The investment and property manager Porreal, a subsidiary of the Austria-based construction company Austrian Porr, has entered the Hungarian market. It’s an attempt by the company to gain exposure not just to construction in the country, but in the operation of buildings as well. Porreal aims to represent owners, energy management, and to provide infrastructure services, project counselling and trade management.The company expects to produce revenues of €30m return this year. CEO of the Hungarian Porreal LTD is Tibor Karsai, who was the CEO of the Austrian company First Facility.
