Gary J. Morrell

Real Estate

Wing Celebrates its 25th Anniversary

The Budapest-based Central and Eastern European developer Wing is celebrating its 25th anniversary. It says it has invested almost HUF...

Office Market

SSCs and BSCs Require Higher Quality Space

The CEE region is seen as attractive for business services centers based on three factors: cost, talent and quality of...

Real Estate

Positive Indicators for the Industrial and Logistics Sector in Hungary

Analysts see industrial real estate as going through a market upturn with both leading regional park developers and operators and...

Real Estate

CEE Investment Volumes Showing Signs of Recovery

Investment volumes for the Central and Eastern European region (Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia) hit EUR...

Sustainability

Increasing Emphasis on Quality of Office Interiors

Reflecting increasing concerns regarding the interiors of office buildings and the perceived need to positively impact the well-being of their...

Industrial

Weerts Logistics Park Hands Over Vecsés Industrial Hall

The Belgian-owned Weerts Logistics Park (WLP) has handed over its latest 40,000 sqm industrial hall, a built-to-suit project for Canada’s...

Real Estate

Westend Shopping Center Celebrates 25th Anniversary

Known as the largest modern shopping center in Central Europe when it opened, the Westend Shopping Center has reached its...

Real Estate

Budapest Hosts 6th CRE Real Estate Awards Gala

For the sixth time, EuropaProperty has hosted the CRE Real Estate Awards Gala and Forum at the InterContinental Hotel Budapest,...

Office Market

Office Builders Exercise Caution in Uncertain Market

Development in the Budapest office market continues to be limited, with developers exercising caution in their strategies and new projects...

Real Estate

Strong Sales, Increasing Rentals, but Retail Stock is Static

Retail and shopping center development remains understandably constrained, given concerns about spending power and increasing e-commerce use; no major mall...

Industrial

Developers Moving to BTS Approach, but Industrial Still a Growing Sector

Industrial real estate is going through an upturn with both leading regional industrial park developers and operators and Hungarian players...

Real Estate

Developers Continue to Exercise Caution in Many Hungarian Sectors

As developers and investors must justify projects as being financially sustainable and offering favorable returns on investment, ESG issues are...

Real Estate

Real Estate Market Talk: Balancing Supply and Demand

Developers are exercising caution against a background of geopolitical and economic worries, development costs, long-term demand, and concerns over investment...

Real Estate

Budapest Hotel Sector an Attractive Investment Option

The hospitality sector is considered an attractive development and investment option; Hungary and the Central European region are popular tourist...

Real Estate

RTL Hungary moves HQ to Renovated Liget Center

RTL Hungary has moved into the Liget Center, owned and redeveloped by Wing and located next to the Városliget or...

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....