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Office Market News

JLL advises on the disposal of ‘K6’ - Skyscanner’s office building in Budapest

JLL has advised the Seller on the disposal of the K6 office building located in Budapest.

Trends in global real estate investment

Short and long-term European rates are expected to be benign for the foreseeable future limiting any negative impact on property markets, despite news of the recent bond sell-off in the US which could signify an end to the very low interest rate environment that has dominated the current property cycle

Knight Frank announces new office in Budapest

Knight Frank formally opened a dedicated office in Budapest, becoming a fully branded Knight Frank business from September 20th 2018.

Hungarian Real Estate Investments Continue in a Steady Manner

With investor appetite for newly-built offices remaining competitive there is also a continuous demand coming from investors seeking older, yet sustainably rentable offices with high occupancy – these refurbished offices remain attractive for the active funds in Budapest

Due to record performance CPI Property Group is still the region’s dominant real estate company

CPI Property Group, achieving significant results worldwide in the first half of 2018, has retained its dominant position in the Czech Republic, Berlin and the Central and Eastern European region.

Eventful summer at Eiffel Square Office Building

Life hasn’t stopped at Eiffel Square during this summer. The past few years Eiffel Square has become a popular community area in the city center, due to continuous revival and activities provided by the Eiffel Square Office Building and its property manager, ConvergenCE.

Electrolux finds competitive advantage in Promenade Gardens

Market leading professional and household appliances company Electrolux set up its new 1,730 sqm Hungarian headquarters this month in Promenade Gardens, the most technically advanced office building recently completed on the Váci office corridor of Budapest.

IMMOFINANZ with stronger earning power: results of operations more than tripled in half-year, FFO1 rises by 74%

Results of the Q1-2 2018 in HUNGARY as of 30 June 2018