News, analysis and lease transactions from the Hungarian office market
The 433+ million members of LinkedIn have voted with their actions and selected JLL (NYSE:JLL) as one of the top companies in the world at attracting and keeping top talent. The Top Attractors list is the first ranking of its kind based entirely on user activity such as job applications, career website engagement and employee retention. Ranked in 29th position globally, JLL is the only real estate company on the list.
Diófa Fund Management is pleased to announce the purchase of Europark shopping centre in Budapest from Unibail Rodamco, the leading listed commercial property company specialized in shopping centres.
Within two months the OTP Real Estate Investment Fund has already added the second logistics property to its portfolio. The 35-thousand-square-metre warehouse complex is located in South-Pest, within the Gyál Business Park, near the M5 motorway and several multinational companies.
Only 6 months after welcoming its first tenants Pódium Office building is now close to an occupancy rate of 60%. Following a complete renovation in 2015 the building located in the downtown theatre district of Budapest has quickly become very popular for companies with a creative and technical background.
This year the number of visitors increased by almost 9 percent, and turnover by 10 percent in the Campona shopping center. South Buda’s prominent mall - managed by CBRE - has introduced new green solutions, and besides the familiar family programs, it awaits visitors with events related to fashion.
DVM group announced the appointment of Orsolya Simon to the position of marketing & PR director. Orsolya is responsible for the overall communication of the integrated building services provider, with special focus on the design, construction, project management and sustainable consultancy businesses. Prior to joining DVM group, she worked for global property advisor CBRE for more than a decade, where she built up and ran the marketing and PR division in Hungary.
Pólus Center is waiting its customers with further developments this year: refurbishing its first domestic store, CCC is offering affordable shoes to its customers now on 930 square meters in the mall managed by CBRE.
Investment into Central and Eastern European (CEE) countries (excluding Russia) for Q1 2016 registered a slight decrease (6%) compared to same period of last year, reaching €1.84 billion. Expectations are that for the entire year, investment volumes will reach and exceed the record volumes of 2015, with all CEE countries expected to perform strongly.
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