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Related news

LARGEST BUDAPEST TRANSACTION OF 2014

10/2/14

VODAFONE RENEW & EXPAND AT ARENA CORNER

Money Flowing to Property Doubles in Hungary

9/25/14

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

9/15/14

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.

Management Changes at CBRE Hungary

9/4/14

CBRE today announced the appointment of Lóránt Kibédi Varga as Managing Director of CBRE Hungary. He returns to CBRE having previously headed up its Hungarian business between 2003 and 2005.

Another new tenant in the CPI's (formely known Ablon) office building at Hungária körút

9/2/14

Various organizational units of the Budapest-Capital Regional Court await the clients at an area of almost 6,000 square metres in the M3 Business Center as from August. Building ‘A’ of the office complex has been almost fully filled as a result of the agreement concluded with the Court.

Another IT company - Fornax ICT - choses the M3 Business Center

8/4/14

Fornax ICT, a recognized company operating on a high professional level in both the domestic and international IT-sector, is the new tenant of CPI Hungary’s M3 Business Center. Fornax ICT signed the leasing agreement pertaining to the spacious up-to-date offices found in Building B of the Center on Hungária Boulevard, with the assistance of Cushman & Wakefield international real estate adviser.

Hungarian commercial real estate investments up by 35% y-o-y

7/23/14

European commercial real estate investment activity totalled €44 billion in Q2 2014, reflecting a 28% rise year-on-year, and an increase of 10% on Q1 2014. Strong first half year results pushed commercial real estate investment volumes in Central & Eastern Europe (CEE) (excluding Russia) to €2.5bn, an increase of 15% on the same period for 2013, according to the latest research from global property advisor, CBRE.

Largest Budapest office transaction of 2014

7/14/14

CPI Hungary, former Ablon, owned by CPI Group has successfully concluded the largest office lease transaction of the year to date with Vodafone for over 13,800 sq m in Arena Corner Office Building, in Budapest. Vodafone was represented by Cushman & Wakefield, the world’s largest privately held commercial real estate services firm.

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