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Office Market News

New tenant on Váci corridor

1/15/15

BC140 welcomes a new tenant, Főber Zrt. The company signed a lease agreement for almost 1 400 sq m office space situated on the popular Váci street office corridor. The owner was represented by DTZ.

London remains world’s most expensive office market

1/12/15

Three of Five Priciest Markets are in Asia, five of 10 Fastest Growing Occupancy Cost Markets are in U.S. London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, according to CBRE Research’s semi-annual Global Prime Office Occupancy Costs survey.

Eiffel Palace wins three prizes at FIABCI Hungary Prix d’Excellence Awards

12/18/14

The prestigious downtown office building, Eiffel Palace, received triple recognition last week at the FIABCI Hungary Prix d’Excellence Awards Ceremony. The competition and the event were both held by the Hungarian FIABCI Chapter and the Hungarian Real Estate Association, and endorsed by Mr. Zsolt Füleky Deputy Secretary of State for Architecture.

CBRE Hungary Moves to Eiffel Palace in the New Year

12/16/14

CBRE Hungary, the local affiliate of the world’s largest property advisor signed a long term lease contract in one of the most prestigious office buildings in Budapest. The company will move its head office to Eiffel Palace in Q1 2015.

Central European Office Market Update

12/11/14

According to Cushman & Wakefield (C&W) the world’s largest privately held commercial real estate services firm’s latest Central European office market update, by the end of September 2014 take-up in the CEE region exceeded 1.17 million sq m compared with only 410,000 sq m of new supply being delivered to the market.

10.000 sqm tenant stays with CA IMMO

12/8/14

New lease contracts signed in the past few weeks cover an office space of all together 3000 sqm and 2500 sqm retail space at Dunacenter. In addition, contracts were renewed with several existing tenants in 2014. Recently, Hewlett-Packard has renewed its 9 500 s qm lease agreement in Bartók Ház office building, while Avon has moved into Capital Square as new tenant. In the January-October period CA IMMO has signed lease contracts for more than 51000 sqm.

Sándor Demján Receives Lifetime Achievement Award in Poland

12/4/14

The representatives of the European real estate sector have gathered for the fifth time at the gala organized by the market leader EUROBUILD Magazine in Warsaw. At the event, the region’s most successful companies, development projects and businessmen are awarded.

Skanska launched its Nordic Light office project in Budapest

11/26/14

Skanska started the construction works of its seventh office building in Budapest. Nordic Light, as it has been named, is being developed on inner Váci road, the main office corridor of Budapest. Phase I is scheduled for completion in the first quarter of 2016.

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Harkácsi István

+36 30 644 7655


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