ARTICLES LABELLED WITH TAG marina-city
12
Sep
2025
Sep
2025
Hungary's housing market gets double boost from bonds and loans
Demand in Hungary's new-build housing market temporarily returned to normal following a boom at the end of last year and the beginning of this year. However, from August, purchases may pick up again due to the maturity of a government bond and the state-subsidised Home Start loan program. Instead of the 1,000 apartments initially announced at the beginning of the year, Cordia will launch sales of nearly 1,500 homes in 2025, amid high buyer interest.
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28
Jan
2025
Jan
2025
Cordia aims to complete over 1,000 apartments in Budapest this year
Hungarian developer Cordia plans to add over 1,000 apartments this year, in Budapest, with three-quarters of this supply hitting the market in the first quarter alone. This expansion will increase the availability of new homes in the city by 20% compared to the end-of-year stock.
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Latest news
- Prague office vacancy hits lowest level since early 2020
- YIT Slovakia appoints new Managing Director
- Business Park Sofia transforms into mixed-use project
- Natland acquires office building in Bratislava from PSS
- Panattoni's development pipeline in Poland close to 850,000 sqm in 2025
- Speedwell starts construction of mixed-use project in northern Bucharest
- Terranova Logistic Park sold to investor group
- Domestic capital reshapes CEE investment dynamics
- Accolade Group invests €60 million in Czech industrial park
- Belgrade residential market shows 10% growth in Q3 2025
New leases
- BIPA, the drugstore brand of the German REWE Group, has opened the first store in Romania at Bucharest-based Mega Mall. The unit’s leasable area stands at around 370 sqm.
- M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
- dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.
New appointments
- Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
- Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
- CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.
