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SAVILLS forms association with Hungary’s ESTON

Savills has extended its Central and Eastern European (CEE) network by forming an association with ESTON International, Hungary’s leading independent property advisor within the real estate industry.

CBRE: Aréna Plaza Changes Hands

NEPI Rockcastle has bought Aréna Pláza for EUR 275 million from a consortium of private owners advised by CBRE Hungary.

Cushman & Wakefield clearly leading the Budapest office market

After 5 years of being absolute market leaders in Budapest, Cushman & Wakefield still holds the trophy this year by being involved in over 48,000 sq m office lease transactions till the end of July. During this time Cushman & Wakefield’s continuously growing Office Agency team concluded 40 transactions.

European Investment Booms with 25% Year on Year Increase

Total real estate investment in Europe reached €74bn in Q2 2017, representing a 25% increase on the same period last year, according to the report from global real estate advisor, CBRE. Central Europe as a region proves to be more attractive to international investors than last year with Hungary accounting 15% of the overall investment volume.