The report augurs an increase in the vacancy rates on the office and industrial and logistics property markets in the capital, but does not see any excessive risk with regard to the local banking sector's exposure to projects.

The vacancy rate on the capital's market for office space edged down 1.6pp to 12.5pc in 2025, while the rate for industrial and logistics property climbed 4.9pp to 12.8pc, albeit amid handovers of new projects and low take-up in recent years.

Commercial real estate developers ploughed around EUR 900m into the Hungarian market in 2025, more than doubling from a low base. Large transactions, over EUR 50m, accounted for 43pc of turnover. Hungarian investors made up 61pc of transactions.

Lenders' outlays for commercial property projects climbed 54pc in 2025. Outlays grew for retail, office and hotel projects as well as for industrial and logistics developments. Most loans were for projects in an around the capital.

Photo: Pixabay.com

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com

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