ARTICLES LABELLED WITH TAG hungary

News - Best countries for long-term property investment revealed
07
Nov
2022

Best countries for long-term property investment revealed

by Property Forum
Lithuania was found to have the best record, Hungary came second and Iceland third. Altogether 34 countries were ranked by the Australian home loan comparison site, Compare the Market.
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News - Hungary's MNB warns of mounting risks for CRE
05
Nov
2022

Hungary's MNB warns of mounting risks for CRE

by Property Forum
Rising energy prices and construction costs, the volatility and depreciation of the forint against the euro, rising interest rates and tightening financing conditions all represent challenges for the actors over the short term, the Hungarian National Bank (MNB) states in its fresh outlook. 
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News - Jysk opens 143,000 sqm distribution centre in Hungary
04
Nov
2022

Jysk opens 143,000 sqm distribution centre in Hungary

by Property Forum
The 143,000 sqm logistics facility of the Danish furniture retailer will serve more than 200 retail units in Hungary, Slovakia, Croatia and Slovenia. Online sales will be managed also from this centre. The complex was built by the Hungarian construction company Market Group.
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News - House prices keep increasing  in Hungary
03
Nov
2022

House prices keep increasing in Hungary

by Property Forum
In the first quarter, second-hand home prices increased by 8.9%, and new ones by 6.6%. As for the second quarter, the figures were 6.3% and 3.3%, respectively, the Central Statistics Office reports. 
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News - Demand for HQ-type offices is on the rise to save money
03
Nov
2022

Demand for HQ-type offices is on the rise to save money

by Property Forum
We can see more interest coming from government entities to rent office space in modern office buildings in CEE. We also see large companies centralising their office spaces in a single building. Property Forum asked Tomasz Lisiecki, CEO of TriGranit about his assessment of these trends.
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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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Latest news


New leases

  • Panattoni has signed an agreement with a new tenant for its urban development in Łódź. Olmed, which operates a pharmacy and online drugstore, has taken up 9,500 sqm of space in City Logistics Łódź VI.
  • The Polish subsidiary of Hoerbiger, specialized in precision positioning technologies, has leased 200 sqm in the Warsaw-based SOHO by Yareal. The company will start operations in the new offices this May.
  • Ingram Micro, the global distributor of IT solutions and mobile devices, has renewed its lease at the MLP Pruszków II logistics center, covering around 8,200 sqm of modern warehouse and office space. The lease deal was brokered by CBRE.

New appointments

  • Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.
  • Joanna Leńkowska has been appointed as Workthere Lead at Savills Poland, taking over the role from Thomas Jodar. Leńkowska brings five years of experience in the flexible office sector to the team, having previously worked with WeWork and CitySpace.
  • CTP Romania has appointed Diane-Monique Forrest as Business Developer. She will focus on leasing activities in Transylvania, covering key cities such as Timișoara, Arad, Sibiu, and Deva.

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