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Health & Beauty to lead rateil space requirements over next five years says CBRE

Retailer demand for physical store space will remain steadfast throughout a number of key retail markets over the next five years, with the Health and Beauty sector leading the way in driving future growth requirements according to global real estate advisor CBRE

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Atenor is unstoppable: the newest, Váci Greens Building F has also found its tenant

The Hungarian insurance company, NN Biztosító, signed a 5,500 m2 office lease agreement in the next building of Váci Greens, Building F, which is still under construction. The construction of the 24,300 m2 Váci Greens F is in full swing and according to plans, with its first tenant moving in June 2020.

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Immofinanz financial result

Results of the Q1-3 2018 in HUNGARY as of 30 September 2018

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We are on a constantly growing track

According to Viktor Nagy, country manager of IMMOFINANZ Hungary, the office market is not growing indefinitely, but with a sophisticated service palette, an office-building operator can be successful in the long term. We talked about rent levels, myhive and the overall market.

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Growth is important, but we also have to make profit

Mr. Hubert Abt managing director of Property Systems says, that the one who constantly is concerned about how long the business is going, shouldn’t start an enterprise. We also discussed the limits of growth, the transformation from Ltd. to a listed company and what makes design passionate. The starting point of the conversation is that a new center of NEW WORK Offices just opened, which is also the company's first location at Buda side.

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Date Business Center Tenant m2 Agency
2018 Q4 Váci Greens F. NN. Biztosító Zrt. 5500 Cushman & Wakefield Kft.
2018 Q4 Agora Budapest Raiffeisen Bank 20000 HB Reavis Hungary Kft.
2018 Q4 Gyömrői út 115 irodaház 350 Perfacta KFT
2018 Q4 Gateway Irodaház PRÉMIUM Pénztárcsoport n/a CPI Hungary Kft.

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Best of 2018

  • Largest Rental:

    Evosoft - WING Zrt, with 20400m2 rented space

  • Most Active Office Building:

    Evosoft, 1 db rentals, with 20400m2 rented space

  • Most Active Agency:

    WING Zrt, 1 transactions, transactions total space: 20400 m2

Best of 2017

  • Largest Rental:

    City Gate Irodaház - Cushman & Wakefield Kft., with 5000m2 rented space

  • Most Active Office Building:

    CityZen Irodaház, 5 db rentals, with 5167m2 rented space

  • Most Active Agency:

    Property Support, 10 transactions, transactions total space: 9880 m2

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