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Booming countryside retail market in Hungary

Cushman & Wakefield, Hungary’s leading real estate advisor contributed to the leasing of over 6,600 sq m prime retail warehouse area, and to the sales of 7,000 sq m countryside retail area in Q4 2019.

Colliers International appoints Norbert Szircsák as new Head of Green Building Advisory Services

Leading global commercial real estate services and investment management firm, Colliers International announced, that Norbert Szircsák has been appointed as Head of Green Building Advisory Services.

KNP LAW Nagy Koppány Lencs & Partners moved to Palazzo Hunyadi

KNP LAW Nagy Koppány Lencs & Partners have moved into their new headquarters in Palazzo Hunyadi earlier this month. By leasing 513 sqm, Palazzo Hunyadi is 100% leased, as the Law Firm is the sole tenant of the building.

Q1-Q319 Investment volumes in cee 54% above the 5-year average

Eston International. the Hungarian associate of Savills, hosted their annual commercial property conference in Budapest. The audience had the opportunity to chat about the latest trends of the sector with the hosts and speakers of the event: Adrjan Salamon, CEO of Eston International and Chriss Gillum, Head of Offices Regional Investment Advisory EMEA, Savills.

The total office stock in 15 CEE countries will exceed 30 million m² by 2021

The largest supply of modern office space in 15 CEE countries was recorded in Warsaw, Budapest and in Prague, while the biggest increase of new supply in H1 2019 was noted in Bucharest. The most active tenant sectors are IT, professional services, banking and BPO/SSC. More and more office buildings can boast of prestigious certificates, modern technological and ecological solutions and innovatively designed space.

Colliers International appoints Kevin Turpin as a Regional Director of Research for Central and Eastern Europe

Leading global commercial real estate services and investment management firm, Colliers International announced today that Kevin Turpin has been appointed as the new Regional Director of Research for Central and Eastern Europe. He started his new position on the 1st of October in Prague.

METRO PROPERTIES sells and leases back Central European portfolio of Cash & Carry stores

METRO PROPERTIES was advised by the Investment team of Colliers International Czech Republic for the Czech transaction, by Colliers Hungary for the Hungarian transaction and by Colliers Poland for the Polish transaction.

Rebirth of a prestigious office building in Downtown Budapest

Irányi Palace - located in Downtown Budapest in Irányi street, between Váci and Veres Pálné streets – will rejuvenate by mid-2020 as a high quality, contemporary style office building.
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