ARTICLES LABELLED WITH TAG hungary

News - Skanska leases entire second phase of Budapest office project
16
Oct
2025

Skanska leases entire second phase of Budapest office project

by Property Forum
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.
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News - New shopping centre to open in Budapest today
16
Oct
2025

New shopping centre to open in Budapest today

by Property Forum
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.
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News - Living completes third phase of resi project in Budapest
15
Oct
2025

Living completes third phase of resi project in Budapest

by Property Forum
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.
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News - Granit Asset Management hits 35% renewable energy target in portfolio
13
Oct
2025

Granit Asset Management hits 35% renewable energy target in portfolio

by Property Forum
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.
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News - Living expands to Debrecen with 400-apartment project
13
Oct
2025

Living expands to Debrecen with 400-apartment project

by Property Forum
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.
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News - Romania's hotel industry posts third-highest EU growth
07
Oct
2025

Romania's hotel industry posts third-highest EU growth

by Property Forum
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%.
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News - GTC prices €455 million notes to refinance debt
06
Oct
2025

GTC prices €455 million notes to refinance debt

by Property Forum
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.
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News - CA Immo sells Budapest office building
02
Oct
2025

CA Immo sells Budapest office building

by Property Forum
CA Immo has sold the Bartok Haz office building in central Budapest to an institutional investor, marking the company's second property sale in the city in 2025.
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News - Hungarian housing market hits 2022 levels in September
01
Oct
2025

Hungarian housing market hits 2022 levels in September

by Property Forum
The Duna House Group's monthly transaction estimate and mortgage forecast shows that 13,426 residential properties changed hands nationwide in Hungary in September 2025, with residential mortgage contracts reaching €106 million.
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News - Recorde buys 30,700 sqm Budapest office complex
01
Oct
2025

Recorde buys 30,700 sqm Budapest office complex

by Property Forum
Recorde Asset Management, in partnership with Chapel Hill Capital, has acquired Science Park, a 30,700 sqm office complex in Budapest's 11th District. The transaction represents one of Hungary's largest office deals this year.
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Latest news


New leases

  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
  • Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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