Gary J. Morrell

Industrial

DVM Group and Greenfield Development Launch Industrial JV

DVM group and Greenfield Development have launched an industrial sector joint venture under the name DVM-Greenfield to combine the construction...

Hotels

Hungary and CEE Attracting Further Hotel Investors

The Central and Eastern European markets are seeing a growth in hotel occupation in their average daily rates, although they...

Sustainability

Sustainability Increasingly Part of the Commercial Real Estate Investment Cycle

ESG-compliant features and sustainability accreditation are increasingly the norm in real estate as an essential requirement from tenants and investors...

Sustainability

Budapest One Achieves Well ‘Platinum’ Accreditation

The 25,000 sqm Budapest One project has become the first office complex in Hungary to be awarded the highest possible...

Office Market

Investment Activity Restrained Across CEE Region in 2023

Total CEE investment for 2023 stood at around EUR 4.9 billion, according to preliminary figures from Colliers. The forecast for...

Office Market

Higher-specified Office Projects the Order of the Day

The Budapest office pipeline is low; developers are exercising caution, and new projects are being put on hold given the...

Office Market

Developers Must Meet Demands of Tenants’ Staff

The recently completed 12,500 sqm Academia office redevelopment and renovation project by ConvergenCE and Europa Capital in Pest’ District V...

Office Market

Worker Requirements Becoming More Sophisticated

The office environment, its amenities and location are an intrinsic part of any project concept, design, and leasing strategy. This...

Office Market

Hybrid Work Model Looks Here to Stay, but at What Ratio?

A hybrid work model, whereby employees use a combination of in-office and remote days, is increasingly becoming the norm in...

Office Market

Multifunctional Center to be Developed at Puskás Metro

The Centrale, a multifunctional complex by the Hungarian outfit Chain Bridge Ventures, will be developed at the Puskás Ferenc Stadion...

Office Market

Real Estate Market Actors Look to Upturn for 2024

It remains an open question when investment activity in Hungary and the CEE region will pick up after a subdued...

Logistics

HelloParks MG3 Achieves Breeam ‘Outstanding’ Accreditation

The 45,000 sqm MG3 warehouse at HelloParks Maglód is the first industrial property in Hungary to achieve Breeam’s “Outstanding” sustainability...

Office Market

2023 a Restrained 12 Months for Deals

This has been a restrained year for development activity in the office and retail fields. That in the industrial and...

Office Market

Q1-3 Real Estate Investment Lowest in CEE for a Decade

Investment figures for the first three quarters of the year (the most up-to-date statistics at the time of writing) have...

Office Market

FIABCI: Hungarian Prix d’Excellence Attracts Record 50 Entrants

This year’s 25th anniversary FIABCI-Hungarian Prix d’Excellence International Real Estate Federation competition attracted a record 50 developments, ending in a...

Real Estate

Hotel Sector Growing With Rising Tourism Numbers

The hotel sector is becoming an ever more popular development and investment option, with the Hungarian capital attracting a rising...

Residential

Residential Becoming a Key Development Sector in Hungary and the CEE

The residential or living sector is playing an increasingly significant role in real estate development and investment markets in Hungary...

Office Market

Budapest has a Limited Speculative Office Pipeline

A limited speculative office pipeline in Budapest is predicted to result in a low supply of quality, well-located contiguous office...

Real Estate

Shopping Development Dominated by Refurbishment and Retail Parks

Shopping center development remains constrained across Hungary and the CEE region given concerns about the economic environment, spending power, and...

Industrial

Growing Predominance of BTS in Industrial Development

Analysts see fewer speculative industrial development project starts, while built-to-suit projects, particularly in regional hubs in the production sector, have...

Real Estate

Optimism on Stage, Reality in the Market: Is European Real Estate Really Recovering?

The recent Portfolio Property Investment Forum in Budapest and Expo Real in Munich offered two contrasting perspectives on the commercial...

Real Estate

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Sustainability

Westend Shopping Center Wins Green Investment of the Year Award

One of the leading Budapest malls, Westend Shopping Center, operated by Gránit Pólus Group, has won the “Green Investment of...

Real Estate

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

Sustainability

ESG Elements Central to Investment and Financing

Analysts say a sustainable recovery in the investment markets is underway, although investors are more selective in how they allocate...

Sustainability

Accreditation Systems Face More Complex Demands

Developers and asset owners in the region see a growing need for higher-level third-party sustainability accreditations such as BREEAM, LEED,...

Real Estate

Wing Completes Acquisition of Olympia Complex

Wing has acquired the Olympia office project via the purchase from Atenor of a complex spanning approximately 74,000 sqm and...

Logistics

New Delivery at IGPark Nyíregyháza

Innovinia, a leading Hungarian regional industrial developer, has completed construction of the industrial-logistics facility at IGPark Nyíregyháza. The building is...

Real Estate

Rising Tourist Numbers See Hotel Sector Attracting Developers and Investors

The hotel sector is becoming an increasingly popular development and investment option, with Budapest attracting a growing number of visitors....

Hotel Sector Growing With Rising Tourism Numbers

The hotel sector is becoming an ever more popular development and investment option, with the Hungarian capital attracting a rising...

Residential Becoming a Key Development Sector in Hungary and the CEE

The residential or living sector is playing an increasingly significant role in real estate development and investment markets in Hungary...

Budapest has a Limited Speculative Office Pipeline

A limited speculative office pipeline in Budapest is predicted to result in a low supply of quality, well-located contiguous office...

Shopping Development Dominated by Refurbishment and Retail Parks

Shopping center development remains constrained across Hungary and the CEE region given concerns about the economic environment, spending power, and...

Growing Predominance of BTS in Industrial Development

Analysts see fewer speculative industrial development project starts, while built-to-suit projects, particularly in regional hubs in the production sector, have...

Optimism on Stage, Reality in the Market: Is European Real Estate Really Recovering?

The recent Portfolio Property Investment Forum in Budapest and Expo Real in Munich offered two contrasting perspectives on the commercial...

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Westend Shopping Center Wins Green Investment of the Year Award

One of the leading Budapest malls, Westend Shopping Center, operated by Gránit Pólus Group, has won the “Green Investment of...

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

ESG Elements Central to Investment and Financing

Analysts say a sustainable recovery in the investment markets is underway, although investors are more selective in how they allocate...

Accreditation Systems Face More Complex Demands

Developers and asset owners in the region see a growing need for higher-level third-party sustainability accreditations such as BREEAM, LEED,...

Interior ESG Elements now Central to the Real Estate Industry

ESG interior elements related to building use trends, design, layout, amenities, and property and facility management are now seen as...

Wing Completes Acquisition of Olympia Complex

Wing has acquired the Olympia office project via the purchase from Atenor of a complex spanning approximately 74,000 sqm and...

New Delivery at IGPark Nyíregyháza

Innovinia, a leading Hungarian regional industrial developer, has completed construction of the industrial-logistics facility at IGPark Nyíregyháza. The building is...

Rising Tourist Numbers See Hotel Sector Attracting Developers and Investors

The hotel sector is becoming an increasingly popular development and investment option, with Budapest attracting a growing number of visitors....