Hungary
04
Nov
2022

Jysk opens 143,000 sqm distribution centre in Hungary

by Property Forum
The 143,000 sqm logistics facility of the Danish furniture retailer will serve more than 200 retail units in Hungary, Slovakia, Croatia and Slovenia. Online sales will be managed also from this centre. The complex was built by the Hungarian construction company Market Group.
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News - House prices keep increasing  in Hungary
03
Nov
2022

House prices keep increasing in Hungary

by Property Forum
In the first quarter, second-hand home prices increased by 8.9%, and new ones by 6.6%. As for the second quarter, the figures were 6.3% and 3.3%, respectively, the Central Statistics Office reports. 
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News - Demand for HQ-type offices is on the rise to save money
03
Nov
2022

Demand for HQ-type offices is on the rise to save money

by Property Forum
We can see more interest coming from government entities to rent office space in modern office buildings in CEE. We also see large companies centralising their office spaces in a single building. Property Forum asked Tomasz Lisiecki, CEO of TriGranit about his assessment of these trends.
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News - Hungarian housing market shows further decline in October 
02
Nov
2022

Hungarian housing market shows further decline in October 

by Property Forum
There were only 8,326 residential transactions closed in Hungary in October 2022 which is the lowest figure for the month since 2012, brokerage firm Duna House reports.
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News - British Telecom to relocate office staff in Debrecen
28
Oct
2022

British Telecom to relocate office staff in Debrecen

by Property Forum
Around 500 colleagues based in Hungary’s second-biggest city will move to the new location, state-of-the-art Forest Offices in 2023.
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News - Wing hands over two new industrial halls near Budapest
27
Oct
2022

Wing hands over two new industrial halls near Budapest

by Property Forum
Phase 1 of the East Gate Pro Business Park has been completed. Nearly 75% of the available space had been leased.
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News - Living starts first residential project in Buda
25
Oct
2022

Living starts first residential project in Buda

by Property Forum
Construction of the Római Part residential park by Hungarian developer WING’s umbrella brand Living is already underway just off the riverbank of the Danube in Budapest. The 257-unit complex is the closest residential development of this size to the river.
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News - Buda Bright complex reaches highest point in Budapest
25
Oct
2022

Buda Bright complex reaches highest point in Budapest

by Property Forum
Indotek Group’s first large-scale residential project in Budapest, Buda Bright, was launched in March 2021 and is planned to be handed over at the end of next year. 
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Latest news


New leases

  • Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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