2020 CEE investment volumes end up at €10.4 billion, 24% behind 2019 levels.
Poland, Czech Republic and Hungary all saw YoY declines in volumes.
Office market news
News, analysis and lease transactions from the Hungarian office market
Colliers Unveils New Visual Identity
Colliers International (NASDAQ and TSX: CIGI) announced today the launch of a new visual identity as part of its global brand strategy. Designed for today’s evolving digital era, the refresh is a natural evolution of the iconic Colliers brand.
Cushman & Wakefield’s office agency team lead the way
In closing 71 transactions and leasing over 87,000 sq m of office space, Cushman & Wakefield retained its preeminent position amongst its peers, accounting for 44% of all space leased by agents in 2020.
Prague, Budapest and Warsaw at the Centre of Hotel Operators’ Interest
Though significantly affected by the COVID-19 pandemic and its impacts, the hotel market remains a focus of attention for hotel operators
ATENOR expands BakerStreet, its second office development project in Buda
ATENOR has signed an agreement relating to the acquisition of another plot in District XI of Budapest, under 20 Hengermalom Road, with an area of 8,326 m². The plot is next to ATENOR’s planned project, BakerStreet, and similarly, an “A+” category office building will be developed on it as Phase II of BakerStreet.
European investment volumes hold up better than expected amid economic fallout from the pandemic
Commercial real estate investment volumes across Europe reached €275bn in 2020.
Ede Gulyás to join Colliers to lead the office agency team
Ede Gulyás will join Colliers Hungary per February 1 to take up the position of Director and Head of Office Agency.
The Budapest Research Forum hereby reports its Q4 2020 office market summary.
The Budapest Research Forum (hereinafter the ‘BRF’, which comprisesCBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q4 2020 office market summary.
