ARTICLES LABELLED WITH TAG zenga-hu
15
Dec
2025
Dec
2025
Hungarian property market shifts as buyers seek different homes
The Hungarian property market experienced a significant turnaround this year, characterised by diverse buyer preferences. Investors, panel apartment seekers, and family house buyers were all active, though not simultaneously. According to data from property portal zenga.hu, interest levels in 2025 showed major fluctuations across property types, conditions, and sizes.
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03
Dec
2025
Dec
2025
Budapest property price growth slows in November
Property price increases in Budapest moderated in November, with annual growth dropping by one percentage point according to data from property portal zenga.hu. While the capital experienced stronger activity in the first wave of this year's property boom, demand has shifted towards the agglomeration in the second half of the year.
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New leases
- Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
- Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
- Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
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.
