ARTICLES LABELLED WITH TAG Hungary

News Biggeorge Property makes land purchase in Budapest
07
Jan
2025

Biggeorge Property makes land purchase in Budapest

by Property Forum
Hungarian developer and investor Biggeorge Property Plc has purchased a 35,000 sqm development land plot in Budapest, from ECE, for an undisclosed sum.
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News CEE's share in European property investment volume grows in 2024
07
Jan
2025

CEE's share in European property investment volume grows in 2024

by Property Forum
Property investments in CEE have accounted for 6% of the total volume recorded across Europe, during 2024, to around €7.7 billion, according to estimates by Cushman & Wakefield.
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News B+N Group makes strategic purchase in Germany
18
Dec
2024

B+N Group makes strategic purchase in Germany

by Property Forum
B+N Referencia Zrt., present in eight CEE-based markets, has signed an agreement to acquire a controlling stake in Koberl Group, the leading facility management and building services provider in Germany. The transaction is expected to close in Q1 2025. 
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News Kálvin Square office in Budapest reaches near 100% occupancy
17
Dec
2024

Kálvin Square office in Budapest reaches near 100% occupancy

by Property Forum
Kálvin Square office building, managed by ConvergenCE, has achieved a near-record 99 percent lease occupancy.
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News Gránit Asset Management buys historical building in central Budapest
17
Dec
2024

Gránit Asset Management buys historical building in central Budapest

by Property Forum
Gránit Asset Management has completed the purchase of the historical Exchange Palace building in Budapest, from private investors, for an undisclosed sum.
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News Skanska starts new office development in Budapest
17
Dec
2024

Skanska starts new office development in Budapest

by Property Forum
Skanska has started the development of the second office building of the H2Offices complex in Budapest.
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News Indotek Group takes control of Auchan Hungary
05
Dec
2024

Indotek Group takes control of Auchan Hungary

by Property Forum
Hungary's Indotek Group completed the acquisition of a stake in Auchan's domestic hypermarket business over the weekend. In addition to the 47% stake in the retailer, the real estate investor will also take over the operational management of the Auchan chain. The competition authority has already approved the acquisition, Indotek said.
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News Czech UDI Group enters another foreign market
03
Dec
2024

Czech UDI Group enters another foreign market

by Property Forum
UDI Group is starting construction in another European market, Hungary after the new year. The mixed-use Parkside project in Budapest is planned near Váci Road with apartments and a hotel for medium and long-term accommodation.
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News CTP delivers 100,000 sqm logistics centre for Tesco in Hungary
28
Nov
2024

CTP delivers 100,000 sqm logistics centre for Tesco in Hungary

by Property Forum
Industrial developer CTP has handed over a new 100,000 sqm logistics centre in Hungary to British retailer Tesco.
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News German investor buys office building in Budapest
25
Nov
2024

German investor buys office building in Budapest

by Property Forum
Wing has announced the sale of the Honvéd Center office buildings in the Central Business District of Budapest to Greve Honvéd Kft, a subsidiary of Hamburg-based Greve Group, for an undisclosed amount.
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Latest news


New leases

  • CTP has signed a new lease agreement with long-term client Raben Romania, which has taken 1,800 sqm at CTPark Brașov West.
  • Another fast-growing Polish company has picked Metropolitan Warsaw for its headquarters. Rock Capital, a leading retail park developer and investor in Poland, now occupies modern office space overlooking the Grand Theater and Moliera Street. The Rock Capital's new headquarters, designed by BIT CREATIVE studio and its founder Barnaba Grzelecki, spans 460 sqm of premium office space on the first floor.
  • The largest retail chain in Poland offering RTV/AGD equipment has leased over 4,200 sq m of modern space in the MLP Poznań logistics centre. Media Expert will start operating in the new location in July 2025. The company was advised by Cushman & Wakefield in the leasing process

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.

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