Future of the Hungarian retail market

Tuesday, 20 September 2011, 10:30 The trends of the last years imply that classic ‘high street’ shopping is again gaining ground and shopping centers are also being redefined. Do you see any real changes in this field? What kind of shopping trends do you expect? What are the...

Where is the CEE and Hungarian retail market headed? (x)

Wednesday, 10 August 2011, 10:35 The retail market in Hungary has gone through tremendous changes in the last couple of years. On the one hand retail sales in Hungary and in most CEE countries have fallen significantly. As a consequence of this many retailers faced serious difficulties...

On the “shadier” side of the Earth

Thursday, 5 May 2011, 8:00 In terms of solar energy use, due to a lack of subsidies, Hungary lags far behind the rest of Europe. Neither the power plant, nor the residential-commercial segment have shown any significant interest in solar energy so far; not surprising, considering...

Supplying stadiums with clean energy

Monday, 2 May 2011, 8:00 Sustainability, the creation of a more livable environment, and its related “green image” business opportunities are certainly present in the sports industry, too. The countries and their cities that host Olympic games have long strived to...

We need the national stadium - A maze of domestic sports developments

Wednesday, 20 April 2011, 9:15 Few would be surprised to hear that there are still huge problems surrounding sports infrastructure in Hungary. Although there are some positive examples of improvement, such as the Sportaréna, the stadium on Megyeri road, Főnix Hall in Debrecen, the...

The time to sell has not yet come

Wednesday, 30 March 2011, 8:00 Although several former Budapest’s art cinemas have found a new or transitional function, their sales wave has definitely been falling for a while. In addition to the Európa and Bem cinemas, both of which have changed ownership, Hunnia and Átrium...

Before the grand opening

Monday, 21 February 2011, 11:50 According to preliminary reports, four completely different shopping centers will be yielded this year in Budapest. In addition to the KÖKI Terminal and CET, ABLON’s Europeum and ORCO’s VÁCI1 projects will also open their gates to shoppers....

New tenants in Portico’s retail project

Wednesday, 15 December 2010, 17:10 Portico Investments, a CEE Real Estate investor and developer has announced two new committed and long term partners in their retail property located in Budapest, Soroksar retail park.

Are there buyers in the sauna? Real Estet market of the wellness cities

Thursday, 11 November 2010, 8:00 Domestic wellness tourism has become quite fashionable in recent years and the crisis has only seemed to encourage it: Many are choosing to spend their vacation time somewhere within the borders of their home country. The employer-allocated “vacation...

Electricity production in a box

Thursday, 21 October 2010, 8:00 Bloom Energy’s new technology debut this year caused quite a stir. The company presented none other but a tool representing the quintessential energy source of the future - the Bloom Box. This device contains solid oxide fuel cells, making it possible...

Sunshine just got cheaper: Significant changes on the European solar energy market

Saturday, 16 October 2010, 8:00 News keeps flooding in about European states that have championed renewable energy resources; with the majority currently reconsidering their subsidy policies. Any changes could easily reshuffle the European green investment market’s power structure....

Hungary is not yet a target country

Thursday, 5 August 2010, 8:00 Over the previous months, there have been a spate of positive developments on the region’s logistics and warehouse markets. The number of transactions in Hungary has been minimal and there has been no news about significant transactions for a good...

New players on the retail market - Several new shopping centers await handover

Tuesday, 3 August 2010, 8:00 Since the handover of the Allee shopping center, due to celebrate its first birthday in this coming November, there have been no new shopping center yields in Budapest. However, the development freeze does appear to be thawing and, if everything goes...

What is developing at the Balaton?

Wednesday, 19 May 2010, 12:00 From a developer’s perspective, what are the region’s short and long-term prospects? What kind of investment do you see as necessary to increase the number of tourists visiting the Balaton area?

Uncertain crisis effects leave downtown retail in flux - High street retail in focus

Thursday, 17 December 2009, 8:00 Vacancy rates for downtown retail spaces remain at high levels. Meanwhile, the difference in the quality between frequented shopping streets downtown and the Nagykörút continues to grow ever more distinct. Ultimately, the winner of today's challenges...

Plaza competition – Hungary and neighbors

Tuesday, 4 March 2008, 9:07 The shopping center market in the countryside has clearly livened up recently and new plazas are expected to open in several cities in the years to come. But all this is nothing compared to activity on the Romanian real estate market; our eastern neighbor...

Cushman & Wakefield brings Promod to MOM Park

Monday, 19 February 2007, 12:42 Global real es­-tate consultant Cush­man & Wakefield has leased premises in Buda's premium shopping mall, Mom Park, on behalf of the Landlord to the French clothing company Promod....

Plaza Centers: Major sites at the former Budapest racetrack and Bucharest

Monday, 5 February 2007, 17:56 Plaza Centers is planning to complete four or five new shopping and entertainment centers annually in the coming years. In Bucharest, they are due to start the biggest such project in the region with an investment of EUR 750 million, while in Budapest...

220 square meters of new plazas daily

Monday, 11 December 2006, 13:19 Ten years ago, Duna Plaza, the shopping and entertainment center in Hungary, opened to the public. Since then, some 820,000 square meters of shopping centers have been developed in Budapest and the countryside.

Cushman & Wakefield helps to choose renters for Arena

Monday, 2 October 2006, 13:46 The investor of Arena Plaza Mall has commissioned a renowned international real estate agency to choose exclusive renters for its shopping center on Kerepesi út, its biggest in Central Europe.

Divatcsarnok soon to fill

Monday, 2 October 2006, 13:10 Within weeks, work on Divatcsarnok will begin, with a European-standard luxury shopping mall to open in spring 2008. As a first step, restorers have made an assessment of the Lotz Hall within the building on Andrássy út.

Strip malls at the door

Monday, 18 September 2006, 11:13 The Budapest-centered business real estate market which had become the norm in the past years is now history. Investors are busy trying to occupy previously less popular regions and towns, before the competition does the same. And despite strong investment...

Plazas can see success outside the capital

Monday, 18 September 2006, 11:06 In countryside towns, location is the key to the success of shopping centers. As in big cities, everything is placed near downtown, as is public transportation. But it would be a mistake to think that outside the capital city different points of view...

Plaza proliferation pleases people

Monday, 18 September 2006, 10:59