As a leading Hungarian developer and investor, Wing has also extended its activities in Europe. The transformation is designed to build on more than two and a half decades of sustained growth, enabling the company to operate more efficiently while establishing a solid foundation for future opportunities, the company says.
The central element of the change is the separation of the combined role of chairman and CEO. Steinberg, who founded the firm and has held the dual position to date, will continue as chairman, focusing on long-term strategic direction, while also retaining his role as chairman and CEO of Wingholding, which encompasses the group’s domestic and international interests.
“Over the past 25 years, our group has evolved from a domestic real estate development company into a regional real estate group with an active development and investment presence in Hungary, Germany, and Poland,” says Steinberg.
“Our growing international presence, as well as the increasing complexity of our operations, justify our diverse activities on the Hungarian real estate market being placed under the leadership of a dedicated executive,” he continues.
“Katalin’s professional experience and leadership track record provide a solid foundation for the further development of Wing Hungary, building on our values and on-going success,” Steinberg adds.
Walter adds: “Wing has built exceptionally solid foundations in Hungary and across the region over the past decades. As CEO, my goal is to build on these to further carry on and strengthen this success story, making our organization more efficient and agile while adapting to the changing market environment and enhancing our competitiveness.”
Wing is now an active real estate developer and investor across multiple countries; in addition to being a leader in the Hungarian market, it is a major player in the Polish and German markets.
Following the Etele Plaza shopping center and the Budapest ONE office complex, the Corvin Innovation Campus office building has also achieved the BREEAM “Outstanding” sustainability rating, the highest accreditation possible in the third-party sustainability accreditation system.
All three projects were developed by Futureal and have now received the highest recognition for sustainable buildings based on operational performance. Importantly, BREEAM In-Use can be utilized for both new and older buildings.
“For existing buildings, regardless of age, BREEAM In-Use assesses actual performance through asset performance and management performance,” says the Building Research Establishment Environmental Assessment Method.
According to these results, the three Futureal projects currently rank among the best-performing buildings in Hungary in the BREEAM In-Use Commercial category, the developer argues. I
Under the In-Use category, experts assessed the day-to-day operation of Corvin Innovation Campus as outstanding in several areas, including energy consumption, accessibility and flexibility. The first phase of the next-generation office building was developed in Józsefváros (Pest’s District VIII) as an extension of the Corvin Promenade. The 16,650 sqm development is currently one of the most energy-efficient office buildings in Hungary, holding an “A+” energy rating.
The development features a fully integrated smart building management system that optimizes mechanical and electrical operations, alongside low-carbon and energy-efficient heating and cooling systems. The office building is also equipped with a smart parking system, with 10% of spaces fitted with electric vehicle chargers. A rooftop photovoltaic system is expected to cover approximately 40% of the garage’s lighting demand.
Precision filtration systems, UV sterilization units and activated carbon filters installed in the building’s mechanical system ensure clean indoor air quality.
“The latest BREEAM In-Use ‘Outstanding’ certification clearly validates the consistent sustainability approach underpinning Futureal’s developments. Following Etele Plaza and Budapest ONE in Újbuda, this project completes a kind of ‘hat-trick,’ with three of our landmark buildings achieving the highest sustainability rating based on actual operation,” says Gábor Radványi, chief architect of Futureal.
“Last year, Corvin Innovation Campus also received the WELL Core ‘Platinum’ certification, which prioritizes the creation of a healthy, people-centric working environment. The certification confirms that the design and construction of the building focused on factors that enhance occupant wellbeing, such as air and water quality, natural light, physical activity and mental health,” he adds.
Logicor has signed a new lease agreement with CHS, one of Hungary’s leading IT distribution companies, for 5,580 sqm of warehouse space at Logicor Alligator Budaörs, bringing the property to 100% occupancy.
Logicor, the owner, manager and developer of European logistics assets, completed the acquisition of the property last year in the western corridor of Budapest. The newly acquired freehold asset comprises approximately 28,000 sqm of warehouse and office space located within the M0 Budapest ring road.
“The acquisition strengthens Logicor’s position in this key location. It also consolidates four neighboring logistics parks in Budaörs, creating a combined logistics cluster of nearly 100,000 sqm in a prime, well-connected location,” comments Domonkos Joó, senior director and head for Hungary and Austria at Logicor.
“This transaction highlights the continued strong demand for well-located logistics space in the western Budapest submarket, despite a more competitive market environment, particularly amongst those focused on efficient distribution operations.”
In Hungary, Logicor operates 172,000 sqm of logistics space across eight parks, predominantly located along Budapest’s most important transport corridors. As of 2025, the firm’s total European portfolio encompassed 19 million sqm of warehouse space in key transportation hubs and near major population centers.
This article was first published in the Budapest Business Journal print issue of April 10, 2026.
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