A creative work process demands for a creative office solution, which is exactly what the complete, newly refurbished Buda Loft Offices could offer to TransferWise. The building opened its doors officially in July, and offers 5 floors with an approximate total of 2,500 m2 for lease. Colliers International Hungary has been appointed as exclusive leasing agents.
With the last works completed in July, the new office building ”Buda Loft Offices” is ready to welcome its new tenants. The offices with its industrial feeling are especially very suitable for advertising, media and creative IT companies. Colliers International has been appointed as the exclusive letting agent on the building
Prime office yields in Berlin are currently very low at 3.85% , although products in major German cities such as Frankfurt are still providing higher returns than those located in London or Paris. At the same time Romania and Hungary are seeing new capital flowing into their respective commercial real estate markets. This is a consequence of a significant yield spread between Western and Eastern Europe, where prime office yields, for example in Bucharest, are currently at 7.5%.
Jaguar Land Rover invests $1.6bn in Slovakia, the world's first Hyperloop railway will connect Bratislava and Vienna in 20 minutes, Poland and the Czech Republic sign strategic deals with China, Germany's most important trading partner is the V4 group, and nine Romanian cities are among the top 15 cities with the highest Internet download speed in the world. If these facts surprise you then it is high time to catch up with the latest facts and explore the economic and investment potential of the region in the latest CEE Investment Report 2016: Mission to Outperform, compiled by Skanska, JLL, Dentons, in cooperation with ABSL.
The Budapest Research Forum (hereinafter the ‘BRF’, which comprises of CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) hereby reports the Q2 2016 office market analysis.
Only 6 months after welcoming its first tenants Pódium Office building is now close to an occupancy rate of 60%. Following a complete renovation in 2015 the building located in the downtown theatre district of Budapest has quickly become very popular for companies with a creative and technical background.
Colliers International Hungary is pleased to announce, that Tamás Steinfeld has joined the Valuation & Advisory Services Team as new Associate Director, while Leonhard Boom has been assigned to the position of Associate Director and Head of Landlord Representation of the Office Agency Team.
Skanska continues its winning streak at the most important events of the commercial real estate market. During this year’s CEEQA Awards ceremony, Skanska Commercial Development Europe won the highest number of awards among all developers – the company was recognized with four awards in key categories.
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