ARTICLES LABELLED WITH TAG Budapest

News Tallest tower in Europe to be built in Budapest
19
Mar
2024

Tallest tower in Europe to be built in Budapest

by Property Forum
UAE-based property developer Eagle Hills plans to build a completely new city centre in Budapest. Plans contain several highrise offices, residential and retail units, including the tallest tower in Europe.
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News IWG to further expand in Hungary's office market
19
Mar
2024

IWG to further expand in Hungary's office market

by Property Forum
Flex office services provider IWG continues to grow its presence in Hungary, reaching a total of 25 locations by the end of 2024, including 18 overall in the capital.
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News Next phase of Millennium Gardens gets occupancy permit in Budapest
12
Mar
2024

Next phase of Millennium Gardens gets occupancy permit in Budapest

by Property Forum
TriGranit and Revetas Capital have officially obtained the occupancy permit for the second phase of the Millennium Gardens office complex. The two phases offer 37,000 sqm of office and retail space in the vicinity of the river Danube. 
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News Hard Rock Hotel to be rebranded as Pullman Budapest
29
Feb
2024

Hard Rock Hotel to be rebranded as Pullman Budapest

by Property Forum
Global hotel operator Accor Group will introduce its premium hotel brand Pullman after taking over the management role at Hard Rock Hotel in Budapest. The opening is scheduled for the end of March 2024.
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News Skanska launches ESG+ office package
27
Feb
2024

Skanska launches ESG+ office package

by Property Forum
Swedish property developer Skanska has developed an offer to tenants consisting of services to support them in creating sustainable workplaces and non-financial reporting.
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News Market Asset Management hands over Budapest office building
14
Feb
2024

Market Asset Management hands over Budapest office building

by Property Forum
The BEM Center office building has been handed over and with it the first tenants have arrived, including the investor and developer Market Asset Management Zrt.
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News IHG to open Europe's first Holiday Inn & Suites in Budapest
05
Feb
2024

IHG to open Europe's first Holiday Inn & Suites in Budapest

by Property Forum
IHG Hotels & Resorts has announced its first Holiday Inn & Suites property in Europe by signing Holiday Inn & Suites Budapest Centrale – part of its Holiday Inn Hotels & Resorts brand. The new hotel will offer 170 rooms and is set to open in late 2026.
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News Office vacancy increases again in Budapest in Q4 2023
22
Jan
2024

Office vacancy increases again in Budapest in Q4 2023

by Property Forum
Total demand in 2023 amounted to 464,570 sqm, while net take-up reached 238,250 sqm in the same period. Total demand increased by 19%, while net take-up showed a 21% growth compared to 2022, the Budapest Research Forum (BRF) reports.
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News CBV to develop new multifunctional centre in Budapest
09
Jan
2024

CBV to develop new multifunctional centre in Budapest

by Property Forum
Local developer Chain Bridge Venture Kft. (CBV) has launched a new development project aiming to build a state-of-the-art multifunctional centre not far from the Puskás Ferenc Stadium and Papp László sports arena. The handover is expected in 2026.
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News IWG to open two new locations in Hungary
28
Nov
2023

IWG to open two new locations in Hungary

by Property Forum
As demand for hybrid working rises International Workplace Group (IWG) expands its footprint in Budapest and Debrecen with the addition of two new workspaces. The opening of these two facilities is scheduled for 2024.
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Latest news


New leases

  • Enlarged showrooms for three brands - Tommy Hilfiger, Calvin Klein and Marc o'Polo - have opened in the Wrocław Fashion Outlet. The space they occupy has increased by a total of 500 sqm
  • P3 Logistic Parks has leased the last available space in P3 Łódź City III. Rock Communication will occupy 9,290 sqm of manufacturing and warehouse space to be used for production and distribution of fibre optic and power cables.
  • The tenants of the Galeria Wołomin retail park near Warsaw have been joined by the Tedi chain. The new salon took up an area of over 700 sqm.

New appointments

  • Ghelamco Invest has announced the reorganisation of its board of directors. Jarosław Zagórski, Joanna Krawczyk-Nasiłowska, Arnold Neuville, Jarosław Fiutowski, Damian Woźniak and Rafał Gierczak resigned as members of the company's board. As a result, the board consists of Paul Gheysens, Michael Gheysens, Marie-Julie Gheysens, Christiaan Heggerick and Jarosław Jukiel. This reduced number of board members (from 11 to 5) is expected to streamline the decision-making process, allowing all stakeholders to focus on their core roles.
  • Joanna Bieniek has taken up the position of Head of Leasing at Galeria Askana in Gorzów Wielkopolski (Western Poland). Prior to joining the Galeria Askana team, she headed the leasing department at Cream Property Advisors.
  • Balint Szécsényi has resigned as a member of GTC's supervisory board with immediate effect. The resignation was announced by the company's Board of Directors.

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