Some forms of government support may temporarily ease the current tough conditions for part of the construction sector in Hungary. But companies may not count on outside help only. All have to invest in new technologies and extend their in-house competencies, especially to reach ESG compliance, says Pál Dános MRICS, Associate Partner at KPMG Hungary in an interview with Property Fourm.

Real estate market players are starting to recognise the importance of data but finding the right way to collect, analyse and utilise it is still often a challenge. Matej Leskovar, Managing Director at Slovenia-based software solution provider Imagine d.o.o. talked to Property Forum about this topic in detail.

Australian firm Equiem, which offers tenant services for office buildings, has acquired SpaceOS, a European company for workplace management software, in a deal that adds Hitachi as a partner, Reuters reports.

With 240 PropTech solutions at the beginning of 2023, the country is among the leaders in Europe in the field of smart cities, smart buildings, smart homes and water management.

Romanian proptech company BrightSpaces has appointed Mike Hapoianu as MENA Regional Manager as part of the firm’s expansion strategy. 

Bidrento is an Estonian-based developer of software for landlords and property management companies to easily manage residential rentals, co-living, student housing and commercial real estate portfolios. Taavo Annus, CEO of the company talked to Property Forum about the latest trends in proptech development, war-related challenges and plans for the new year.

Estonia-based Bidrento, a start-up company that automates the management of rental properties, has secured €800,000 in a follow-up funding round to speed up the expansion to Poland.

CA Immo Hungary will use a 3D Digital Twin based solution developed by Romanian startup Bright Spaces. CA Immo will have five of its office buildings showcased and managed through virtual web-based platforms, emphasising its readiness to adapt the leasing and marketing process in response to the needs of today's clients.

Propetch is far more than buying a gadget to replace humans. It is a disruptive tool to think over the whole value chain in managing commercial properties. No players in this chain can avoid using it properly, says István Rézsó, Head of Business Development at Cushman & Wakefield Hungary.

Cushman & Wakefield continues its partnership with GTC to provide community building services for the company’s office buildings. By coordinating its activities as part of its proprietary “WakeApp Your Office” scheme, Cushman & Wakefield is responding to the challenges experienced by office tenants and landlords in encouraging employees to return to the office post-pandemic.