Tag: Hungary (65 articles)

Real estate   |   29 October, 2026 at 9:55 AM

GTC opens Centerpoint 3 office building in Budapest

GTC has officially opened Centerpoint 3, the final phase of its Centerpoint office complex in Budapest's Váci Corridor. The building adds 36,600 sqm of office, retail and service space, bringing the total area of the Centerpoint complex to more than 77,000 sqm in District 13.

Real estate   |   27 October, 2026 at 12:36 PM

Skanska report urges decades-long thinking in real estate

Skanska has published its 2026 "Shaping Sustainable Places" report, which examines how urban developments can retain their appeal, adaptability and economic viability long after construction is complete. The report argues that performance at the point of handover is no longer sufficient on its own; a project's ability to adapt to changing needs throughout its full lifecycle is equally important.

Real estate   |   20 October, 2026 at 2:21 PM

CBRE appoints Dana Bordei to dual Romania and CEE role

CBRE has appointed Dana Bordei as Head of Industrial and Logistics for Romania and Head of Industrial and Logistics Strategic Client Development for CEE South. Bordei brings experience spanning both consultancy and real estate development, and will lead CBRE's industrial and logistics operations in Romania while overseeing client development across Central and Eastern Europe South.

Real estate   |   1 October, 2026 at 4:51 PM

Colliers report flags Czech retail ageing across the board

More than two-thirds of modern retail space in the Czech Republic is over 15 years old, according to Colliers' ExCEEding Borders Retail 2026 report. Across the six major Central and Eastern European countries and the Baltic states combined, approximately 33.3 million sqm of modern retail space exists, of which roughly 20 million sqm, or around two-thirds, is older than 15 years. The Czech Republic's share stands at 69%, placing it among the more mature markets in the region.

Real estate   |   28 September, 2026 at 8:45 AM

UNIQA Real Estate launches office fund targeting CEE

UNIQA Real Estate Management GmbH is launching the UQA Real Estate Fund, a closed-ended real estate fund for institutional investors. The fund will invest in Core and Core Plus office properties across Europe, with a geographic focus on Austria, Poland and the Czech Republic. The move represents a further step in UNIQA Real Estate's opening of its investment and management platform, previously dedicated to the UNIQA Group, to third-party investors.

Real estate   |   23 September, 2026 at 3:17 PM

Tesco explores sale of Central European units as Kaufland circles

Speculation has intensified over a possible sale of Tesco's operations in Hungary, the Czech Republic and Slovakia, with the Financial Times reporting that the Schwarz Group, which operates the Lidl and Kaufland chains, is expected to make an offer for the Czech and Slovak businesses. Dutch retailer Ahold Delhaize and Polish discounter Biedronka are also named among potential bidders. 

Real estate   |   16 September, 2026 at 10:51 AM

Bucharest to add 1,500 new hotel rooms by 2028

Bucharest's hotel market recorded revenue per available room (RevPAR) growth of 5% in the first half of 2026 compared with the same period in 2025, and 25.2% above pre-pandemic levels, according to Cushman & Wakefield Echinox. The performance is underpinning a development pipeline of more than 1,500 new rooms expected to enter the market by 2028, equivalent to approximately 13% of existing hotel stock, spanning segments from midscale to luxury.

Real estate   |   14 May, 2026 at 10:27 AM

NEPI Rockcastle posts slight net rental income growth in Q1 2026

NEPI Rockcastle said its Q1 net rental and related income (NOI) reached €157.7 million, up 3.4% versus Q1 2025. Property NOI increased 3.2% to €155.4 million, while net revenue from energy activities rose to €2.3 million, reflecting the scaling of the group's renewable energy platform.

Real estate   |   4 May, 2026 at 6:00 PM

Pepco expands DHL partnership across five European hubs

DHL Supply Chain and Pepco have extended their collaboration to strengthen distribution operations across Europe. The expanded partnership aims to ensure product availability, reduce delivery lead times, and enhance network performance for Pepco's growing store footprint.

Real estate   |   30 April, 2026 at 10:53 AM

CTP reports record Q1 leasing activity up 83%

Industrial developer CTP recorded gross rental income of €205.1 million in Q1-2026, up 12.3% year-on-year with like-for-like rental growth of 4.6%. The company's annualised rental income increased to €849.3 million by the end of March 2026.

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Bucharest yields remain well above Western European levels
Real estate

Bucharest yields remain well above Western European levels

Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.

Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.