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Office Market News

Creating Value in Hungarian Real Estate

GTC Hungary, the leading international office developer in Budapest, has completed its latest office building in the capital. The GTC White House is a brand new A-class office building of 21,500 m2. The state-of-the-art project features exhilarating, uplifting green architecture, including an entirely refurbished turn-of-the-century stand-alone loft building of 2,000 m2.

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DVM group Appoints New Head of Design

DVM group appointed Ida Kiss to head up its design department. The architect professional manages and supervises a team of more than 40 people while is also responsible for smooth client relations and the coordination of high-level design processes.

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evosoft Hungary to move into new office building by 2021

Leading Hungarian IT company evosoft Hungary Kft, 100% owned by Siemens, to rent a soon-to-be-built office building in Budapest

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United 4 Skyline Tickets renews lease at Oktogon Ház

United 4 Skyline Tickets tenant for decades, continues to rent at Oktogon Ház

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With the help of JLL consultancy the occupancy of Central Palace has reached 100 percent

In the first quarter of 2018 one of the significant deals of JLL's office leasing division was the leasing agreement with MITO advertising agency who is moving to 3,000 square meters in Central Palace, whereby JLL represented the landlord Kuantum Kft. The advertising agency will occupy its new office in Q3 2018.

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Blue Cube welcomes Fővárosi Vízművek

S IMMO Hungary has concluded one of the largest office lease agreements of the first quarter of 2018 in Blue Cube office building. This, together with some other deals, has pushed the occupancy of the building over 90%.

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Interview of Filippo Rean, director of the real estate division of Reed MIDEM - MIPIM and MAPIC markets.

With his expertise, he speaks to us about his vision of PropTech and enlightens us on the trends to follow.

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SAVILLS COMPLETES ACQUISITION OF Cluttons middle east business

International real estate advisor Savills has completed the acquisition of Cluttons Middle East, a leading real estate consultancy business in the region.  The business employs 190 staff in seven locations throughout the region, providing Agency, Management and Consultancy advice in both the Commercial and Residential sectors.  The acquisition, which was completed on 31 May will see Savills take full ownership of Cluttons Middle East, a business which has been established in the region for more than 40 years.

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