News Apartment rents down in Hungary after two years of increase

Apartment rents down in Hungary after two years of increase

by Property Forum
The last month of 2022 brought a 0.7% decrease in rents compared to the previous month with prices in Budapest sinking by 0.9%, reports.
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News Residential rents continue to rise in Hungary

Residential rents continue to rise in Hungary

by Property Forum
Rents continued to rise in June 2021, increasing by 1.6% nationally and by 1.8% in Budapest compared to the previous month, the latest rent index shows. Supply prices were also slightly higher than in the same period last year, something not seen for more than a year. Of all the district groups in Budapest, prices stagnated only in the outer districts of Pest, while the largest price increase (2.8%) on the previous month was recorded in the transitional districts of Pest.
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News Residential rents stagnate in Budapest

Residential rents stagnate in Budapest

by Property Forum
The Hungarian residential rental property market continues to be a mixed bag based on current asking prices, according to the latest monthly survey of real estate portal, which presents the latest joint rent index of and the Central Statistical Office (KSH) for March and summarises the supply and average rent as of the end of April based on 40,000 ads.
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News Residential rents in Hungary increase for the first time in 6 months

Residential rents in Hungary increase for the first time in 6 months

by Property Forum
Residential rents in Hungary rose slightly in February, but looking at the longer term, this appears to be more stagnation than a substantial turnaround, the joint rent index of the Central Statistical Office (KSH) and real estate portal shows. The average rent rose 1.1% in Hungary and 0.8% in Budapest month-on-month.
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Latest news

New leases

  • Kucera Logistics Group Sp. z o.o Sp. K. has decided to open a new distribution centre at Panattoni Park Pruszków V. The tenant will occupy nearly 3,300 sqm of warehouse and office space in the new location. AXI IMMO represented Kucera Logistics Group in the transaction.
  • In the Go! Park Handlowy in Jasło, Poland, Dealz will open its shop. The chain's premises will occupy 520 sqm. The retail park is scheduled to open in June 2023.
  • Keen Property Management, which manages Galeria Victoria in Wałbrzych, Poland, has signed a contract with a new tenant. The new shop of the Dutch discount chain Action will have an area of 900 sqm. The planned opening date is the second quarter of 2023.

New appointments

  • Daniel Cateliu has been appointed as Director in the Industrial & Logistics department of real estate consultancy CBRE Romania. He is currently pursuing an EMBA at the University of Sheffield in the UK. Cateliu is a graduate of the Faculty of Political Sciences within the SNSPA, subsequently following a master's program and earning an Erasmus scholarship at the University of Trieste in Italy.
  • Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.
  • Piotr Chemperek has joined the experts of the Office Space Department at Colliers Poland, taking the position of Associate Director. He will be responsible for advising companies in the medical sector.


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