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Present and future of the South Buda office market

2/13/19

The position of the South Buda office market has drastically changed over 2018. Thousands of office areas were vacated during the year, while the submarket had the lowest vacancy rate at the beginning of the year. South Buda is facing new challenges. The new developments arriving in 2019 are going to create a more diverse situation.

This spring Lindt opens its new retail store in Budapest

2/8/19

Last spring JLL's retail leasing department has already announced that the Swiss premium quality Lindt chocolate brand is planning to open its first self-operated retail store in the country. As a result of a thorough market research, JLL's advisers have found the ideal Buda location on the ground floor of Allee Shopping Center.

CBRE Market leader Budapest office market 2018

1/24/19

In 2018 CBRE transacted the largest amount of office space in Budapest, equating to nearly 105,000 sq m – the first time an Agency has ever exceeded 100,000 sq m within a year in Hungary.

Successful year-end, unbroken momentum at JLL

1/23/19

In 2018 JLL's Hungarian office closed an outstanding year, the company contributed to the biggest sales transaction of the year, and the office leasing division also outperformed its last year's performance.

Green Court launched by CODIC creating focal point for inner Váci Corridor

1/23/19

Codic International, the Brussels-based developer, announced that construction has commenced on the office component of Green Court, their latest mixed-use development to be realized in partnership with the Hungarian Pesti Házak and the Austrian Venta Group. The project is located in Budapest on Dózsa György út, the new focus point of the inner Váci corridor.

More than €1.8 billion transacted on the Hungarian commercial real estate market in 2018

12/20/18

During 2018 the total commercial real estate investment transaction volume passed the €1.8 billion level in Hungary, marking the third consecutive year of stable and strong investor appetite and the highest annual transaction volume since 2007– according to JLL Hungary's latest forecast.

CBRE 2019 Market Outlook: European Real Estate Markets Continue To Build Momentum despite Global Uncertainty

12/17/18

The European property sector is expected to grow and bring new opportunities, despite continued downside risks, according to CBRE’s 2019 EMEA Market Outlook report.

Health & Beauty to lead rateil space requirements over next five years says CBRE

12/7/18

Retailer demand for physical store space will remain steadfast throughout a number of key retail markets over the next five years, with the Health and Beauty sector leading the way in driving future growth requirements according to global real estate advisor CBRE

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