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Office Market News

Skanska sells Corso Court office building in Prague to Invesco Real Estate

Skanska has sold Corso Court, its office project in Prague. The building has been purchased by global investment manager Invesco Real Estate on behalf of one of its German separate account mandates. This is Skanska’s second investment in the Czech capital to be acquired by Invesco Real Estate.

GLOBAL REAL ESTATE INVESTMENT RECORDS STRONGEST FIRST HALF SINCE 2007

Global commercial real estate (CRE) investment reached US$407 billion in H1 2015, the strongest first half to a year since 2007, and up 14 per cent year-over-year, according to the latest research from global property advisor CBRE Group, Inc.

Eiffel Palace Wins Prestigious European Leadership Award

At Greenbuild Euromed in Verona last Thursday, the World Green Building Council (WorldGBC) announced the winners of the Europe Leadership in Green Building Awards 2015. Eiffel Palace, a unique office building in the heart of Budapest with a LEED Gold and BREEAM Very Good certificate took the award for Leadership in Building Design and Performance.

The Budapest Research Forum hereby reports the Q3 2015 office market analysis

The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) hereby reports the Q3 2015 office market analysis. Two schemes were delivered to the market in the third quarter of 2015 adding a total of 27,800 sq m to the modern office stock. This includes the refurbishment of Erzsébet Irodaház A and the delivery of owner-occupied Bosch HQ second phase.

V17 reaches its highest point

The V17 Office Building in Váci út has reached its highest point, and property developer WING Zrt. marked the occasion with a topping-out ceremony and a tour of the building. The event was attended by District 13 Mayor Dr. József Tóth, as well as representatives of one of the office building’s major tenants, E.ON.

Q3 preliminary volumes keep CEE on track for a record level of investment activity in 2015

International advisory company JLL presents its preliminary summary of investment transactions concluded in Q1-Q3 period of 2015 on the commercial real estate markets across Central and Eastern Europe (CEE). The summer months have again seen a hive of activity across the CEE with a preliminary transaction volume of well over €2.8 billion recorded in the third quarter.

ConvergenCE wins property management of Budapest office portfolio

ConvergenCE has taken over the property management of Kálvin Centre, Duna Office Centre, and Baross 52 after a competitive tender. The buildings total approximately 30,000 sqm and were recently acquired by a UK based investment management fund.

New Location Added to the Warehouse Search Network: Warsaw, Poland

Our Warehouse Search Network has been growing steadily with new locations since the initial launch in Romania and Hungary. Today, we are pleased to announce the launch of our new websites: Magazynyinfo.pl and warehouseinfo.pl in cooperation with EuropaProperty.com.
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