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Office Market News

IMMOFINANZ lets more than 8,000 sqm office and logistics space in Budapest

IMMOFINANZ Group has signed several large lease agreements for its Hungarian office and logistic buildings for more than 8,000 sq m. All of the rentals have been concluded for a period of at least three years.

The new publication of JLL Hungary provides a thourough analysis of the real estate investment market in Hungary

Hungary is experiencing a revival of its economic performance and real estate investment activity which follows several years of poor performance amid the wider European and global financial climate. “A guide to real estate investment in Hungary”, the new publication of JLL Hungary highlights that since 2013 numerous macro-economic indicators have improved and this has started to translate into real estate investment activity.

LARGEST BUDAPEST TRANSACTION OF 2014

VODAFONE RENEW & EXPAND AT ARENA CORNER

RICS at the UN Climate Summit: Moving our action agenda forward to Paris 2015

At the historic high level Climate Summit hosted by United Nations (UN) Secretary General Ban Ki-moon in New York on 23 September 2014, RICS committed to mobilise the profession and property sector leaders to actively support the work towards a binding climate deal at the UN’s formal negotiations under the 21st Conference of the Parties (COP21) in Paris in 2015.

Office Garden II received LEED Gold Certification

Office Garden II has received Gold Certification under LEED® (LEED for Existing Buildings: Operations and Maintenance, EBOM) rating scheme ─ the OGH News-Agency learnt from Norbert Szircsák, Senior Associate of Colliers Green Advisory Services. Compared to other office buildings in the market, in terms of energy consumption per m2 Office Garden II is ranked among the best and received significant score in the energy category of the LEED rating system.

Money Flowing to Property Doubles in Hungary

Appetite for commercial real estate has been on the rise worldwide due to the low achievable yields in other investment assets. In line with the improving economic fundamentals, there is also strengthening investment sentiment towards Hungary. The property Investment volume shows considerable growth on last year’s level.

France and Germany Drive Growth in European Real Estate Investment Market

The European commercial real estate investment market continued its strong performance in H1 2014, with France and Germany the main drivers of growth and the Netherlands, Sweden and Spain making significant contributions, according to the latest research from CBRE.

DBH Group Reveals New Expansion Plans to Mark 20 Year Anniversary

The Group reaches a 20-year milestone next month, which it plans to mark in style with an extravagant party in Budapest, onboard the biggest event boat in Central and Eastern Europe.
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