ARTICLES LABELLED WITH TAG Hungary

News Indotek Group names new Head of International Transactions
03
Oct
2024

Indotek Group names new Head of International Transactions

by Property Forum
Hungarian property investor Indotek Group has announced the appointment of Philip Wood as Head of International Transactions & Asset Management, tasked with overseeing the group’s international expansion strategy, focusing on key markets in Central, Southern, and Western Europe.
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News WING has completely transformed Budapest - What are the plans for the coming years?
03
Oct
2024

WING has completely transformed Budapest - What are the plans for the coming years?

by Gergely Ditróy
Over the last two and a half decades, a lot has changed in the Hungarian real estate market. Spectacular investments have shaped the image of the capital, while the modern real estate market as we know it today has gradually emerged. The biggest players were already present in the late 90s, including WING, which is 25 years old this year. During this time, the group has undergone dynamic changes, reflected not only in its developments in Budapest but also in its presence on international markets. We talked to Noah Steinberg, CEO of WING Group and Chairman of the Supervisory Boards of Echo Investment in Poland and Bauwert in Germany, about the main challenges of the past 25 years, the strategy that has been most effective in addressing them and the plans the group has for the next 25 years.
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News Residential property transactions go up in Hungary in September
02
Oct
2024

Residential property transactions go up in Hungary in September

by Property Forum
Real estate brokerage Duna House estimates that 9,754 residential properties changed hands, up 21% year on year, and that HUF 112 billion worth of housing mortgages were taken out in September 2024 in Hungary, more than double (+106%) of the base period's data. The number of transactions in the first nine months of the year shows a nearly 40% yr/yr increase.
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News Faedra Group starts new industrial projects in Budapest
23
Sep
2024

Faedra Group starts new industrial projects in Budapest

by Property Forum
Hungarian developer Faedra Group has kicked off the construction of two industrial and logistics warehouses in Budapest, covering a total of more than 21,000 sqm, following an investment of more than €23 million. 
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News Futureal Group announces new appointment
18
Sep
2024

Futureal Group announces new appointment

by Property Forum
János Gárdai has been appointed CEO of Futureal Development and Shared Services Partnership and Group Asset Management Director. 
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News Hungarian gov't considers tightening Airbnb regulation
17
Sep
2024

Hungarian gov't considers tightening Airbnb regulation

by Property Forum
"Airbnb is a housing issue, not a tourism issue, so that's not how we approach it," said Márton Nagy, Hungary's Economy Minister at a press conference on Tuesday. He stressed that they can agree with Alexandra Szentkirályi, president of Fidesz-KDNP in Budapest, who had said earlier that whatever the decision, she would propose to the government to introduce corresponding rules in Budapest and nationally.
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News Infogroup rebrands as Innovinia in expansion push
16
Sep
2024

Infogroup rebrands as Innovinia in expansion push

by Property Forum
Hungarian developer Infogroup has announced its rebranding as Innovinia as of September 16, as part of its strategy to expand abroad.
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News Construction activity in Hungary declines in H1 2024
29
Aug
2024

Construction activity in Hungary declines in H1 2024

by Property Forum
Construction works in Hungary started during H1 2024 fell by 11% compared to the same period of last year, according to the latest EBI Construction Activity Report prepared by Eltinga, Buildecon and iBuild. 
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News Wing completes mixed-use project in Budapest
27
Aug
2024

Wing completes mixed-use project in Budapest

by Property Forum
Property investment group Wing has fully completed the Liberty mixed-use project in Budapest after delivering 20,000 sqm of offices in the second phase.
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News IWG names Budapest world’s best “workcation” city in 2024
22
Aug
2024

IWG names Budapest world’s best “workcation” city in 2024

by Property Forum
Budapest has been named the best ‘workcation’ city in the world, beating competition from the likes of New York, Berlin and Singapore, according to IWG’s second Work from Anywhere Barometer.
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Latest news


New leases

  • NN is relocating its offices to One Cotroceni Park in Bucharest. The company has leased 2,300 sqm in a deal brokered by Knight Frank.
  • Raben Logistics has leased 3,500 sqm in ELI Park Bacău in a bid to streamline its distribution operations in Romania.
  • The largest salon of the Ochnik brand in the Podkarpacie region of Poland was opened in the Plaza Rzeszów Shopping Centre. The store occupies an area of over 430 sqm.

New appointments

  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.

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