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Under the theme ‘The Green Drive of the Real Estate Market: The Green Lease’, Colliers Hungary Ltd. and Dentons Réczicza Law Firm organized a business breakfast for professionals in the real estate industry, including developers, investors, landlords, and tenants, on May 16, 2023.

NEPI Rockcastle (NRP.AS) (JSE.NRP), Europe’s third largest listed owner, developer and manager of retail properties by portfolio market value at €6.6 billion, and the largest in Central and Europe, generated a 27% rise in net operating income (NOI) in the first quarter (Q1) of 2023 versus Q1 2022, to €120 million. The sharp uptick in performance extends the trend that was accelerating through 2022 and was driven by higher base rents, tight management of operating costs and an €8.8 million contribution from the three acquisitions - Forum Gdansk Shopping Center, Copernicus Shopping Centre, 50% of Ploiesti Shopping City - made by the Group in the second half (H2) of 2022. The increase in NOI was 17% on a like-for-like (LFL) basis.

CPI Hungary has further increased its competitive advantage in the Hungarian real estate management market through an acquisition. The company relies on offering its tenants unique, flexible office solutions and wellbeing services compared to its competitors. The majority of time spent in office buildings can be meaningful, colourful and full of life. We had a chat with the Bea Déri (Director of PR, Marketing and Design of the market leader company, pictured right), and Zita Kovács-Bertók (Office Business Development Director).

Mr. Hubert Abt, founder and CEO of New Work and workcloud24 says that if we want to continue to live on this planet, ESG is inevitable for all companies. We also talked about the risks in the real estate market, the differences between ESG and CSR and how to fit 7,000 people in a building planned for 4,500 people. Tight questions and even tighter answers.

Date	Business Center	Tenant	m2	Agency
2023 Q3	Váci 1 irodaház	Finotive Group	483	Property Solution Group
2023 Q3	MOM Towers	Centrica Business Solutions Zrt.	346	Property Solution Group
2023 Q3	Krausz Palota	Craft Docs	1000	Avison Young
2023 Q2	myhive Thirteen \| Xenter	Manpower Group	1330	Property Solution Group