Articles by #hashtag

Real estate

23 hits

Opportunities and Challenges in Extraordinary Times

Mar 25, 2020

Approximately 10% depreciation of most of the CEE currencies in February and March 2020 puts both landlords and tenants in a very unfortunate predicament, according to a fresh report by Colliers International. Countries that have not adopted the Euro, or are not pegged to it, have each seen about 10% depreciation in currency value, during […]

Green Court Office Reaches 65% Occupancy

Feb 12, 2020

Codic Hungary closed a very successful year in 2019 by securing an anchor tenant who will lease 11,300 m² in the Green Court Office building, due for completion in Budapest in early 2022. With this transaction, Codic Hungary’s latest development will reach 65% occupancy of its office spaces only seven months into construction. The tenant, […]

Changing Real Estate Market in Hungary

Jan 14, 2020

Q4 2019 data indicate that the property market is in a state of change in Hungary. The latest analysis by the Duna House property agency says that for the first time in many years, the majority of residential property indices of Duna House are falling, but the price index of brick and mortar apartments in […]


House Prices: Strong Supply with Demand to Fall

Nov 18, 2019

In the first half of 2019, the annual growth rate of house prices accelerated to some extent at national level, while in Budapest, the annual dynamics slowed down from 24.8% to 22.5%, the National Bank of Hungary (MNB) reports. Although, the currently strong housing market demand is supported both by home starter programs and the […]

Property Transactions Plunge in Budapest as Prices Stagnate

Oct 29, 2019

The property market in Budapest has hit the brakes and the 9,941 transactions recorded in the first half of the year represent a significant 46% drop from the same period a year earlier, according to the weekly analysis published by The average price per square meter of used properties in the Hungarian capital was […]

Weak Summer on the Hungarian Property Market

Sep 12, 2019

Property market turnover in August was weaker than the usual, producing the weakest summer season of the past four years. Because of a strong year start, the complete data of the first eight months shows no major decrease when compared to previous years, according to the latest Duna House Barometer report.On the Buda side of […]

The would-be Agora Park in Budapest | HB Reavis

Real estate awards for HB Reavis

Feb 14, 2018

The HB Reavis real estate development group's Agora Park and Showroom was named ‘Best Community Place of the Year 2017’ among 35 entries while the Agora Budapest project was voted as ‘Best Planned Commercial Real Estate Project of the Year 2017’.

Market Central Ferihegy |

New owner for Market Central Ferihegy

Jan 15, 2018

Erste’s real estate fund 'Erste Ingatlan Alap' has acquired the Market Central Ferihegy retail park together with the adjacent Quadrum office complex from AIG/Lincoln, reports. This is the largest retail park in the country.


2017, a record year in Hungarian flat sales

Jan 8, 2018

In December 2017, 9,787 real estate transactions took place in Hungary, which is a decrease compared to November, but still higher than in the last month of the previous year, according to Duna House's latest transaction estimate.

Cushman & Wakefield's office in Budapest | Balázs Mohai /MTI

Cushman & Wakefield center to Budapest

Oct 31, 2017

The international real estate consultancy firm Cushman & Wakefield has chosen Budapestas the new venue for its Portfolio Services Center (PSC) department. The new investment, supported by the Hungarian government, is expected to create 250 new jobs.

Aréna Plaza shopping center

Budapest shopping mall sold to South African firm

Sep 19, 2017

South African real estate investment firm NEPI Rockcastle announced that, on September 15, 2017, it acquired all the issued shares of Aréna Plaza shopping center in Budapest through its subsidiary, Arena Property Ltd. for EUR 275 million.

GraphisoftPark Building C1 | source: GraphisoftPark

Graphisoft Park expands further

Aug 11, 2017

According to information published at the website of the Budapest Stock Exchange, in the framework of the developments tby Graphisoft Park, there will be 20,000 m2 office space and underground parking for 750 cars constructed by 2018.

The Eiffel Palace office building in Budapest | source: Horizon Development

Budapest's Eiffel Palace sold again

Aug 8, 2017

The National Bank of Hungary has sold heritage protected Eiffel Palace, a downtown office building in the vicinity of the Nyugati railway station in the Hungarian capital, to the Luxembourg-based Corpus Sireo Real Estate investment fund for EUR 53.8 million.

Budapest | Sándor Laczkó

Apartment prices soar in Budapest

Jul 28, 2017

In 2016, the price of apartments for sale increased by 13% year on year, and the rise in new home prices also exceeded 10% in Hungary. During the first quarter of 2017, the price increase continued in the real estate market.

The Budapest and Hungarian real estate market | source: GKI

Real estate indices are up in Hungary

Feb 7, 2017

In January 2017, the Budapest and the Hungarian real estate market indices of GKI-MGYOSZ stood at +4 and +2 points respectively. The index figure in Budapest was slightly up (within the error margin), while the national index has increased 3 points.

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