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News Budapest office demand up 8% in 2024
21
Jan
2025

Budapest office demand up 8% in 2024

by Property Forum
Total office demand in Budapest rose by 8% year-on-year to 502,150 sqm during 2024, according to data from the Budapest Research Forum (BRF). 
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News UDI Group kicks off first resi project in Budapest
13
Jan
2025

UDI Group kicks off first resi project in Budapest

by Property Forum
Czech real estate developer Urban Developers and Investors Ltd. Group (UDI Group) is making its first investment in Hungary, in a Budapest-based residential project. 
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News Biggeorge Property makes land purchase in Budapest
07
Jan
2025

Biggeorge Property makes land purchase in Budapest

by Property Forum
Hungarian developer and investor Biggeorge Property Plc has purchased a 35,000 sqm development land plot in Budapest, from ECE, for an undisclosed sum.
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News Kálvin Square office in Budapest reaches near 100% occupancy
17
Dec
2024

Kálvin Square office in Budapest reaches near 100% occupancy

by Property Forum
Kálvin Square office building, managed by ConvergenCE, has achieved a near-record 99 percent lease occupancy.
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News Gránit Asset Management buys historical building in central Budapest
17
Dec
2024

Gránit Asset Management buys historical building in central Budapest

by Property Forum
Gránit Asset Management has completed the purchase of the historical Exchange Palace building in Budapest, from private investors, for an undisclosed sum.
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News Skanska starts new office development in Budapest
17
Dec
2024

Skanska starts new office development in Budapest

by Property Forum
Skanska has started the development of the second office building of the H2Offices complex in Budapest.
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News German investor buys office building in Budapest
25
Nov
2024

German investor buys office building in Budapest

by Property Forum
Wing has announced the sale of the Honvéd Center office buildings in the Central Business District of Budapest to Greve Honvéd Kft, a subsidiary of Hamburg-based Greve Group, for an undisclosed amount.
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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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Latest news


New leases

  • North Gate, an A-class office building in the northern part of Warsaw, has gained another tenant. HaskoningDHV Polska has decided to lease ca. 1,000 sqm of space of the building. The property owner was represented in the transaction by Savills.
  • In mid-December 2024, the Zucca restaurant made its debut in the mixed-use Renoma building in Wrocław (southern Poland). The restaurant has an area of approximately 270 sqm.
  • MLP Group has signed a lease agreement with a company operating a network of padel centres in Poland. InterPadel will occupy approximately 2,800 square meters of modern space at MLP Business Park Poznań. The transaction was facilitated by MAXON Nieruchomości.

New appointments

  • Karol Klin joined the Cornerstone Investment Management team at the beginning of 2025, taking on the role of Commercial Director, Real Estate.
  • Sebastian Barandziak has been appointed as the new President of the Management Board of Euro Styl, a subsidiary of Dom Development Group. The existing board members, Magdalena Reńska and Jarosław Górski, have been appointed as vice presidents.
  • AG Capital has appointed Ivaylo Vatev as CFO. He has previously worked in management roles for Aurubis Germany and PwC.

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