November 27, 2025

Futureal Group Secures EUR 165 Million Refinancing of Etele Plaza

Futureal Group has secured a EUR 165 million refinancing from a syndicate of lenders, including Erste Bank Hungary, Erste Group Bank, and UniCredit Bank Hungary, for Etele Plaza.

Etele Plaza is a shopping and entertainment center in Budapest.

The transaction refinances the original 2018 development financing that supported the construction of Etele Plaza.

DLA Piper advised the banks on the refinancing (as reported by CEE Legal Matters on November 19, 2025).

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Gundlach Automotive Solutions Extends CTPark Arrabona Lease

The Audi supplier leases a nearly 11,000 square meters of production and distribution facility with specialized infrastructure that supports uninterrupted, just-in-sequence deliveries. 

Julius Meinl Living Acquires Building on Hegedu Utca in Budapest

According to Schoenherr, the asset is slated for a full refurbishment and conversion into a luxury hotel to be branded The Julius Budapest, with opening currently planned for early 2029.

WING Acquires 2.1 Hectares For Mix-Use Project Development in Budapest

The development site covered by the agreement is located in the northern part of the block bordered by Vaci Road, Szekszardi Street, Madarasz Viktor Street, and Szobor Street in Budapest.