ARTICLES LABELLED WITH TAG hungary
16
Feb
2023
Feb
2023
Q4 2022 sees low value of construction starts in Hungary
The latest EBI Construction Activity Report, prepared by Eltinga, Buildecon, and iBuild, has found that after the weak Q3 2022, Q4 2022 saw a slight nominal expansion in activity-start in Hungarian construction. The value of started construction works was still very low; between October and December 2022 they totalled roughly HUF 650 billion.
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14
Feb
2023
Feb
2023
Prologis to expand over the next years in Hungary
The global developer of industrial properties intends to build more huge logistics space in its Prologis Park Budapest-Sziget II complex. More than 114,000 sqm of new space is in the pipeline in the park that is near the M0 ring road.
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13
Feb
2023
Feb
2023
Waberer's International to build logistics centre near Budapest
The new facility in Ecser, not far from the Liszt Ferenc International Airport, will offer 47,000 sqm of industrial space for local and foreign companies from 2024.
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13
Feb
2023
Feb
2023
This can be a great year to purchase higher-yielding assets
Investors are not in a hurry to buy assets yet, assuming those assets may become cheaper as holders are in trouble. Property Forum asked Kristóf Bárány, Founding Partner of fund management company Adventum Group about their preferences in Hungary and the broader region.
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09
Feb
2023
Feb
2023
Skanska opens first phase of H2Offices complex in Budapest
Skanska has opened the 27,000 sqm first phase of the H2Offices complex on Budapest's Váci Road office corridor. Construction of the second phase may start in H2 2023, with the third and final to be handed over in 2026 or 2027.
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07
Feb
2023
Feb
2023
Hungary's Futureal Group to merge two large units
Futureal Development and Futureal Investment Partners will join their efforts to increase green investments in a pan-European platform.
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07
Feb
2023
Feb
2023
Biggest virtual film studio in CEE to be built near Budapest
The new facility in the HelloParks Fót industrial and logistics centre will serve the needs of the global film industry, investor Virtual Europe Group (VEG) reports.
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07
Feb
2023
Feb
2023
Huge plot changes hands in Budapest's suburbs
Prime residential developments will start in this 13-hectare territory in Pilisborosjenő, 7 km northwest of the capital. OC Investment Solutions assisted with the deal, portfolio.hu reports.
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03
Feb
2023
Feb
2023
Budapest Airport to continue development projects in 2023
The airport operator company (BA) recovered 75% of its pre-COVID passenger traffic, now extends its cargo complex and prepares for a new terminal building.
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02
Feb
2023
Feb
2023
Residential markets in CEE need further state push to recover
There are several factors which put a break on the revival of the housing markets. Property Forum asked Guy Dymschiz, Co-Founder and Co-CEO of Duna House Group, active in Hungary and Poland, about the necessary steps from the states and the developers to overcome the mounting difficulties.
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Latest news
- Alides Polska secures land for new development in Warsaw
- Senior living in Poland: The most undervalued living sector in CEE
- Polish warehouse market rebounds with leasing up 46% in Q1
- Indotek Group takes full ownership of Auchan Hungary
- Czech fund Aurelia snaps up two Prague office buildings
- Adaptive building reuse emerges as key property market trend
- SHD Real Estate to develop resi project on the shores of Lipno lake
- UDI Group secures permit for new resi phase in Prague
- Rohde & Schwarz Topex expands offices to 10,000 sqm in northern Bucharest
- Wing buys 34,000 sqm office project in Budapest from CA Immo
New leases
- 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.
- Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
- Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
New appointments
- 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.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
