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News Started construction projects in Hungary fall on nine months
12
Nov
2024

Started construction projects in Hungary fall on nine months

by Property Forum
Value of started construction projects in Hungary fell almost 17% down year-on-year in the first nine months of 2024, accounting for around HUF 1800 billion, according to EBI Construction Activity Report Hungary. 
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News Living delivers first phase of green resi project in Budapest
12
Nov
2024

Living delivers first phase of green resi project in Budapest

by Property Forum
Hungarian developer Living has delivered the first phase of the 165-unit Le Jardin residential park in Rozsnyay utca, District 13 of Budapest.
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News Industrial take-up in Hungary slightly grows by Q3 2024
22
Oct
2024

Industrial take-up in Hungary slightly grows by Q3 2024

by Property Forum
Total demand for industrial spaces in Hungary fell 11.5% to 483,000 sqm in the first three quarters versus the same period of last year. Net take-up, meanwhile, was up 3% to 384,980 sqm in the same interval, according to the Budapest Research Forum (BRF).
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News Living secures funding for resi project in Budapest
22
Oct
2024

Living secures funding for resi project in Budapest

by Property Forum
Living, Wing’s residential development arm, has secured a financing worth HUF 12 billion from Erste Bank for the construction of the Római Park residential project in Buda. Construction works started last August, with completion expected in 2026.
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News IWG opens new Regus office in Budapest
17
Oct
2024

IWG opens new Regus office in Budapest

by Property Forum
IWG has announced the opening of a new flexible workspace project in Budapest under the Regus brand in partnership with Proform Ingatlanbefektetési Zrt. 
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News Wing fully delivers residential project in Budapest
17
Oct
2024

Wing fully delivers residential project in Budapest

by Property Forum
Living, Wing’s residential development arm, has completed Kassák Terrace, the third phase of Kassák Project in District 13 of Budapest, featuring 246 apartments.
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News Atenor rolls out repositioning of Olympia offices in Budapest
14
Oct
2024

Atenor rolls out repositioning of Olympia offices in Budapest

by Property Forum
Atenor has started to implement a rebranding of its Budapest-based office complex Olympia, formerly known as Aréna Business Campus, in a bid to accommodate new workplace trends, such as remote work and hybrid schedules.
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News Forestay Group to deliver Moxy Budapest hotel in early 2026
14
Oct
2024

Forestay Group to deliver Moxy Budapest hotel in early 2026

by Property Forum
Forestay Group has hosted a traditional groundbreaking ceremony for its latest development, the Marriott Moxy Budapest, which will be the first hotel under this brand in Hungary. 
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News Gartner Intertrans leases 9,900 sqm in CTPark Budapest Vecsés
10
Oct
2024

Gartner Intertrans leases 9,900 sqm in CTPark Budapest Vecsés

by Property Forum
Intertrans Hungaria Kft, one of Hungary's largest international transport companies with operations across Europe, has leased 9,900 sqm of logistics space at CTPark Budapest Vecsés.
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News ZenGarden in Budapest reaches 95% occupancy rate
10
Oct
2024

ZenGarden in Budapest reaches 95% occupancy rate

by Property Forum
The ZenGarden office building in Budapest, managed by ConvergenCE, is close to full occupancy as of mid-September, driven by a mix of new leases and renewals.
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Latest news


New leases

  • Borg Automotive Group will move into new premises at HI Piotrkowska office building in Łódź in February 2025. It will occupy approximately 300 sqm. Brookfield Partners supported the tenant in the negotiation process.
  • TK Maxx shop will be opened at Ferio Konin (central Poland). The brand will occupy 2,000 sqm of space in the extended part of the shopping centre.
  • In November, RTV Euro AGD will open four new shops in four Polish cities: Wrocław, Mikołów, Bydgoszcz and Szczecin. Shops will be opened in Galeria Dominikańska in Wrocław (sales floor area of 950 sqm), Park Handlowy in Mikołów (570 sqm), CH Focus in Bydgoszcz (555 sqm) and Vendo Park in Szczecin (480 sqm).

New appointments

  • From November 1st 2024, Izabela Potrykus is to take on the role of head of the leasing team at CPI Property Group (CPIPG) and take on responsibility for 20 office buildings with a combined area of 516,000 sqm.
  • Knight Frank continues to strengthen its European management team with the appointment of Charles Taylor as CEO of Knight Frank Poland. He is a former Managing Director of Cushman & Wakefield Poland.
  • Immo lab, a consultancy specialising in strategic investment advice in the real estate sector, announces that Bartłomiej Ciemała is joining its team to take up the position of director of investment development.

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