Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
We look at why LDES companies are eyeing project development, Europe''s gigafactories in the ESS market, and vertical integration''s pitfalls.
Consequently, we anticipate a surge in development and refurbishment projects aimed at enhancing energy eficiency, particularly in renovations and redevelopments across Hungary.
Both CCI and residential forecasts were positively affected by policy changes in California with a new community solar program and the NEM 3.0 decision, respectively.
The German construction market is expected to remain under pressure in 2025, with a projected 1.4% overall decline and a 5% drop in residential construction, though infrastructure projects,
The Hungarian government''s budget plans for the 2026 election year could be at risk if its economic growth assumptions prove too optimistic, the head of budget watchdog Fiscal Council told Reuters.
The sole purpose of this post is to follow these projects and to see how they will or will not help the recovery of the new residential construction sub-market in Hungary.
The report provides detailed market analysis, information and insights into the Hungary''s construction industry, including - Hungary''s construction industry''s growth prospects
Hungary''s largest energy storage facility is currently under construction near Szolnok, with Chinese company Huawei involved in the solar energy project. The contract was signed in February, with MAVIR Ltd. as the
Case Study: Real Estate Investment in Budapest Case Study: Renovation Project & Real Estate Investment What is the current state of the real estate investment market in
Like C&I solar projects, sales cycles are longer and project financing is not as off-the-shelf. While the residential ESS market is primarily driven by demand for resiliency and
Latest Updates: LG Energy Solution''s (LGES) $5.5 billion battery facility in Queen Creek, Arizona, continues to make significant progress as it heads toward full-scale production. The 1.3-million-square-foot cylindrical EV
Discover more about how domestic factors drive economic growth or how investment volumes are expected to decline in 2024 while steady yields in Hungary appear
4) Residential property insurance costs in Hungary are expected to rise by about 6% by 2025 due to higher property values The cost of insuring homes in Hungary has been
Hungarian Real Estate Market Supply and Demand Issues in the Market The Hungarian Real Estate Market is experiencing growth not only in value but also in volume. In
The German construction market is expected to remain under pressure in 2025, with a projected 1.4% overall decline and a 5% drop in residential construction, though infrastructure projects, public spending, and transportation initiatives
Centrale, a mixed-use development project. Real estate and related industry professionals are looking to 2025 for an uplift in the investment markets. Meanwhile, players
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
Case Study: Real Estate Investment in Budapest Case Study: Renovation Project & Real Estate Investment What is the current state of the real estate investment market in Budapest? Legal and Tax considerations when
The Hungarian construction industry is expected to record an annual average growth rate of 4.7% between 2026 and 2029, driven by investments in the country''s transport,
The European Bank for Reconstruction and Development (EBRD) has forecasted Hungary''s GDP growth at 1.5pc in 2025 and 2.7pc in 2026. In its latest Regional
LG Energy Solution projects that construction on the cylindrical EV batteries manufacturing facility will be completed by 2025, and the LFP ESS batteries facility will be completed in 2026. Production at both facilities will
BNEF modelled forecast scenarios reflecting both that planned 2026 rise in Section 301 tariffs, as well as a potential extra 10% hike on top, and a more extreme outlook reflecting a 60% tariff rate being placed on battery racks
The Hungarian residential real estate market is poised for significant growth over the next five years, driven by a combination of economic factors, government initiatives, and
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The BESS CfD is expected to decrease the inherent risks of the now forming energy storage market and, especially if combined with a long-term aggregator agreement, may be key in
All the recent data and statistics on Budapest''s real estate market, offering insights into trends, pricing, and investment opportunities in this vibrant European city.
In Hungary over the last 10 years the value of property has increased several times, and over the last 4 years, starting in autumn 2020 the average value of residential property in Hungary has
New build projects and trends New-build residential projects will continue to play a dominant role in the Hungarian housing market in 2025. Modern technologies, energy
This tariff increase has created a high trade barrier for US ESS imports, severely compressing US ESS demand. 2026 Tariff: • The 301 Act is expected to be implemented in
Energy Storage Systems (ESS) market size The global Energy Storage Systems (ESS) market was valued at USD 8,468.01 million in 2024 and is projected to reach USD
Is residential property in Hungary an attractive investment? Full analysis of Hungary''s property market. Best areas? Most demand? Highest rental yields?
Little prospect of recovery in residential construction Residential construction, which accounts for almost half of all construction projects in Europe, shrank by a tenth overall in 2023 and 2024 (new construction: -18%). The chances of a
The housing loan stock in Hungary stood at HUF 5,003 billion at the end of 2023, which was 1.5% higher than at the end of 2022. The growth rate of the housing loan stock slowed down compared to the annual growth rate of 7.5% in 2022 and between 9% and 15% in the four preceding years.
Residential property prices in Hungary are picking up pace, with the latest data from the Hungarian National Bank (MNB) indicating a year-on-year increase of 14.47% as of Q3 2024 (10.61% inflation-adjusted). On a quarterly basis, prices rose by 2.17% (1.52% inflation-adjusted).
In March 2024, rents continued to rise: nationally they increased by 0.8% and in Budapest by 1.8% in one month. In nominal terms, March rents were 11.7% higher nationally and 12.4% higher in Budapest than in the same period last year, and 101% and 94% higher than in the base period of 2015.
The total value of outstanding housing loans in Hungary reached HUF 5.3 trillion (USD 14.7 billion) in H1 2024, a 5.7% increase since the end of 2023. The relative size of the market has been in decline in recent years, however, dropping from an estimated 8.3% of GDP in current prices in 2021 to 6.7% in 2023. Data Source: KSH.
Our report indicates that retail sales have slightly improved in 2024, whereas the industrial and logistics sectors have experienced active leasing driven by renewals. Additionally, you can learn how Budapest's hotel market is approaching pre-pandemic tourism levels, alongside a robust pipeline for new hotels anticipated in 2025.
The scheme will be available between April 1 and October 31, 2025. The total value of outstanding housing loans in Hungary reached HUF 5.3 trillion (USD 14.7 billion) in H1 2024, a 5.7% increase since the end of 2023.
