Wing and Accent Hotel Management have signed a strategic agreement to jointly operate hotel projects in Hungary. The partnership combines Wing's real estate development expertise, portfolio management experience, and capital strength with Accent's operational competencies and brand relationships.

The Otthon Start Program sparked a housing market boom in late summer and early autumn, but signs of overreaction are now visible on both buyer and seller sides.

Budapest's office market saw a robust third quarter in 2025, driven by strong demand and a significant year-on-year increase in net take-up. Despite no new office space being delivered, the market showed resilience, with notable activity on the Váci Corridor submarket, according to the Budapest Research Forum (BRF).

Skanska has leased the entire second phase of its H2Offices development project in Budapest while still under construction. Work began on the second building of the three-phase complex on Váci út in Q4 2024, with concrete structures now reaching the second floor level of the existing building. When completed, the second building will offer over 22,000 sqm of office space.

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.

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.

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.