ARTICLES LABELLED WITH TAG Hungary

News Panattoni to build large BTS logistics centre in Budapest
05
Dec
2023

Panattoni to build large BTS logistics centre in Budapest

by Property Forum
The Hungarian subsidiary of Panattoni Group has agreed to build a 32,000 sqm logistics centre for a large retail operator in a BTS project. The new facility will be built in the suburbs of Budapest and is scheduled to open in September 2025.
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News Hungary's industrial market favours BTS developments
01
Dec
2023

Hungary's industrial market favours BTS developments

by Property Forum
Apart from the Northeastern part of Hungary, home of many developments of Infogroup, Southern counties also have huge industrial potential which should be materialised, says Ádám Székely, Managing Director of Infogroup. Property Forum asked him about the ways and risks of warehouse and logistics developments in the country.
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News DHL Group to move into HelloParks Páty logistics centre
28
Nov
2023

DHL Group to move into HelloParks Páty logistics centre

by Property Forum
DHL Group's subsidiary DHL Supply Chain will move to the PT1 warehouse building in the HelloParks Páty logistics centre in early 2024. The logistics provider has secured 20,000 sqm of industrial space in the building.  
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News IWG to open two new locations in Hungary
28
Nov
2023

IWG to open two new locations in Hungary

by Property Forum
As demand for hybrid working rises International Workplace Group (IWG) expands its footprint in Budapest and Debrecen with the addition of two new workspaces. The opening of these two facilities is scheduled for 2024.
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News Biggeorge Property REIT gets listed on Budapest Stock Exchange
27
Nov
2023

Biggeorge Property REIT gets listed on Budapest Stock Exchange

by Property Forum
The Budapest Stock Exchange (BSE) Standard section has welcomed Biggeorge Property REIT Nyrt. shares, owned by Biggeorge Property Zrt. This REIT has an extensive portfolio of industrial parks and is the fifth such company traded in BSE. 
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News pbb provides €120 million for GLP Capital Partners in CEE
27
Nov
2023

pbb provides €120 million for GLP Capital Partners in CEE

by Property Forum
pbb Deutsche Pfandbriefbank has provided a €120 million investment loan facility to a logistics fund managed by GLP Capital Partners (GCP). The fund will utilise the proceeds for the refinancing of the development of a logistics portfolio in the Czech Republic, Poland and Hungary. pbb acted as arranger and sole lender under the facility.
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News Marriott International opens Dorothea Hotel Budapest
23
Nov
2023

Marriott International opens Dorothea Hotel Budapest

by Property Forum
Marriott International has added a new hotel to its global portfolio with the opening of Dorothea Hotel, Budapest, Autograph Collection. The new luxury hotel is located in Budapest’s District V and offers 216 rooms and suits.
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News Hungary’s first Radisson-branded hotel opens in Budapest
23
Nov
2023

Hungary’s first Radisson-branded hotel opens in Budapest

by Property Forum
Radisson Hotel Budapest BudaPart, the first upscale Radisson branded hotel in Hungary has opened its doors in the vibrant Újbuda district. This hotel serves both as a retreat as well as a business hub and offers new bar and restaurant options for locals and overnight guests.
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News Wing completes latest hall in Budapest
22
Nov
2023

Wing completes latest hall in Budapest

by Property Forum
East Gate Pro Business Park, Wing’s latest industrial development project, has reached a new milestone with the delivery of hall A2 in phase two. An additional area of 9,100 sqm is available in the newly completed building for production, assembly, fulfilment and warehousing purposes.
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News Shopper Park Plus gets listed on Budapest Stock Exchange
22
Nov
2023

Shopper Park Plus gets listed on Budapest Stock Exchange

by Property Forum
The first-ever euro-based share issuance on the Budapest Stock Exchange has successfully been concluded. Through an initial public offering (IPO), Shopper Park Plus raised a total of €37.2 million in capital, placing its shares into the BSE Premium Category. The company manages a significant retail real estate portfolio in the region, comprising 18 units. It aims to become the owner and operator of the biggest shopping park in the region in the medium term, and going public could do a lot to help it achieve this goal.
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Latest news


New leases

  • Private Label Tissue has increased its lease by a further 9,500 sqm of warehouse and social and office space at the Hillwood Rawa Mazowiecka logistics centre. The space currently occupied by the company amounts to nearly 30,000 sqm.
  • A new tenant of the DOT Park office complex in Kraków is Webcon, a provider of business process automation systems and low-code technology in Poland. The company has leased 1,615 sqm of office space.
  • Primak will open in August a store spanning 3,200 sqm in Iulius Town Timișoara. This will be the first Primark store based outside Bucharest.

New appointments

  • Bartosz Guss will take up the post of General Director of the Polish Association of Developers from 1st of July. He is a local government officer who has been involved in real estate and cooperated with business for more than 20 years.
  • Ewelina Ostaszewska has joined the Greenfields - Real Estate team. The expert has joined the ranks of the Land Property Department - Living sector.
  • Angelika Kliś has resigned from her position as a member of Atal's management board, the company announced in a press release. The reason for the resignation was not given.

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