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Office Market News

Europa Capital sells its Budapest office portfolio

8/4/17

Europa Capital has concluded the sale of the Kalvin Portfolio, Budapest. The Kalvin Portfolio comprises two City Centre office buildings in Budapest with a total floor area of approximately 26,000 sq. metres.

Senior Global Occupier Services Hire to Lead Portfolio Services Centre in Budapest

8/2/17

Cushman & Wakefield has appointed the former Head of Transactions at Goldman Sachs International to lead its Portfolio Services Centre (PSC) in Budapest, Hungary, part of the rapid expansion of the firm’s EMEA Global Occupier Services (GOS) platform.

Krisztina Palace: Buda’s landmark office building sold to Erste Real Estate Fund

7/31/17

Krisztina Palace the landmark office building of the Buda side has been sold to Erste Real Estate Fund from the current owner Union Investment. The deal was facilitated by CBRE the world’s leading real estate consultant, representing the seller.

European Investment Booms with 25% Year on Year Increase

7/26/17

Total real estate investment in Europe reached €74bn in Q2 2017, representing a 25% increase on the same period last year, according to the report from global real estate advisor, CBRE. Central Europe as a region proves to be more attractive to international investors than last year with Hungary accounting 15% of the overall investment volume.

Infogroup won Superbrands award for the third time

7/20/17

The 22-member independent board of Business Superbrands program awards this prestigious prize to the best B2B brands. Infogroup has won three times in a row.

The Budapest Research Forum hereby reports its Q2 2017 office market summary.

7/10/17

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) hereby reports its Q2 2017 office market summary.

TREI Real Estate successfully exits from its Hungarian investments selling 40 Spar supermarkets to Erste Asset Management

7/10/17

The completion of the largest Hungarian retail portfolio transaction in 2017 happened on the last day of the first half year. TREI Real Estate, the property estate arm of the German Tengelmann Group, successfully sold a portfolio of 40 Spar leased supermarkets to Erste Asset Management.

Michael Smithing returns to the Hungarian office market

7/5/17

Colliers International Hungary is pleased to announce that Michael Smithing has returned to the Office Agency Team as Director of Landlord Representation, effective immediately.

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