Hungarian Developer WING Sold Nearly Euro 300 Million of Real Estate in 2024

  • 12 Mar 2025 12:35 PM
Hungarian Developer WING Sold Nearly Euro 300 Million of Real Estate in 2024
WING group sold real estate with a value of close to EUR 300m in 2024, the Hungarian developer said.

WING sold the 6,500sqm Honved Center office building in Budapest and the 15,000sqm React office in Lodz, Poland. In Berlin, it sold a 10,500sqm office, part of the Neue Bockbrauerei development, as well as a 8,500sqm rental home project.

Chairman-CEO Noah Steinberg said the group would continue to focus on residential developments, "complementing" the activity with a presence on the commercial real estate market, including the industrial, hotel and retail segments.

WING group has a portfolio of 5.5 million square metres in Hungary, Germany and Poland.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

  • How does this content make you feel?

Explore More Reports

  • Home Prices in Hungary Climb at Fastest Rate in EU

    Home Prices in Hungary Climb at Fastest Rate in EU

    • 20 Nov 2025 5:24 AM

    Home prices in Hungary rose 17.9pc year-on-year in the second quarter, climbing at the fastest pace in the European Union, the National Bank of Hungary (NBH) highlighted in a report published.

  • Nearly 50,000 Rechannel Pension Savings in Hungary to Buy a House

    Nearly 50,000 Rechannel Pension Savings in Hungary to Buy a House

    • 14 Nov 2025 7:28 AM

    According to new data released by Hungary’s Central Statistical Office (KSH), foreign citizens bought 6,600 apartments in Hungary last year, spending a total of HUF 309 billion (around EUR 624 million). This represented 6.4% of all residential property transactions.

  • 6,600 Foreigners Bought Homes in Hungary Last Year

    6,600 Foreigners Bought Homes in Hungary Last Year

    • 14 Nov 2025 7:21 AM

    Around 6,600 foreign nationals bought homes in Hungary last year, real estate broker OTP Ingatlanpont said on Thursday, citing data compiled by the Central Statistics Office (KSH).