Hungary Archives

Union Investment purchases Szervita Square building

The commercial part of Horizon Development’s LEED Platinum certified premium mixed-use Budapest downtown property; Szervita Square Building was purchased by Union Investment for one of its institutional real estate...

Warehousing, Logistics and Industrial

Panattoni starts spec development in Hungary

Panattoni is kicking off its first investments in Hungary. On the plot purchased in Herceghalom, 30 km from the centre of Budapest, Panattoni Park Budapest West will be built...

Green Building

Szervita Square Building Receives LEED Platinum Rating

Last week marked two major milestones for Horizon Development’s Szervita Square Building. The premium project was acknowledged as the Best Mixed-Use Development in Hungary at the International Property Awards,...

Investment Market

Futureal launches European investment management business

Hungary-based real estate developer Futureal announced the launch of Futureal Investment Partners, a real estate investment and asset management business that will focus on value-add and opportunistic investments across...

Retail News

A new retail hub in downtown Budapest

Horizon Development’s most recently completed crown jewel, Szervita Square Building transformed downtown Budapest’s urban fabric architecturally and contributed to the revitalization of retail in the area. It completed the...

Finance

S IMMO’s Q3 results demonstrate operational strength

The listed real estate investment company S IMMO AG once again reports strong results as of the end of the third quarter, with net income for the period of...

Investment Market

Adventum sells another office building in Budapest

Just two months after it sold the Máriássy 5 office building, Budapest-based Adventum has concluded another successful deal as its Adventum TRIUM Property Fund sold Budaörs Office Park from...

Investment Market

Wing sells Budapest office buildings to local investor

Wing has sold buildings B, C and I in the Infopark office park in Budapest. The properties were sold through the Gladiator V Real Estate Investment Fund, the buyer...

Residential

Alfa Group enters the PRS sector in Budapest

Hungary-based Alfa Group is entering the dynamically growing private rental sector (PRS) and will deliver the second and third phases of its Ha11er residential project in District 9 of...

Green Building

Millennium Gardens office development gets certified

Millennium Gardens, developed by TriGranit in Budapest, is over the design stage of the two-stage BREEAM certification, which puts the office building in the Excellent category. The BREEAM rating...

Investment Market

S IMMO acquires BudaPart Gate in Budapest

The listed S IMMO AG has expanded its portfolio in the Hungarian capital with the BudaPart Gate, a LEED Gold certified Class A office building. The lettable area measures...

Investment Market

Adventum sells Budapest office building to Redwood

Adventum has sold another asset from its Adventum TRIUM Real Estate Fund portfolio, the Máriássy 5 office building and the associated development area, to Redwood Real Estate Holding. The...

Tag: Hungary