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2023 a Restrained 12 Months for Deals

This has been a restrained year for development activity in the office and retail fields. That in the industrial and hotel sectors, however, has been more dynamic. Investment activity has reflected the cautious wait-and-see strategy being adopted by investors towards the Hungarian property markets and, indeed, CEE and Europe as a whole. ....

Czech Republic , Cushman Wakefield , Zsombor Barta , Benjamin Perez Ellischewitz , Erika Garbutt , Helloparks Magl , Garyj Morrell , Csaba Zeley , Hubert Abt , Katarzyna Zawodna Bijoch , Kevin Turpin , Tribe Hotel , Health Safety , Deutsche Telekom Group , Office Sector , It Solutions , Ibis Styles Budapest Airport Hotel , W Hotel Budapest , Erste Real Estate Fund , Hungarian Adventum Investment Fund Management Zrt , Holiday Inn , Ew Hotels , Hungarian Green Building Council , Properties Of Qatar , Central Europe , Business Journal ,

Developments Still Ongoing in Some Sectors Despite the Challenging Market Environment

While there are substantial pipelines for the industrial and hotel markets in Hungary, things are more limited for offices, and there are none at all for shopping centers. Questions surround the structure of demand, the ability to source affordable finance, rising construction, energy and utility costs, permitting issues, the need to incorporate ESG features, and the likely availability of an exit through a sale. ....

Valter Kalaus , Benjamin Perez Ellischewitz , Katarzyna Zawodna Bijoch , Attila Madler , Erste Real Estate Fund , Hungary Erste Real Estate Fund , Greater Budapest , Zsolt Ber , Avison Young ,