ARTICLES LABELLED WITH TAG Property Market

Poland's property investment market demonstrated stability in the first three quarters of 2025, with total transaction volume reaching €2.6 billion across 105 deals, closely matching 2024 results. Polish capital gained momentum, representing 23% of total investment volume compared to 10% in the same period last year, capitalising on pricing opportunities while core capital remained cautious with only two transactions exceeding €100 million, Avison Young reports.

Market Group has appointed Ákos Kiss as Managing Director of Property Market, the development firm of the group. He has been working at the company since 2015 and before his appointment worked as Director of Sales, Marketing and Communication. 

Mihály Schrancz, the CEO of Hungarian real estate development company Property Market has stepped down. The move was unexpected and no new leader has been announced yet.

The BudaPart CITY office building in South Buda has received its occupancy permit. The first tenants can move into the building, developed by Property Market Kft., already in the summer.

The construction of a new building in the BudaPart mixed-use project in Budapest has started. As Mihály Schrancz, Managing Director of developer Property Market Kft., said earlier in an interview with Portfolio in December, the company has signed an agreement with the Radisson chain for a mixed-use development comprising a four-star hotel and office space. The Radisson Hotel Budapest BudaPart, to be built as part of the BudaPart Downtown project, will be operated by the Radisson Hotel Group international chain.

As of May 1, 2020, Dr. Mihály Schrancz, former Development Director of Property Market Ingatlanfejlesztő Kft. has been appointed Managing Director of the company. The company's Financing and Investment Director, Dr. Bence Nádasdy, will hold the position of Managing Director at Property Market’s asset management company, Kopaszi Gát Kft.

K&H Bank concluded a financing agreement with the developer concerning BudaPart GATE, the first office building of the largest multi-functional real estate development of Budapest. The first office building of BudaPart is a 20,092 sqm and 11-storey building with an occupancy soon reaching 40%.