ARTICLES LABELLED WITH TAG Hungary

News €500 million megaproject to create new commercial hub in Ljubljana
11
Apr
2022

€500 million megaproject to create new commercial hub in Ljubljana

by Property Forum
In Ljubljana, a huge mixed-use project will see the creation of a new railway station, a new bus station, a hotel, a shopping centre, offices and apartments as part of the Emonika project. The public infrastructure project will be complemented by a private development by Mendota Invest, owned by Hungary’s OTP Real Estate Investment Fund. The project, which is worth nearly €500 million, was presented in Ljubljana by Sándor Csányi, CEO of OTP, Jernej Vrtovec, Slovenia’s Minister of Infrastructure, Zorán Janković, Mayor of Ljubljana, Dusan Mes, CEO of the Slovenian Railways and Janez Kozelj, Deputy Mayor of Ljubljana, Hungarian business daily Portfolio reports.
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News Accor to open new hotel in Debrecen in August
11
Apr
2022

Accor to open new hotel in Debrecen in August

by Property Forum
The French group will open a Mercure hotel in Debrecen, the second-largest city in Hungary. This will be the second destination for the brand outside Budapest.
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News EBRD approves co-investment with Adventum Group’s Penta Fund
11
Apr
2022

EBRD approves co-investment with Adventum Group’s Penta Fund

by Property Forum
Adventum Group, the CEE focused real estate investment manager, has reached a significant milestone in its history with the approval of the co-investment by the European Bank for Reconstruction and Development. The closing of the partnership is expected to complete by the end of May 2022.
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News Hard Rock Hotel opens in Budapest
07
Apr
2022

Hard Rock Hotel opens in Budapest

by Property Forum
The five-star lifestyle hotel has 136 rooms, two restaurants, and a bar. An event venue was also established on the roof of the building in downtown Budapest.
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News Wing's Budapest office building gets certified
07
Apr
2022

Wing's Budapest office building gets certified

by Property Forum
Wing's Honvéd Center office building in Budapest has received a BREEAM certification. The refurbished office buildings earned their BREEM In-Use Very Good certification with their energy and water-efficient management and with features that contribute to the well-being and health of the occupants.
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News SES posts improved numbers for 2021
06
Apr
2022

SES posts improved numbers for 2021

by Property Forum
People have started to return to their usual shopping destinations. That is reflected in the positive business development of SES Spar European Shopping Centers during the second year of the pandemic. Compared to 2020, significant growth was recorded in retail partner sales, visitor footfall and average spend per purchase. This positive upward trend was recorded by SES in all countries in which it operates centres. Despite the pandemic, in 2021, a total of €22 million was invested in maintenance and sustainable measures relating to the operation of the centres, as well as in project development.
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News Revetas Capital names new Board Member for Keystone project
05
Apr
2022

Revetas Capital names new Board Member for Keystone project

by Property Forum
Revetas Capital, the pan-European real estate investment advisor, has announced the appointment of Michele Small as independent Board Member of Keystone CEE Scp, being nominated by the EBRD. 
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News Skanska’s HQ achieves WELL rating in Budapest
05
Apr
2022

Skanska’s HQ achieves WELL rating in Budapest

by Property Forum
Skanska was the first developer in Europe that has achieved a WELL Health-Safety rating for eight buildings in Poland, Romania, and the Czech Republic, and intends to pursue the certification for all its new projects. The company now has obtained the WELL Health & Safety Rating for Facility Operations and Management for its own headquarters across CEE countries, including the Hungarian one located in the Nordic Light office building.
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News Alfa Group cancels bond auction due to increased interest rates
04
Apr
2022

Alfa Group cancels bond auction due to increased interest rates

by Property Forum
Hungary-based developer Alfa Group has decided to cancel the bond auction within the Hungarian NKP framework in Q1 due to increased interest rates. As the main reason for bond issuance was the need for a financing development pipeline, an alternative source of financing with attractive commercial terms was considered better. 
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News Hungary's residential market records strong activity in March 2022
01
Apr
2022

Hungary's residential market records strong activity in March 2022

by Property Forum
Duna House has released its monthly Transaction Estimate, showing that there were 14,548 residential property transactions in Hungary in March 2022. This is the fourth-highest monthly value of the past decade. 
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Latest news


New leases

  • Two new tenants have joined Galeria Echo in Kielce, owned by EPP. Dealz chain shop has leased a unit of nearly 580 sqm. The retail space of the Carrefour hypermarket is more than 4,500 sqm.
  • A Rossmann chain outlet has opened in the TGG shopping centre in Wrocław. The new chemist's shop took up over 600 sqm next to the grocery shop. In September, the second TGG site, the Astra shopping centre in Wrocław, will in turn see the opening of a Pepco chain shop.
  • InPost has opened a second logistics centre in Łódź. Ultimately, almost 300 people will find work in the 8,500 sqm facility. InPost's logistics centre, located in the vicinity of the A1 Central Logistics Hub motorway, occupies 7.5 thousand sqm of warehouse space and 1 thousand sqm of office space.

New appointments

  • Agnieszka Boroń has joined Equilis Poland to take up the post of Development Director. She has worked in the construction and development industry for over 20 years, specialising in residential project management. Prior to joining Equilis Poland, she was programme director at Nexity. Prior to that, she worked in managerial positions at Dom Development.
  • Agnieszka Baczyńska took up the position of Head of Leasing - Retail in CPIPG. She is responsible for the commercialization of retail facilities from the CPIPG portfolio. Baczyńska also manages the leasing of office space on the buildings owned by CPIPG.
  • Ferenc Gondi has been appointed to a new post as Country Head for CTP Hungary. He's been part of CTP's activity for over 5 years.


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