Hungary's commercial property market is past its cyclical low point, but weak economic growth is holding back a recovery and geopolitical uncertainty is weighing on outlooks, the National Bank of Hungary (MNB) said in a report on the market released on Tuesday. The report augurs an increase in the vacancy rates on the office and […]
The TILIA office building in Szeged, developed by the KÉSZ Group, won the Office Building of the Year award at one of Hungary’s most prestigious real estate competitions, ‘Office of the Year’ where the jury evaluated not only the preservation of historical values but also sustainable operations and the creation of a people-centered work environment. […]
Appeninn Asset Management Holding Plc. has informed investrors on the website of the Budapest Stock Exchange that, pursuant to the real estate sale and purchase agreement signed this Friday, it has acquired – indirectly through its wholly owned subsidiary Appeninn Project-TRNW sp. z o.o. – the exclusive ownership of the Goodyear logistics center located in […]
Real estate development firm WING's last bond package with a nominal value of EUR 34.8 million received purchase offers totaling EUR 57.64 million, with a fixed interest rate of 6%. With this, WING further strengthened its presence on the capital market and initiated the listing of the WINGHOLDING 2029/I bond on the Budapest Stock Exchange. […]
Home prices in Hungary rose 17.5% year-on-year in January, listings site ingatlan.com said on Tuesday. In Budapest, home prices were 20.4% higher. In a month-on-month comparison, home prices were up 1.7% nationwide and increased 2.9% in Budapest. Prices in Budapest's District XIII, with the most listings, averaged HUF 1.62 million/sqm. The median price in the […]
Investors became more cautious as buyers, but remained very active as sellers on the real estate market in 2025, real estate broker Duna House told MTI on Monday. According to the company's data, investment purchases accounted for approximately 23% of total national turnover for the year as a whole, down from nearly 27% at the […]
Interest in newly built homes in Hungary rose to a multi-year high at the beginning of 2026, while demand for used homes fell significantly compared to the same period last year, ingatlan.com told MTI on Wednesday. The announcement highlighted that the year got off to a mixed start on the Hungarian housing market, with the […]
Both core segments of the real estate Group (formerly called Duna House) grew by nearly 30% year-on-year, reaching all-time highs, according to a company report published on the website of the Budapest Stock Exchange. Financial intermediation was supported by the favorable interest rate environment and OSP, while the volume of real estate services was boosted […]
Last December, the real estate market began to revive again in Hungary with 9,646 residential properties changing hands nationwide, representing a 1.5% increase compared to the previous month, but a 5.7% decrease compared to the previous year, according to estimates based on its own data, Duna House told MTI on Tuesday. They added that December […]
Listed real estate broker DH Group on Tuesday announced its entry into the Spanish market through the gradual acquisition of local peer Don Piso Group and the establishment of a joint venture to introduce its Credipass financial services in Spain. Under an agreement, DH Group acquired an initial 22.08% stake in Don Piso Group through […]
Around 6,600 foreign nationals bought homes in Hungary last year, real estate broker OTP Ingatlanpont said on Thursday, citing data compiled by the Central Statistics Office (KSH). The value of those homes was about HUF 309bn. The data show Germans bought the most homes during the year: 1,396. They were followed by the Chinese, who […]
Indotek Group, one of Hungary's leading real estate investment and asset management companies, is expanding its Western European office network with a new office in Vienna. Indotek has been expanding in Western and Southern Europe for more than a decade, and the opening of the Austrian office will bring the group even closer to German-speaking […]
WING, one of Hungary’s leading real estate development and investment groups, received prestigious recognition in two categories at the 2025 Portfolio Property Awards Gala. The company’s Liget Center Vitrum development was named Office Building of the Year, while its Polish subsidiary’s Resi4Rent transaction earned the title of Foreign Real Estate Investment Transaction of the Year. […]
Hungarian real estate developer WING Group has signed an agreement with GTC for the purchase of a development site located at 173–177 Váci Road, one of Budapest’s main business corridors, covering more than 2.1 hectares, the Group says in a statement. According to the plans, approximately 470 modern apartments and a 23,000-square-meter modern office building […]
With a real estate market growing above the European average, Hungary will present a comprehensive economic vision for the sector and ongoing developments at one of Europe's largest real estate exhibitions, EXPO REAL in Munich, according to a statement from the Hungarian exhibitors. More than 2,000 exhibitors and nearly 40,000 decision-makers from 75 countries are […]
