ARTICLES LABELLED WITH TAG Hungary

News Hungarian housing market shows further decline in October 
02
Nov
2022

Hungarian housing market shows further decline in October 

by Property Forum
There were only 8,326 residential transactions closed in Hungary in October 2022 which is the lowest figure for the month since 2012, brokerage firm Duna House reports.
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News British Telecom to relocate office staff in Debrecen
28
Oct
2022

British Telecom to relocate office staff in Debrecen

by Property Forum
Around 500 colleagues based in Hungary’s second-biggest city will move to the new location, state-of-the-art Forest Offices in 2023.
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News Wing hands over two new industrial halls near Budapest
27
Oct
2022

Wing hands over two new industrial halls near Budapest

by Property Forum
Phase 1 of the East Gate Pro Business Park has been completed. Nearly 75% of the available space had been leased.
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News Living starts first residential project in Buda
25
Oct
2022

Living starts first residential project in Buda

by Property Forum
Construction of the Római Part residential park by Hungarian developer WING’s umbrella brand Living is already underway just off the riverbank of the Danube in Budapest. The 257-unit complex is the closest residential development of this size to the river.
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News Buda Bright complex reaches highest point in Budapest
25
Oct
2022

Buda Bright complex reaches highest point in Budapest

by Property Forum
Indotek Group’s first large-scale residential project in Budapest, Buda Bright, was launched in March 2021 and is planned to be handed over at the end of next year. 
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News Speculative industrial stock rises sharply in Hungary  
21
Oct
2022

Speculative industrial stock rises sharply in Hungary  

by Property Forum
In Q3 2022, the speculative industrial stock in Greater Budapest was expanded by eight buildings, a total of 145,390 sqm, while four new buildings were handed over in Regional Hungary, with a total of 33,380 sqm, Budapest Research Forum (BRF) reports.
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News GRAWE Group buys Máriássy office complex in Budapest
20
Oct
2022

GRAWE Group buys Máriássy office complex in Budapest

by Property Forum
Wing has sold the Máriássy office complex in Budapest to GRAWE Immo AG, part of the GRAWE Group. Wing purchased the plot and developed the office buildings in 2003-2005. Financial details were not disclosed about the deal.
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News New office supply increases significantly in Budapest  
18
Oct
2022

New office supply increases significantly in Budapest  

by Property Forum
In Q3 2022, the volume of new supply in Budapest's office market increased significantly compared to the previous quarter, marking the highest volume since Q2 2020, the Budapest Research Forum (BRF) reports.
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News ESG is rewriting the rules of office leasing
18
Oct
2022

ESG is rewriting the rules of office leasing

by Property Forum
ESG is rewriting the rules of office leasing with the attitude of landlords, tenants and service providers gradually changing. During a panel discussion recently organised by CEE-based flex space provider New Work at Science Park in Budapest, market experts discussed the topic in detail.
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News VGP completes first phase of VGP Park Budapest Aerozone
17
Oct
2022

VGP completes first phase of VGP Park Budapest Aerozone

by Property Forum
VGP, the European company that develops, manages and owns high-quality logistics and semi-industrial real estate, has handed over a 10,000 sqm warehouse building to Boxy Logisztikai Zrt. 
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Latest news


New leases

  • IT company Sopra Steria Polska will change its Katowice address in 2026 - the company has signed a lease for 4,000 sqm of office space in the Grundmann Office Park A building, owned by Cavatina Holding.
  • The Irish Embassy in Poland will remain in its current location in the Liberty Corner building in Warsaw for the next ten years. It occupies 750 sqm of office space. JLL advised the tenant during the negotiations.
  • Arla Global Shared Services will move its local headquarters to the Punkt office building in Gdańsk. The company has leased nearly 10,000 sqm of space, to which it will move in early 2026.

New appointments

  • AG Capital has appointed Ivaylo Vatev as CFO. He has previously worked in management roles for Aurubis Germany and PwC.
  • Colliers has announced the appointment of Grzegorz Sielewicz as Head of the Economic and Market Analysis Department for Central and Eastern Europe (CEE). His role will cover Bulgaria, the Czech Republic, Hungary, Poland, Slovakia, and Romania.
  • Genesis Property has appointed Flavia Schoech as COO, tasked with leading the development and alignment of the operational strategy of the developer.

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