Gary J. Morrell

Sustainability

Sustainability Coming to the Fore in Real Estate Investment

As the concept of ESG (environmental, social, and governance) investing becomes a practice increasingly utilized by investors, the extent to...

Construction

Architecture, Urban Planning Must Adapt to Sustainability Expectations

Budapest’s sustainable development encapsulates environmental issues relating to the capital as a business hub, a cultural and historical center, and...

Office Market

Market Talk: Green Building the Only Sustainable Choice

Sustainability or green issues are increasingly impacting building design and property management in response to tenant and staff demands, and...

Construction

Futureal Celebrates Opening of Etele Plaza

Futureal has opened the 55,000 sqm Etele Plaza shopping mall after several postponements of the project; the developer acquired the...

Office Market

New MOL Headquarters Topped-out

Hungarian oil and gas company MOL has topped out its 120-meter high, 28-floor MOL Campus in south Buda overlooking the...

Interview

CTP: Bigger Logistics Developments on the Way

The European developer CTP is now the most significant industrial park owner/occupier in Hungary, according to the company. Its portfolio...

Logistics

Developers Drawn to Booming Logistics Sector

In a very positive environment for the logistics and industrial market, developers who have traditionally been active in other sectors,...

Logistics

Sustainability Accreditation Becoming the Norm for Logistics Space

Logistical/industrial park developers and operators are creating more sustainability accredited and highly specified projects in response to changing tenant demands...

Logistics

Unprecedented Industrial and Logistical Demand Growing

Many analysts see the industrial and logistics market in Hungary as the sector in the most favorable post-pandemic position; the...

Office Market

Investment Rebound Expected This Year

With a substantial amount of capital looking for a home, investors are certainly considering Hungary; it is seen as an...

Office Market

Office Still Seen as an Attractive Workplace Option

Research by one of the leading regional developers indicates that the office is still seen as an attractive workplace location,...

Industrial

Industrial Sector Continues to Thrive

The Industrial real estate segment continues to be strong, with Hungary having the lowest vacancy rate in the Central European...

Office Market

Hungary’s Indotek Group Agrees Purchase of Belgrade Office Portfolio

The regional developer and investor GTC has agreed a deal to sell its Belgrade office portfolio to the Hungarian investor...

Industrial

Panattoni Enters Hungarian Logistics, Industrial Park Market

Panattoni, one of the largest regional and European logistics and industrial park developers, which has had a significant presence in...

Office Market

Investment Volumes for CEE Expected to Reach EUR 10 Bln

As the pandemic continues to influence capital markets negatively, investment flows for CEE (Bulgaria, the Czech Republic, Hungary, Poland, Romania,...

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....