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Office Market News

Office Garden Office Park is expanding, the construction of Office Garden IV has started

The popular office park of South Buda office market is expanding, the construction works of Office Garden IV has started. After the success of the first three phases GRT Group, the developer has decided on starting the construction works of phase 4. The office building is exclusively represented by Robertson Hungary as in the previous phases. Office Garden IV is scheduled to be completed in Q2 2021.

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New Business Development Director at Horizon Development

Horizon Development, the premium Hungarian real estate developer, announced the appointment of Tamás Ádány – former CEO of OTP Real Estate Plc. – to the newly created position of business development director.

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WING now owns Liget Center Office Building

Hungary’s property market leader, WING, has purchased the Liget Center Office Building located next the City Park (Városliget) in Budapest. The property consists of a 7,000 sqm office building and a nearly 3,800 sqm auditorium. WING intends to upgrade the building’s services, implementing value-added features and finding a new function for its auditorium, which is currently vacant.

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New Associate Partner Appointed at Horizon Development

The Horizon Development Board is now complete with new associate partner Gabriella Sasvári, who will also continue in her current position as development director.

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Student accommodation in CEE: The next big thing?

A new report by Colliers International and international law firm CMS has revealed that Central and Eastern Europe may be facing a significant shortfall in student housing in the next 10 years

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WING is building a new community residential park in the 13th district, next to Lehel tér

WING Zrt.’s launching its third residential investment, Park West residential park, in the heart of the 13th district, next to Lehel tér, under LIVING, the Company’s umbrella brand of residential properties.

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The Budapest Research Forum hereby reports its Q1 2019 office market summary.

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q1 2019 office market summary.

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FY 2018 in HUNGARY as of 31 December 2018

FY 2018 in HUNGARY as of 31 December 2018

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