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Hungary MarketBeat

Orsolya Hegedűs • 13/05/2025

Office

In Q1 2025, 23,300 sq m of office space was removed from Budapest's total stock due to planned repurposing, while two smaller projects were delivered, bringing the total stock to 4,426,050 sq m. 

Retail 

Retail sales in Hungary grew by 2.7% year-on-year in the January-March period, although at a slower pace than initially anticipated. Moody's Analytics forecasts retail sales to increase by 2.3% in 2025, with growth expected to accelerate to 3.7% in 2026.

Industrial 

Hungary's industrial stock continued its expansion in Q1 2025, with the delivery of 100,300 sq m of new industrial space. As a result, the total modern industrial stock reached 5.7 million sq m by the end of the quarter. 

Investment 

Hungary’s investment market remained subdued in 2024, with an annual transaction volume of nearly €400 million—reminiscent of post-Great Financial Crisis levels. The absence of large-scale deals weighed heavily on overall market performance, with most activity concentrated in assets valued under €30 million. Retail emerged as the leading sector, accounting for 27% of total investment volume, with high street properties and hypermarkets attracting the most interest.  

Current Marketbeats

Budapest sunset, Hungary
Hungary Office Data

Office Marketbeat is a summary of the Hungary office property sector providing comment on recent trends as well as market data and analysis.

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Hungary Retail Data

Retail Marketbeat is a summary of the Hungary retail property sector providing comment on recent trends as well as market data and analysis.

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Hungary Industrial Data

Industrial Marketbeat is a summary of the Hungary industrial property sector providing comment on recent trends as well as market data and analysis.

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Hungary Hospitality Data

Hospitality Marketbeat is a summary of the Hungary hotels sector providing comment on recent trends as well as market data and analysis.

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Hungary Investment Data

Investment Marketbeat is a summary of the Hungary investment sector providing comment on recent trends as well as market data and analysis.

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