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Office Market News

It is official: JLL has started the lease of Exchange Palace as exclusive agency

JLL’s office group has received the exclusive leasing mandate of Exchange Palace which is one of Budapest’s most prominent office building projects at the moment.

New, Class A office building to be built in Debrecen

The construction of a new Class A office building was announced in Debrecen. The 22,000 sq m office building will be constructed using the latest technical and eco-friendly solutions, and it will be the largest office building in Eastern Hungary. The building, set to be completed in the 3rd quarter of 2018, is designed by Bord Architect Studio; office leasing, green certification and project consultation will be provided by the Hungarian office of Colliers International.

CBRE continues to manage Campona and Pólus Center shopping centres

After acquiring the shopping centres CPI Property Group has again entrusted CBRE to manage its new properties.

Techwave Moves to CityZen Offices

Techwave, a leading global IT services and solutions provider has opened a Regional Development Centre in Budapest in April. The company’s new, 382 m2 headquarters are located on the 3rd floor of the A+ category CityZen Office Building. By opening a new office in Budapest, Techwave aims to accommodate rapid growth and leverage the region’s diverse high-technology talent pool.

GE Opened a Cosy Restaurant for its Employees

GE opened a special canteen in Váci Greens office building for its own employees. The 1100 sq m restaurant on the ground floor of building B was constructed by DVM group, and was designed to create a cosy eatery and meeting place for the leading global digital company’s personnel.

Hungary Attracts 19% of Retailers Planning To Expand Their Store Network in Europe

The UK has taken the top spot as the most popular destination for retailers looking to expand their store presence in EMEA in 2017. 65% of retailers cited the UK as their target market for expansion, according to the latest research from global property advisor, CBRE. 19% of retailers, however, target Hungary which is the fifth most admired market along with Spain and the Netherlands.

Leading Healthcare Company Expands in Park Atrium

The Hungarian affiliate of one of the leading healthcare companies of the world created its new office spaces with the help of DVM group in Park Atrium office building. The company has already been present in several blocks and levels of the building, with its new leases occupying nearly 730 square meters on the 1st floor of B2 and up to 360 square meters on the ground floor of B4. The international company entrusted DVM group with design and construction tasks, while project management was provided by the global real estate services firm Cushman & Wakefield.

New tenants in Óbuda Gate office building

Diófa Asset Management is delighted to announce four new tenants leasing over 3 700 sq m in the landmark office building Óbuda Gate. Diófa Asset Management representing the owner, redeveloped several parts of the 14,000 sq m GLA office building to fit tenant’s expectations and to be more competitive on the market. Two property agencies are co-exclusively working on the office buildings’ leasing strategy: Robertson Hungary.and Jones Lang LaSalle.
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