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Office Market News

Museum quarter design tender on way

An international design tender for five buildings in the planned museum quarter in City Park will be launched before the end of the year, ministerial commissioner László Baán has announced.

Occupancy of Office Garden I nearly reached 90%

Office Garden I represented by Robertson Hungary has won a new tenant therefore occupancy of the office building nearly reached 90%. BME- Infokom Innovator Nonprofit Kft., concerned in Research and Development activities has rented the entire second floor of Office Garden I.

BRF - Q3 2013 office market analysis.

The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, Jones Lang LaSalle and Robertson Hungary) hereby reports its.

Mark French wins the CBRE Urban Photographer of the Year competition

British photographer, Mark French has been named as the winner of CBRE’s 2013 Urban Photographer of the Year competition, beating over 12,500 entries from around the globe with his striking Hong Kong image titled ‘Looking good at work’. The annual competition run by CBRE, the world’s largest property advisor, is now in its sixth year and is the largest global photography competition of its kind.

Hungary retail sales up 1.5 pc in August

Retail sales in Hungary rose a calendar year-adjusted 1.5 percent year-on-year in August after climbing 1.2 percent in the previous month, the Central Statistics Office (KSH) said in a first reading of data published on Thursday.

Alkotás Point in CBRE 's office portfolio

This year CBRE is involved in the leasing services of one of the iconic properties of Budapest - decided the owner of Alkotás Point, Heitman. Since September 2013, the iconic office building of Budapest’s southern gate, the Alkotás Point belongs to the offices represented by CBRE. The A-class office complex made up of three wings is managed by the American real estate firm, Heitman since 2012, who refurbished both the common areas and mechanical parts of the buildings with an - in Hungary previously unique - investment of 2.5 million Euros.

German cities lead CBRE ranking of Europe’s property investment destinations

Germany boasts five cities in CBRE’s ranking of Europe’s ten largest commercial real estate investment destinations for the first time, according to the latest research from global property advisor CBRE.

NGOs line up against ski development project in Budapest hills

Greenpeace, Védegylet and the World Wildlife Fund are among six environmental organisations objecting to plans for a ski and leisure centre in a protected area on Normafa in Budapest’s 12th District.