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Office Market News

Demand for office space in Europe set to accelerate

6/12/14

In Hungary large occupiers have limited options of immediate availability and they shall consider pre-lease or BTS. Corporate real estate occupiers are expected to return to the market with new office space requirements across Europe as 2014 progresses, according to the latest research from CBRE, the global real estate advisor.

officerentinfo.hu appointed the official office search portal for the British Chamber of Commerce in Hungary

6/11/14

The Hungarian member of Europe’s only independent network of office search portals has been appointed the official office search portal for the British Chamber of Commerce (BCCH) in Hungary, effective as of today.

New office and new upswing at Mazars

6/10/14

The biggest tax advisory firms are on the move which is proved by the numerous press releases about advisory firms’ office and headquarters projects. PwC has just moved in the recently handed over Eiffel Palace office building, the completion of KPMG’s new headquarter on Vaci road expected in August, Mazars has committed itself to a new office building. Vivid interest of the enterprises of the advisory sector indicates that it is worth to reconsider strategies related to office area utilization.

CBRE named to FORTUNE 500 for 7th straight year

6/6/14

CBRE Group Inc. has been named to the FORTUNE 500 list of the largest U.S.-based companies for the seventh straight year. CBRE was the highest-ranked commercial real estate firm in the 2014 rankings and remains the only commercial real estate services firm ever included on this prestigious list.

Colliers International acquires property management company in Hungary

6/4/14

Global real estate firm Colliers International has acquired Property Partners, an established Property & Facility Management company in Hungary. The two parties will establish a new company bringing together Colliers Internationals’ existing and the newly acquired business with immediate effect.

Green House Among the World’s Best Office Buildings

6/2/14

Green House was chosen to be the World Gold Winner in the office category for the FIABCI World Prix d’Excellence Awards 2014. The highest recognition was handed over by Dr. Flavio Gonzaga Nunes, the World President of FIABCI, during the 65th Fiabci World Congress and World Prix d’Excellence Awards Presentation Ceremony on the 21st of May in Luxembourg.

C&W SECURED ITELLIGENCE AT INFOPARK A

5/27/14

Cushman & Wakefield (C&W) the world’s largest privately held commercial real estate services firm, representing CA Immo has secured new office space for itelligence Hungary’s HQ extending to over 900 sq m at Infopark A in Budapest.

Significant pipelines in the Czech Republic

5/26/14

With GDP growth of 2.6 percent predicted for 2014 the Czech Republic is successfully recovering from the market downturn of the last two to three years with a substantial pipeline in the Prague office market, although concerns have been expressed with regard to rising vacancy. Take up in the industrial sector is increasing across the country as leading developers are opting for a more cautious built-to-suit development model.

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Harkácsi István

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