Gary J. Morrell

Sustainability

Hungary Showcased at MIPIM

In response to the need to better promote the country the Municipality of Budapest, the Hungarian Investment Promotion Agency and...

Sustainability

CEE Investment Volumes Continue to Rise

CEE investment volumes have continued to rise, albeit at a slower rate. Local capital is dominating the Hungarian and Czech...

Industrial

Prologis Hungary Portfolio Grows to 580,000 sqm

International logistics park operator and developer Prologis had a Hungarian portfolio of 580,000 sqm as of the turn of the...

Industrial

Little Industrial Supply Meeting Strong Demand

The Budapest industrial market suffers from limited development, with a lower supply recorded than in other Central European markets at...

Office Market

Horizon Development Agrees Financing for Szervita Square

Horizon Development has signed a financing agreement with UniCredit Bank Hungary for the development of the mixed-use, 15,000 sqm Szervita...

Sustainability

Positive Fundamentals Expected to Continue

All property market sectors are recording positive demand fundamentals, with in excess of one million sqm of commercial real estate...

Awards

Best of Commercial Real Estate Celebrated at Gala Awards

EuropaProperty has held its 2nd annual CRE Awards at the Marriott Budapest Hotel, on the banks of the Danube. The...

Industrial

Industrial Developers Opting for Speculative Projects

The development of the Budapest industrial market continues to be impeded by a limited supply of Western standard logistics space....

Office Market

Office Supply Expected to Fall Despite Landmark Developments

Office demand in the Budapest office market has continued to boom, with vacancy falling despite the highest new supply recorded...

MNB

EUR 1.8 bln Invested in Property in 2018

Real estate investment volume for Hungary in 2018 was close to EUR 1.8 billion, reflecting a third consecutive year of...

Office Market

White House Gains LEED ‘Platinum’ Accreditation

The White House by GTC has become the second Budapest office development after Skanska’s Green House to be awarded LEED...

Industrial

Strong Demand in Development and Investment Continues

Real estate investment volume for the year is expected to be in the region of EUR 1.6 billion-1.7 billion, roughly...

Office Market

Wing Commences Liberty Project

WING has started preparatory works for its latest office, the 40,000 sqm Liberty building, next to the Magyar Telekom Group...

Sustainability

OTP Real Estate Buys Corvin Promenade Office Portfolio

Futureal Group has sold its portfolio of Corvin office buildings to the Hungarian OTP Real Estate Investment Fund. The transaction...

Office Market

Redwood Holding Delivers Ecodome Office Complex

Hungarian developer Redwood Real Estate Holding has delivered the latest Budapest office complex, the 5,000 sqm Ecodome office, located in...

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....