Hungarian Franchise Association Awards Duna House

The Hungarian Franchise Association has awarded Duna House the "Domestic Network Successfully Expanding Abroad" award. The award confirms the results of the group's European expansion: the Hungarian-founded company now has a presence in Hungary, Poland, Italy and Spain with real estate networks and bank-independent credit intermediation services, Duna House told MTI on Friday.

They recalled that Duna House's history began in Hungary in 1998. The network began operating on a franchise basis in 2003, and its 2016 stock market listing paved the way for international expansion and foreign acquisitions.

The group currently consolidates its international activities under the name DH Group: it is present in four European countries, with a market of 155 million, a network of more than 5,000 people, and almost 80% of the group's revenue already coming from foreign markets.

The group's latest major move was the acquisition of the Spanish donpiso network. Under the agreement signed at the end of 2025, the company first acquired a 22.08% stake through a capital increase, which will rise to 34% this year. The plan is for the group to become the sole owner of the Spanish network within six years.

DH Group is not only taking over the office network, but also establishing a joint venture to launch the Credipass financial brand in Spain, they wrote, noting that the group offers credit brokerage services to home buyers in Hungary, Poland and Italy under a unified framework.

According to the announcement, due to the initial investments, the Spanish business is not expected to generate profits in 2026, but management expects a significant improvement from 2027 onwards.

In addition, Dubai and Marbella are part of the network, where international investor needs are served through a dedicated sales system.

Ferenc Máté, Deputy CEO of Duna House, noted in the announcement that their goal is to enter 2-4 additional European markets by 2029 and triple the company's profitability.