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Office Market News

Millennium Gardens, one of Europe’s Most Modern and Energy Efficient Buildings, with Leading ESG Development Practices Opens with Over 90% Occupancy of Phase I

The first phase of Millennium Gardens 'A+ category’ office building in Budapest, Hungary has opened its doors with an occupancy rate of over 90%.

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IMMOFINANZ: Letter of intent for the sale of the Hungarian office portfolio

IMMOFINANZ has signed a letter of intent for the sale of its Hungarian office properties to S IMMO

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ConvergenCE is the first to launch VTS Rise platform in ACADEMIA office building

ConvergenCE is the first company in Hungary to commit to the WiredScore certification, with a special focus on connecting people, spaces and technology.

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IMMOFINANZ acquires CPIPG's retail portfolio

As part of its value-creating growth strategy with a focus on high-return properties, IMMOFINANZ is acquiring 53 retail properties in the Czech Republic, Poland, Slovakia and Hungary from its majority shareholder CPI Property Group (CPIPG)

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97% Occupancy Rate For Revetas Capital Retail Portfolio in Hungary

Revetas Capital is pleased to announce that it has achieved an occupancy rate of 97% in Park Center Hungary, its retail portfolio of 12 properties in Hungary

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New real estate development near Budapest

A 1,500 square meter real estate development is underway in the SÓSKÚTI IPARI PARK, located next to the M7 motorway in the Budapest area

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Swiss travel agency relocates to square named after Swiss reformer

One of Europe’s most rapidly growing online travel platforms, Risskov, has found a new home in Budapest, at Kálvin Square.

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Investors continue to view the Central and Eastern Europe investment market as an attractive destination

Most Central and Eastern Europe (CEE) economies have seen faster recoveries post COVID than Western EU economies, with Poland, Hungary, Romania and the Baltics being especially strong performers.

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