News, analysis and lease transactions from the Hungarian office market
The fourth phase of the category „A+” Váci Greens Office Complex, the 15,647 sq m, already 60% leased Building „D” is handed over. The office campus located in the heart of the Váci „Office Corridor” will be completed entirely by the Belgian developer, Atenor in the next two-three years by when the last two buildings („E” & „F”) are planned to be finished.
The Supervisory Board and Executive Board of IMMOFINANZ AG today decided to continue the suspension of detailed discussions over a possible merger between CA Immobilien Anlagen AG (CA Immo) and IMMOFINANZ for the time being and to also evaluate other strategic options.
Although offices still comprise the majority of certified green buildings in Hungary, other types of properties are increasingly being certified, according to Colliers International’s latest Green building market report.
We are happy to announce that Mazda Motors has recently signed a long-term lease agreement for Infopark Building I.
IMMOFINANZ was awarded as “Asset Management Company of the Year” in 2017 at Office of the Year Competition.
As of 01 March, Géza Barabás will lead the S IMMO subsidiary in Budapest and hence be responsible for the Hungarian Portfolio Management.
Akadémiai Kiadó and Wolters Kluwer Ltd chose their new headquarters at the presently renewing Lokomotív Ház, which is located in the most popular office area of Újbuda. CBRE Hungary has advised them to find the best office solution. They will become the biggest tenants of the office park from this May.
Hungary’s leading property company, WING Zrt, has acquired a retail portfolio which includes the EuroCenter Óbuda Shopping Center as well as two properties in the regional city of Szombathely.
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