Tomasz Lisiecki shared his expert opinion on the Hungarian CRE market
Tomasz Lisiecki was recently invited by Enloyd Hungary to share his expert insights on the current state and future outlook of the Hungarian real estate market in the BEAS report.
With nearly 30 years of experience in the CEE region, TriGranit sees multinationals, sustainability, and international collaboration as the key factors shaping the market’s future.
Multinationals continue to drive demand for high-quality office, retail, and residential spaces while attracting global investment.
Sustainability has become essential – green investments, energy efficiency, and ESG compliance are now critical, especially to meet EU Taxonomy requirements. TriGranit is fully committed to these principles, delivering ESG-compliant developments that prioritize long-term value and well-being across the CEE region.
Looking towards 2025, the Hungarian market is expected to face several challenges:
• Slower investment activity due to high financing costs and market uncertainty
• Gradual recovery in hospitality and retail sectors
• Long-term growth potential in industrial-logistics and student housing
At the same time, the limited supply of new office spaces in Budapest will help stabilize vacancy rates in newly delivered prime properties.
TriGranit believes that overcoming these challenges will require resilience, innovation, and cooperation between market players – values at the core of its long-term strategy.

Recent posts


Strong partnerships are built both in and outside the office
We were delighted to join the 10th Ingatlan Regatta & Business Beach Conference in Balatonfüred with our colleagues and partners…
Marcell Laczkó rejoins TriGranit
We are delighted to welcome Marcell Laczko back to TriGranit as our Leasing and Asset Management Director for Hungary. Marcell…
Millennium Gardens operates on 100% green electricity from 2026
Millennium Gardens office building has taken another significant step towards achieving its sustainability goals: from 1 January 2026, the building’s…



