On 25-26 September 2013, Budapest is hosting one of the largest and most prestigious events of the Shared Service (SSC) sector. Deloitte organized the 15th Shared Services & BPO (Business Process Outsourcing) Conference in cooperation with the Hungarian Investment and Trade Agency (HITA). The globally significant event attracting the highest number of participants ever was organized exactly in the Hungarian capital because Hungary and Budapest started to become one of the European hubs for the SSC sector in the past few years.
Good transportation links, the latest technological infrastructure, quality services, environmentally friendly construction and operation – these are the complex demands of the 21st century. Only a small number of properties in the Hungarian office market are able to satisfy these demands. Science Park owned by Heitman European Property Partners IV has recently been awarded a BREEAM in Use “Very Good” rating in all three possible categories, a unique achievement in Central and Eastern Europe.
CBRE Group, Inc. has been named the top global real estate advisory firm for the second consecutive year in the Euromoney Real Estate Awards for 2013. CBRE is the only firm to achieve top honours in back-to-back years, and has now won this prestigious award six times since Euromoney launched its real estate awards program in 2005. In Hungary CBRE Budapest has won all of the four awards.
Europe's leading pet food and accessories store chain is opening its first store based on the new "XXL" concept in the Új Buda Center with the support of CBRE. Fressnapf has been considering for a long time opening stores in Hungary that are twice the size of its usual stores.
The premium office building in downtown Budapest has two new tenants. There has been almost 1,600 square meters of transactions completed during the summer and that leads to an outstanding occupancy rate of 88% at Bank Center.
Increasing demand for retail space, more and more office tenants beyond the Oktogon - In 2013 the real estate market of Andrassy Avenue became active once again: a number of new brands entered the street’s retail pitch, the fate of the former Ballet Institute finally seems settled, and more and more companies are choosing the classical mansion buildings as their headquarters - according to a snapshot of CBRE.
Váci188 Office Building reopened in Budapest, Hungary, with dynamically growing ICT companies, as well as financial services and consulting firms. 1,700 square meters have been leased in Váci188– owned by developer, ORCO Property Group - to companies that achieved favorable terms through collective negotiations, currently characterizing the office market.
Construction of the International Commerce Center (ICC Tower) was completed in 2010. The tower opened in 2011, with the Ritz-Carlton(102-118floors - currently the highest hotel in the world) opening in late March and the observatory in early April. ICC Tower's gross floor area is 274,064 m2 / 2,950,000 ft2.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
