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Related news

Offices Along Metro Lines: M3 Line at the Top, M4 Almost Totally Deserted

5/3/17

The Váci út office corridor, the central business district (CBD) and the inner quarters of Pest are the most significant office locations in Budapest. The Budapest office of CBRE, the world’s leading real estate consultant, has synchronized its office market database with the metro lines and stations to highlight the current status of the city’s office market.

New Development on the Ever so Popular South-Buda Office Market

4/28/17

Bischoff & Compagnons has commissioned CBRE exclusively with the leasing of the Alphagon office building.

All time high investment volume is expected this year

4/4/17

In 2017, following its international assessment CBRE has created a survey among real estate investors in Hungary asking them about their market expectations. At the traditional springtime CBRE Investment Breakfast investors turned out to be optimistic about the future. 43% of the respondents stated that the investment market might grow even by one-fifth from last year’s EUR 1.5 billion, and 23% stated that this year they might reach their highest turnover ever.

Rising Construction Costs and Lack of Skilled Labour Force Make Recovery Difficult

3/30/17

The current forecast for total construction volumes shows increases of 8% and 12% for 2017 and 2018, respectively. The barriers for the realization of the developments are the rise of construction costs and the lack of skilled labour force. CBRE expects that these issues raise risks of delivery delays and decrease of developers’ profit margins.

Valuation: Risks can be avoided

3/23/17

Valuation during the sale, purchase or leasing of real estate is a complex process where the property’s market value is shaped by a number of factors. The majority of CBRE’s valuers are experts registered with RICS, a globally-recognized organization working to implement the highest professional international standards. CBRE’s staff’s professionalism paired with outstandingly high value insurance, guarantee a reliable and well-founded valuation and ensure the protection of clients.

Londos-Berlin: neck to neck in the race for investors

3/20/17

London has been ranked as the most attractive European city for real estate investment for the sixth consecutive year, according to CBRE’s annual Investor Intentions Survey being launched at MIPIM 2017. 17% of respondents cited London as their preferred destination for real estate investment. Berlin has jumped to second place in 2017 from fourth in 2016 while Budapest placed tenth along with Frankfurt and Munich.

GALCAP EUROPE acquires prestigious building in the center of Budapest

3/13/17

Vienna-based investment manager GalCap Europe has acquired "Merkur Palota" (the Merkur Palace) a fully renovated, prestigious office building in Budapest.

Hungarian commercial real estate investment market doubled in 2016

2/1/17

Investors spent EUR 1.54 billion in 2016 in the Hungarian commercial real estate market surpassing the 2015 level by 107 per cent. Last year both office properties and retail properties were in request, thus CBRE, the world’s leading real estate adviser is expecting a similar or even higher turnover for 2017.

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