Gary J. Morrell

Office Market

HuGBC Promotes Concept of Circular Economy

The Hungarian Green Building Council (HuGBC) celebrated its 10th anniversary with its Green Future Conference 2019 on the theme of...

Industrial

CTP Announces Speculative Developments

The CEE industrial developer and logistics park operator CTP has announced plans to build around 150,000 sqm of speculative industrial...

Sustainability

Product Availability a Brake on Investment Despite Strong Demand

Commercial property investment for Hungary reached EUR 1.1 billion for the first three quarters of the year according to Savills...

Deals

CEE’s No. 1 Office Tenants Drawn by Problem Solving, Costs and Efficiency

SSCs are a key component of demand in the office sector and a vehicle for inward investment across CEE. Gary...

Office Market

Alphagon Offices Achieves German ‘Gold’ Accreditation

The Central Europe developer Teichmann & Compagnons has been awarded ÖGNI “Gold” pre-certification for its 4,700 sqm Alphagon Offices, the...

Industrial

Work Starts on Speculative Build at Budapest Logistics Park

Leading regional industrial developer Prologis has started work on a rare speculative building at Prologis Park Budapest-Harbor....

Industrial

Wing to Enter the Polish Market

Wing is set to become a majority stakeholder in the Polish investor and developer, Echo Investment and, through it, aims...

Office Market

Market Talk: Developing a Growing Market

Some of the leading players in Hungary’s real estate market talk to real estate editor Gary J. Morrell about which...

Office Market

Futureal Starts Construction of Final Planned Office Phase at Corvin Promenade

Futureal Group has started the development of the final office complex on Corvin Promenade. Corvin7, developed in two phases, will...

Sustainability

CEE Attracting Growing Number of Asian Investors

Total office stock in major CEE cities now totals almost 21.8 million sqm and forecasted completions by 2021 will increase...

Pharma

Shopping Center Redevelopment the Norm

Hungary is recording positive retail indicators, with sales increasing by 5% year-on-year in August, according to the Central Statistical Office...

Industrial

Despite low Availability, Industrial Development Still Restrained

Although there are several ongoing speculative developments by both international logistics park operators and builders and Hungarian developers, the local...

Hotels

Hotels Seen as an Attractive Building Option

Developers, investors and operators see strong potential for hotels against the background of positive tourism supply and demand indicators: CBRE...

Industrial

Budapest Office Market Seen as Sector of Choice

Against a background of strong demand fundamentals, office developers are able to take office projects forward with the confidence that...

Sustainability

Development Booming Across the Various Sectors

Demand fundamentals in the various commercial property development sectors are regarded as positive, while at the same time supply has...

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....