News, analysis and lease transactions from the Hungarian office market
The Construction and Investment Journal (CIJ), one of CEE’s leading real estate magazines has awarded the best property market companies and projects in Hungary. In 2017 the winner of the Best Retail Power Broker Team and Best Capital Markets Team category were CBRE’s retail and capital markets agency teams.
The Kalvin Square office building hosted an unique art event in late October, with its façade turned into an extraordinary, vertical stage by dancers performing in the air, hanging from ropes, under the auspices of the 26th Café Budapest Festival of Contemporary Art.
As the result of the successful cooperation between ESTON International and AC Nielsen Piackutato Kft. a long term lease agreement was signed in September at the Vaci Utca Center office building.
One of the most unique Category “A” office buildings in downtown Budapest is to be delivered this year at Markó street 9: it used to be an electrical transformer building but has now been given a new identity. The attraction of the Art Deco building, which is under protection as a historical monument, derives from its busy inner city location, historical character and special interior design elements.
Twenty years ago, real estate developers used to consider the aerial photographs and videos as the only possibility (beside simulations) to give them and their clients a fabulous insight about the project’s features or failures. Pricey, hard to get and hard to process, photographing and filming “from above” was done with the aid of helicopters or taller buildings in the neighbourhood.
Healthy buildings, balanced tenant mix and carefully designed office premises make Bischoff & Compagnons’ developments successful in the Central and Eastern European region. The company’s newest office development, the Alphagon Office Building is to be completed in Q2 2019.
There was a significant decrease in the growth of supply in the first half of 2017 compared to last year’s data, with only one new building being handed over (Graphisoft Park, 5,500 sqm).
Doktor24, a company known for its professional private healthcare services, has opened a new, nearly 800 m2 luxury medical centre at the CityZen office building in Váci út.
or write to us:
The request could not be sent. Check your connection and try again.
