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Moving IT firms Electrify the Budapest office market

8/31/16

Before the global economic crisis the financial sector dominated the Budapest office market, banks leased the greatest number of new offices, impressive new headquarters were built for them. By now the situation has changed: the biggest players are from the ICT (information and communication technology) sector in Budapest, leading companies are building new headquarters, and the globally influential Hungarian companies are moving into larger and larger offices.

American investors represent an increasingly significant weight in Hungary

8/10/16

In CEE investors may face scarcity of attractive products. Investment into Central and Eastern European (CEE) countries (excluding Russia) for H1 2016 registered a substantial increase (59%) compared to same period of last year, surpassing €5 billion.

IMMOFINANZ: Net profit for 2015/16 negatively influenced by Russia and non-recurring effects, dividend of 6 cents per share planned

8/1/16

IMMOFINANZ recorded net profit of EUR -390.4 million for the 2015/16 financial year (2014/15:EUR -376.6 million). The year-on-year decline resulted primarily from EUR -469.8 million of negative effects from the foreign exchange-adjusted valuation of the Russian portfolio and from a decrease in rental income to EUR 314.5 million (2014/15: EUR 385.6 million) which was caused by temporary rent reductions in Moscow and the planned sale of properties.

The latest economic facts about CEE reveal the region’s mission: to outperform

7/26/16

Jaguar Land Rover invests $1.6bn in Slovakia, the world's first Hyperloop railway will connect Bratislava and Vienna in 20 minutes, Poland and the Czech Republic sign strategic deals with China, Germany's most important trading partner is the V4 group, and nine Romanian cities are among the top 15 cities with the highest Internet download speed in the world. If these facts surprise you then it is high time to catch up with the latest facts and explore the economic and investment potential of the region in the latest CEE Investment Report 2016: Mission to Outperform, compiled by Skanska, JLL, Dentons, in cooperation with ABSL.

The BRF second quarter 2016 office market data

7/22/16

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises of CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) hereby reports the Q2 2016 office market analysis.

CPI Human Innovation Program

7/14/16

By its lately launched Office@your service campaign, CPI Hungary would like to draw attention to its new program, wherein a service package was introduced to ease the day-to-day routine of those working in the office block and bring some more colour into usual office life.

Szamos Today – New Trends and Traditional Elegance at the Parliament

7/12/16

One of the most successful Hungarian family businesses, Szamos Marzipan opened a three-storey retail unit next to the House of Parliament in Budapest. The café, the construction of which DVM group took part in, boasts a superb view of Kossuth square. With its modern style and expanded product range, the coffee house represents a new direction within the Szamos ventures.

IMMOFINANZ expands with STOP SHOP: 57th retail park opened, further locations planned

6/30/16

IMMOFINANZ is continuing the expansion of its STOP SHOP retail park chain at a fast pace: the 57th location was opened today in the Polish city of Szczytno. After Niš in Serbia and Świnoujście in Poland, this represents the third project completion in two months – and the next locations have already been identified: a STOP SHOP will open in the Serbian city of Valjevo during early autumn, and in Poland preparations are underway for retail parks in Pultusk and Gdynia.

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