News
2023.08.02.
"Welcome to what is the third annual iteration of this publication, although those of you with a careful eye for typography and design may have [...]
2023.07.31.
The efficiency of the Budapest office market could be greatly improved if areas that were sought after by tenants were freed up or built. Currently, [...]
2023.07.07.
Hungary, and the region in general, is again seen as an increasingly attractive tourism and business destination. Guest nights have been on an upward trajectory; [...]
2023.06.12.
One of the significant challenges for office developers in Budapest is sourcing suitable-sized, well-located development plots with direct public and private transport links that provide [...]
2023.06.06.
A number of hotel projects are at various stages in the preparation and construct in process in Budapest and across Hungary, although pipelines are difficult [...]
2023.05.15.
Few office projects are expected to be undertaken in the near future as players are exercising caution in an uncertain market environment. However, despite concerns [...]
2022.12.15.
Newmark VLK Hungary – Best Real Estate Provider of the Year 2022 Valter Kalaus, Managing Partner – Real Estate Grand Prix 2022 The Hungarian Business [...]
2022.10.21.
Newmark VLK Hungary - Professional Service Provider of the Year 2022 Valter Kalaus, Managing Partner - Professional of the Year 2022 The CRE Awards celebrate [...]
2022.08.04.
The Top Real Estate Executives magazine is a special annual publication of the Budapest Business Journal and forms part of the BBJ’s prestigious and growing “Top [...]
2022.05.11.
With the increased importance of office interiors, property management and facility management are seen as needing to adapt to new and enhanced requirements to meet [...]
2022.05.11.
Although restrained delivery in recent years means there is little risk of oversupply in the Budapest office market, a rethinking of working habits and broader [...]
2022.04.25.
The 7th annual edition of the HOF Awards was held on 21st April 2022. The Best of the Best Hall of Fame Awards is the [...]
2022.04.13.
Although there is little risk of oversupply in the Budapest office market with restrained delivery in recent years, a reconsideration of working habits and time […]
2022.04.13.
The Budapest office market is recovering from the COVID stage. Although new construction and refurbishments have slowed a bit, they have not stopped. There are [...]
2022.04.13.
When do you expect a recovery in the hotel market and what occupation rate is necessary for projects to be viable? “When Covid started two […]
2022.03.16.
CIJ Awards Hungary 2021 was held 9th March 2022 at a private luncheon event at the lovingly restored Four Seasons Hotel Gresham Palace in Budapest [...]
2022.01.20.
New York, NY and Budapest, Hungary (January 18, 2021) – Newmark Group, Inc., today announced an agreement with Budapest-based VLK Consulting, which will become Newmark […]
2021.12.21.
The letting and investment deals concluded during 2021 reflect the positive positions of the office and industrial sectors and the favorable prospects for the hotel […]
2021.11.03.
The office market faces challenges regarding financing, demand, pre-leasing requirements, tenant specification, staff requirements, and, not least, working habits for the post-pandemic era. Although most […]
2021.10.29.
Opinions differ as to how many planned projects are going ahead in a changing market environment regarding financing, leasing, sustainability, design, and investment. Budapest Business […]
2021.10.27.
The Budapest Business Journal talks with Péter Takács of Newmark VLK Hungary a about the state of hotel development in Hungary. A partner at the […]
2021.08.11.
The Top Real Estate Executives magazine is a special annual publication of the Budapest Business Journal. The magazine presents the profiles of the most influential real […]
2021.05.18.
As the office market faces the potential of changes demanded by the post-COVID environment, Budapest must also deal with challenges over demand and supply, developing […]
2021.03.06.
The Budapest Business Journal was saddened to learn on the day our last issue was published that Attila Kovács, founder and managing partner of DVM […]
2021.02.17.
Flexibility and effective change-management have become the number one priority in the office market for the past year since the pandemic reached Hungary and restrictions […]
2021.02.08.
Valter Kalaus is admittedly a key player of the Hungarian real estate market: daytime he’s the managing director of VLK Cresa, a significant leader in […]
2021.01.18.
The pursuit of security will be dominant in 2021 for commercial property tenants. One or two old interior design forms are coming back, and the […]
2020.12.10.
2020 brought great changes in the domestic real estate market. Many have been guessing what event, or how and when it will end the unbroken […]
2020.09.29.
Sustainability issues have become key elements of the planning, construction and management of office and, increasingly, other commercial properties. This is in large part due […]
2020.07.29.
Belgian developer purchased a 30-hectares plot from Erste Real Estate, assisted by Newmark VLK Hungary The logistics sector of Hungary is booming despite the pandemic, […]
2020.07.15.
Corporations leasing larger office spaces are re-evaluating the use of their property, and they are allowing other companies to occupy 15-20% of their unused floor […]
2020.05.05.
COVID-19 pandemic: In case they have a flexible approach to their real estate strategy, and they are open to new solutions, we can help them […]
2020.04.16.
Jysk bought their land from Erste Ingatlan Kft, to build a distribution centre in Ecser Erste Ingatlan Kft, a subsidiary of Erste Bank Hungary, has […]
2020.01.29.
The new office restaurant network that will revolutionize office dining is helped by Newmark VLK Hungary Béla Szini, one of the owners of Pomodoro, started […]
2019.12.10.
With today’s market conditions tenants are in a more vulnerable position than ever before. You can read some interesting market trends from Valter Kalaus, the […]
2019.11.06.
The Budapest office boom remains for the next three years, and by 2022 approximately 600.000 m2 new office space will be added. Though the employment […]
2019.10.07.
What’s next for the office market? What do occupiers want? What effect would an economic slowdown have on development? Heads of the European offices of […]
2019.09.27.
At the CEE Property Forum 2019, held in Vienna on 18-19 September, was set as a goal to gather the leading decision makers of the […]
2019.07.29.
a&o Hotels and Hostels, one of the largest European hostel companies is about to establish a strong presence in Budapest, according to Péter Takács, Partner […]
2019.03.16.
There is a rapidly spreading new buzz on the real estate market: proptech. The Budapest Proptech Forum conference had a high interest which proves that […]
2018.11.20.
Europe’s largest hostel chain a&o is set to open its first property in Budapest. The company has been searching for suitable properties for a year […]
2018.10.02.
Our latest expert article – that we made together with MN6 energy agency – about the WELL office concept was published in BBJ. The article […]
2017.08.23.
Our colleagues are not only masters of the real estate market, but have a great talent for water sports as well. Our market experts performed […]
2017.06.20.
From a landlord’s perspective, shared service centers make near perfect tenants given their demand for large floorplates and typically long-lease periods. That makes it all the […]