ARTICLES LABELLED WITH TAG vaci-road
03
Nov
2025
Nov
2025
Wing buys major development site in Budapest from GTC
Wing Group has signed an agreement with GTC to purchase a development site at 173-177 Váci Road in Budapest, covering more than 2.1 hectares. The company plans to build approximately 470 apartments and a 23,000 sqm office building as part of a mixed-use project on Hungary's largest office market area.
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Latest news
- Ukraine continues to rebuild housing stock amid ongoing war
- New Work expands at Warsaw's Metron
- Companies use 40% less office space versus pre-Covid period, says study
- YIT delivers new phase in Prague resi project
- YIT Slovakia secures permit for large resi project in Bratislava
- Geosan Development starts two resi projects in Prague
- Data quality now decides who gets capital and who doesn’t
- Era Park buys Ferio Wawer shopping centre in Warsaw
- Shopper Park Plus acquires eight retail parks in Poland
- Bucharest secures €29.7 million loan for historical buildings upgrades
New leases
- Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
- The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
