WING Group reports 41% revenue growth in H1 2026

01
Oct
2026
News - WING Group reports 41% revenue growth in H1 2026 #Echo Investment #Germany #Hungary #Poland #Wing Group #Wingholding Zrt.

by Property Forum | Report

WING Group posted a 41% increase in consolidated revenue and a 23% rise in EBITDA in the first half of 2026 compared with the same period a year earlier. Consolidated revenue reached HUF 130.3 billion, driven primarily by a higher volume of residential development handovers, while EBITDA rose to HUF 19.5 billion from HUF 15.9 billion. Total assets stood at HUF 1,358 billion at the end of June, with nearly 63% of the asset base located in Poland and Germany. Total loans and bond liabilities decreased by HUF 24 billion (3%) against year-end 2025, and financing costs fell by HUF 2.1 billion (10%) year on year.


"Our results for the first half of 2026, following a record year in 2025, demonstrate the success of our consistent execution of WING's long-term growth strategy. Higher residential handover volumes are already making a substantial contribution to our performance, while new projects and acquisitions are laying the foundation for growth in the years ahead," said Noah Steinberg, Chairman and CEO of WINGHOLDING Zrt.

Key transactions during the period included the sale of part of the Resi4Rent rental housing portfolio in Poland and the disposal of Buildings A and B of the Brain Park office complex in Kraków. In Hungary, the Group acquired the Capital Square Office Building, the Olympia Office Building and development land, as well as the property at 39 Váci Road, where KPMG's future headquarters will be built. In Germany, Bauwert launched new residential projects and advanced ongoing developments in Berlin.

WING Group's strategy focuses on residential development across Hungary, Poland and Germany, complemented by a commercial real estate portfolio covering offices, industrial properties, hotels and retail assets. The Group holds a total of 5.7 million sqm of floorspace across its three markets and is the majority owner of ECHO Investment, listed on the Warsaw Stock Exchange, and of Bauwert.




New leases

  • Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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