Tribe Budapest News Today

This has been a restrained year for development activity in the office and retail fields. That in the industrial and hotel sectors, however, has been more dynamic. Investment activity has reflected the cautious wait-and-see strategy being adopted by investors towards the Hungarian property markets and, indeed, CEE and Europe as a whole.

The south wing of Wing’s mixed-use Liberty development has received its use permit, and the first office tenants, eMag and Geodis, have moved in. The 360 sqm Absolute Teamsport Focivilág sports store is also now open on the ground floor.