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Office Market News

The Budapest Research Forum hereby reports its Q4 2018 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 Q4 2018 office market summary.

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Metropolitan Garden: new apartment complex to be built in Budapest by WING

As a follow-up to its highly successful Kassák Residence project, WING is developing a new residential project offering smart solutions at a desirable location in District 13, Budapest under LIVING, its umbrella brand specialising in residential properties.

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WING Sells Angyal Office Building to B&B Hotels, the Leading French Economy Hotel Chain

WING has sold the Angyal (Angel) office building, set adjacent to Boráros Square in central Budapest, to French economy hotel chain B&B Hotels. The building will be converted to a hotel based on the two companies’ strategic agreement, and become B&B Hotels’ first hotel in Hungary, with WING taking on development tasks.

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More than €1.8 billion transacted on the Hungarian commercial real estate market in 2018

During 2018 the total commercial real estate investment transaction volume passed the €1.8 billion level in Hungary, marking the third consecutive year of stable and strong investor appetite and the highest annual transaction volume since 2007– according to JLL Hungary's latest forecast.

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CBRE 2019 Market Outlook: European Real Estate Markets Continue To Build Momentum despite Global Uncertainty

The European property sector is expected to grow and bring new opportunities, despite continued downside risks, according to CBRE’s 2019 EMEA Market Outlook report.

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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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