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Articles

TriGranit and DRFG Investment Group complete acquisition of Korzó Shopping Centre in Hungary

TriGranit and DRFG Investment Group are pleased to announce the successful acquisition of Korzó Shopping Centre, a dominant retail destination in eastern Hungary. The asset comprises approximately 18,000 sqm of gross leasable area (GLA) and serves as one of the key commercial hubs in the region.

IWG starts 2026 with revenue growth and accelerated network expansion

International Workplace Group plc (IWG), the world’s largest hybrid workspace platform with a network in over 120 countries through workspace, professional services and digital brands such as Regus, Spaces, HQ, Signature and Instant Offices, today announces its trading statement for the three months ended 31 March 2026.

Colliers Strengthens Leadership with New Equity Partners in Hungary

Colliers is pleased to announce that Kata Mazsaroff, Managing Partner, along with Tamás Beck and Miklós Ecsődi, have been appointed Equity Partners as of 30 April 2026, underscoring the firm’s continued investment in leadership and growth in the Hungarian market.

CEE Real Estate Investment Rebounds Strongly in 2025 as Domestic Capital Powers a New Cycle

Central and Eastern Europe (CEE) marked a decisive turning point in 2025, moving from hesitation to execution as investment volumes surged to EUR 11.6 billion across the region’s six core markets, a 31% year-on-year increase according to latest insights from Colliers. The rebound was driven by disciplined underwriting, stabilising pricing and the return of liquidity — increasingly led by domestic and regional investors.

ZenGarden Office Building Achieves Full Occupancy

The premium ZenGarden office building in Buda, managed by Convergence, has reached another major milestone: following a series of successful leasing transactions in recent months, the property has achieved full occupancy. A combination of new leases and renewals has resulted in the building being fully let, clearly demonstrating the effectiveness of a carefully executed leasing strategy.

BRF has published Q1 2026 report on the Budapest office market

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary) hereby reports its Q1 2026 office market summary.

CEE 6 Hotel Market Snapshot: Growth, Investment and Budapest in focus

The CEE 6 hotel market delivered strong growth in 2025, with RevPAR up 8.9% year-on-year, supported by rising rates and occupancy, while investment volumes surged by 170%, led by the Czech Republic and Hungary. Prime yields compressed across key markets, and momentum is set to continue into 2026 amid improving financing conditions. Budapest stood out as a top performer, combining solid operational growth with robust investment activity and a strong development pipeline.

Resilience and value creation at the turning point of the cycle – Convergence strengthens through strategic renewal

Market uncertainty, cautious investor sentiment, and transforming office usage habits – yet Convergence has chosen renewal and deliberate development. The real estate investment and development company, presenting itself with a refreshed brand identity, is not merely reacting to challenges but actively shaping the market: it believes in the strength of resilient locations, value-creating repositioning, and long-term growth. We spoke with Mr. Csaba Zeley, Managing Director of Convergence, about the future of the Budapest office market, the role of flexibility, and the next chapter of an iconic inner-Buda office building – a successfully rethought building that has reached a transactionally relevant stage of its lifecycle.