Records for DH Group in Q4 2025

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 by the acquisition of Spain's Donpiso, while the volume of Italian loan intermediation grew by 13% year-on-year to HUF 184 billion in Q4 2025, which is another historic record, the executive summary of the report says .

In Hungary, the 3% Home Start Program (OSP), launched on September 1, 2025, for first-time home buyers, generated significant demand in the real estate market. As a result of the program, there was an outstanding 90.5% year-on-year increase and a 75% quarter-on-quarter increase in the volume of financial brokerage. In addition, real estate brokerage volumes remained below the record level of Q3, with a 5% year-on-year increase and a 9% quarter-on-quarter decrease.

In Poland, the volume of financial brokerage jumped to a new high, growing by 40% year-on-year, and franchise network commissions also increased by 8%. The markets are supported by the Polish interest rate reduction cycle and are expected to remain strong in the coming months.

In November 2025, the Group acquired a 22% stake in Spain's Donpiso, which will be consolidated with equity method at start. The Barcelona-based network generated a total of nearly HUF 1.1 billion in network commission income in October-December 2025.

The Group decided to close its marginal Czech operations and focus its resources on other markets.