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Váci33 is a nine storey category “A” office building located in one of the major office location of Budapest, on Váci office corridor. It is one of the most outstanding buildings i...

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Testimonials

2019 Record year for continental European Real Estate Investment, Hungarian volume fairly consistent with previous years

Commercial real estate investment volumes in Continental Europe reached a record high of €248bn in 2019, according to global real estate advisor, CBRE. This represents a 2% increase from €243bn in 2018, which was previously a record for investment volumes. Across the whole of Europe (including UK and Ireland), investment volumes totalled €315bn in 2019, down 2% from €322bn in the previous year. The small decrease in 2019 was due to a 19% decline in UK volumes reflecting investor caution in the face of ongoing political uncertainty. Even with the shrinking UK volume, 2019 was the second strongest year on record for European investment, after 2018.

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EPAM Systems is the first tenant of Forest Offices, Debrecen

Cushman & Wakefield, Hungary’s leading real estate firm advised Capstone Befektetési Alapkezelő Zrt representing, Garda Ingatlan Fejlesztő Befeketetési Alap the owner of Forest Offices, in the lease negotiations with EPAM Systems.

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First building of Aréna Business Campus topped out

In December 2019, Atenor and its contractor team, Péter Építő Kft. held a topping out ceremony for Aréna Business Campus Building ‘A’ as the structural works were completed and the development is going according to plans.

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Interview

Tenant experience brought up to next level

Vincent Vallois MRICS, Co-Founder of Online Real Assets – CEE Partner of Spaceflow tenant experience application – sees the market from a new perspective. Online Real Assets has just launched Spaceflow in Hungary and they see great potential and momentum for a space-as-service transition of the commercial real estate market.

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If the tenant community is open to an idea, we implement it

According to Viktor Nagy, Country Manager Operations at IMMOFINANZ Hungary, the myhive concept launched two years ago is a full success: tenants highly appreciate the range of services available within the office buildings and the measurable benefits of smart ideas helping them acquire new business partners. What workforce retention ability has to do with office buildings, and where the next business quarter will be - among other things, we talked about these topics.

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MORE INTERVIEWS »

Tenants

Date Business Center Tenant m2 Agency
2020 Q1 Forest Office Debrecen EPAM Systems 2100 Cushman & Wakefield Kft.
2019 Q4 Népliget Center Trans-Sped Kft. 610 Property Solution Group
2019 Q4 MOM Park VMLY&R 1150 Property Support
2019 Q4 Science Park MKB Consulting Kft. 572 Property Solution Group

More Transactions »

Best of 2020

  • Largest Rental:

    Forest Office Debrecen - Cushman & Wakefield Kft., with 2100m2 rented space

  • Most Active Office Building:

    Forest Office Debrecen, 1 db rentals, with 2100m2 rented space

  • Most Active Agency:

    Cushman & Wakefield Kft., 1 transactions, transactions total space: 2100 m2

Best of 2019

  • Largest Rental:

    GTC Pillar - GTC Magyarország, with 27500m2 rented space

  • Most Active Office Building:

    GTC Pillar, 1 db rentals, with 27500m2 rented space

  • Most Active Agency:

    GTC Magyarország, 1 transactions, transactions total space: 27500 m2

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