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Office Market News

IMMOFINANZ with a strong start into the 2022 financial year

IMMOFINANZ with a strong start into the 2022 financial year: 4.3% increase in like-for-like rental income

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STOP SHOP portfolio reached 100% occupancy in Hungary: Fully leased retail parks in 14 locations

IMMOFINANZ, one of the largest real estate investors in the region, has just leased the last free unit in its Hungarian STOP SHOP portfolio, reaching 100% occupancy rate.

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OTIS is Happy to Remain at CityZen

OTIS Felvonó Kft. extended its lease contract in the CityZen office building managed and operated by ConvergenCE.

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The Budapest Research Forum hereby reports its Q1 2022 office market summary.

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q1 2022 office market summary.

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CE LAND and NAI Global establish a strategic partnership

The Hungarian CE LAND group of companies and the NAI Global of the US are forming a strategic alliance, and the two companies will operate jointly in the real estate market under the new brand name NAI CELand. With this move, CE LAND will significantly strengthen its international network, client base and further expand its international operations through the NAI Global network

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European CRE proving resilient in the face of macro headwinds

The first quarter of 2022 was dealt a devastating shock by Russia’s invasion of Ukraine

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IMMOFINANZ with strong results in 2021

IMMOFINANZ with strong results in 2021: 46% increase in results of operations, net profit reaches EUR 346 million

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ConvergenCE’s Project Management Team Expands

Gábor Zeley, an experienced real estate expert, has joined investor and developer ConvergenCE. In his new position as senior project manager, he is primarily responsible for the renovation of Academia, the prime office building on the Danube bank acquired by Europa Capital in partnership with ConvergenCE.

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