Over the past year, Office Group of JLL Hungary doubled the number of its office leasing assignments, currently representing 276,000 square meters of office space as an exclusive or co-exclusive agency. Since 2014 the firm participated in nearly 260,000 square meters of transaction acting as one of the Hungarian market's leading real estate consultancy.
With the help of JLL Hungary's tenant representation services, evosoft Hungary Kft., owned by Siemens, moves to an office of more than 20,000 square meters. The headquarters is expected to be delivered in January 2021 developed by WING Zrt.
In the first quarter of 2018 one of the significant deals of JLL's office leasing division was the leasing agreement with MITO advertising agency who is moving to 3,000 square meters in Central Palace, whereby JLL represented the landlord Kuantum Kft. The advertising agency will occupy its new office in Q3 2018.
International real estate advisor Savills has completed the acquisition of Cluttons Middle East, a leading real estate consultancy business in the region. The business employs 190 staff in seven locations throughout the region, providing Agency, Management and Consultancy advice in both the Commercial and Residential sectors. The acquisition, which was completed on 31 May will see Savills take full ownership of Cluttons Middle East, a business which has been established in the region for more than 40 years.
As the result of JLL's latest successful tenant representation a new Shared Service Center enters Hungary and signed a long-term office leasing agreement.
The CEE hotel market experienced rapid growth in the last three years both in terms of hotel performance and transaction volume due to the dynamically expanding tourism industry.
After being fully let for over 10 years, Budapest’s first office building is on the market again. With its exceptional location in the middle of Váci utca, the premier pedestrian area of Downtown Budapest, the Zászlós Office Building is a real gem and one-of-a-kind opportunity on the office market. Colliers Office Team has been exclusively appointed to lease the building which will be available for occupancy from the first quarter of 2019.
Worldwide one of the largest automotive company, Ford has chosen Váci Green Building D for its European Business Service Centre business unit. The transaction was supported by CBRE as the representative of Ford Motor Company and Cushman & Wakefield as the representative of the developer Atenor.
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