October 26, 2025

Hungary

From Prohibition to Permission: Hungary’s New Approach to Front Yard Structures

In August 2025, an amendment to Hungary’s national construction code entered into force, easing long-standing restrictions on front yard development.

Well Pack Expands Lease at CTPark Budapest West

According to the developer, Well Pack Hungaria is a long-term tenant, having been in CTPark Budapest West in Biatorbagy since 2018.

CA Immo Sells Bartok Haz Office Building in Budapest to DRFG Investment Group

The multi-tenant building was completed in 2003, has a gross leasable area of approximately 17,700 square meters, and offers 408 parking spaces.

Reclassification Option of Garden Properties

Amendments to the Land Registry Act, in force since July 2025, bring long-anticipated relief for owners of ‘zártkert’ (garden or holiday plot) properties.

Jalsovszky: How Much Compensation Can I Expect if the State Takes My Property?

According to investment plans announced this summer, the government is preparing to implement large-scale road and railway construction projects over the next ten years.

From Weekend Cottage to Valuable Real Estate

At the beginning of the summer, the regulations governing the land registry in Hungary were amended, introducing significant changes affecting owners of so-called garden plots in the outskirts.

OTP Real Estate Fund Management Cross-Sales Baber Office Building and Corvin4 Office Building in Budapest

OTP Real Estate Fund Management has concluded the cross-sale of Baber Office Building and the Corvin4 Office Building in Budapest.

Strengthening the Hungarian “Mall Stop” Regulation – What Real Estate Market Players Can Expect

On 18 August 2025, Government Decree No. 274/2025 (VIII. 18.), amending Government Decree No. 143/2018 (VIII. 13.) on the detailed rules applicable during the change-of-use authorisation procedure, was published in the Hungarian Gazette.

BYD Electric Bus & Truck Hungary Leases 5,000 Square Meters in CTP Komarom

CTP Hungary has announced it signed a lease agreement with BYD Electric Bus & Truck Hungary Kft. with the later taking possesion of a 5,000 square-meter industrial property in CTPark Komarom.

GTC Appoints Zoltan Martonyi as Interim Chairman of the Supervisory Board

According to the company, Martonyi will serve in this capacity until the General Meeting convenes and elects a new Chairman.

Residential Romai Park Building Structure Complete

Developer WING has announced that LIVING – WING's brand specializing in residential real estate – has completed the building structure of the Romai Park residential park in District 3 of Budapest.

AutoWallis Group Establishes HQ in WING’s Liberty Complex

Developer WING has announced that AutoWallis Group has established its new headquarters in its mixed-use Liberty complex in Budapest, Hungary, occupying approximately 5,600 square meters of office space for over 400 employees.

Adventum International Launches New Sub-Fund, Acquires Polish Industrial Properties

Investment fund manager Adventum International has announced the launch of its new Adventum Industrial fund

DHL Extends Lease at CTPark Budapest East

DHL Supply Chain has extended its existing lease agreement with CTP and taken possession of a newly customized head office at CTPark Budapest East.

Units in Last Phase of Park West Project in Budapest Now on Sale

Sales have begun of units in Park West Rise, the fourth and final phase of Budapest’s downtown Park West residential park.

Bubblify Quenches Thirst for OXO Tea

“OXO tea has long been a very strong brand and our significant competitor in the Czech bubble tea business."

Wingholding Zrt.’s B+ Issuer Rating Affirmed by Scope

Developer WING has announced that Scope Ratings GmbH has affirmed Wingholding Zrt.’s issuer rating at B+, along with the B+ rating for the company’s senior unsecured bond.

HGL Expands Space in HelloParks Maglod

The HGL Group began operations at the site last year in the MG1 warehouse at the Maglod megapark, which is located near Budapest’s Ferenc Liszt International Airport.

CPI Europe Sells Budapest Marriott Hotel to Hungarian Consortium

Financial details were not disclosed, though reports have valued it at over EUR 115 million.

New Tenant in Budapest’s Skylight City

The company moving in to Skylight City is already present in the Czech Republic and Poland, Wing reports, and in considering options in Budapest

Schott Hungary to Expand Production Facilities in Lukacshaza

Schott Hungary has entered agreements with Strabag, Weinberg, and Szarnyas related to the construction of new production facilities in Lukacshaza, Hungary.

Tribe Opens TRIBE Budapest Airport Hotel

Tribe has expanded its presence in Hungary and Eastern Europe with the launch of TRIBE Budapest Airport – the brand’s second property in the country.

Pactic Moves to CTPark Budapest Ecser Logistics Park

Pactic has signed a five-year lease agreement at CTPark Budapest Ecser Logistics Park, where the company will occupy nearly 3,000 square meters of industrial space.

BYD Buys Budapest Office Building from CA Immo

BYD has acquired the IP West office building in Budapest from CA Immo.

ZF Hungaria Moves Into HOP Technology Office Park

ZF Hungaria has taken over more than 1,000 square meters of office space in Wing’s HOP Technology Office Park.

Małgorzata Czaplicka Appointed President of GTC Management Board

Malgorzata Czaplicka has been appointed President of the Management Board of GTC S.A., succeeding Gyula Nagy, who held the position since August 2023.

Wolf Theiss Law Firm Moves Into Liget Center Classic in Budapest

International law firm Wolf Theiss has moved into the Liget Center Classic in Budapest, a protected historical building redeveloped by Wing.

Bonduelle Leases Space in Center Point II

The Hungarian subsidiary of Bonduelle has leased space in the Center Point II building in Budapest from GTC

Wing Delivers New BTS Hall in East Gate PRO Business Park

Wing Industrial, the industrial and logistics development business of developer Wing, has delivered the fourth hall of the East Gate PRO Business Park in Fot, Hungary.

Sofidel Expands Presence in CTPark Budapest West

Sofidel Hungary Kft. has signed an agreement with CTP Hungary at CTPark Budapest West to lease an almost-18,000-square-meter unit.