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Pódium Office building fulfilling generation Y/Z needs

6/15/16

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.

New brands, more visitors and family fashion programs in Campona

6/9/16

This year the number of visitors increased by almost 9 percent, and turnover by 10 percent in the Campona shopping center. South Buda’s prominent mall - managed by CBRE - has introduced new green solutions, and besides the familiar family programs, it awaits visitors with events related to fashion.

Property Investment volumes slightly down in CEE, but recovery expected in the coming quarters

5/11/16

Investment into Central and Eastern European (CEE) countries (excluding Russia) for Q1 2016 registered a slight decrease (6%) compared to same period of last year, reaching €1.84 billion. Expectations are that for the entire year, investment volumes will reach and exceed the record volumes of 2015, with all CEE countries expected to perform strongly.

Luxury brands checked in to MOM Park, Budapest

5/9/16

Cushman & Wakefield, exclusively representing the Landlord, has successfully coordinated the entrance of three high end fashion retailers: Max&Co., Coccinelle and NUBU to MOM Park Shopping Centre.

Lettable offices directly at Budapest Airport

5/5/16

JLL has been exclusively appointed to represent the landlord in the letting of the office spaces in several properties at Budapest Airport. Altogether 8,300 sq m office space is available in various buildings and locations between Terminal 1 and Terminal 2.

Lágymányos: new developments in Budapest’s most sought-after office market

5/5/16

The north western part of the South Buda office market, the Lágymányos micro-market is one of the most popular location of the past 15 years. Only 1.7% of the offices were vacant at the beginning of 2016, which is the lowest vacancy rate in Budapest.

New Associate Directors at Colliers’ Hungarian Office

4/20/16

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.

“Longer Friday-Saturday trading remain”

4/18/16

On 11th April, the Hungarian government announced their proposal for parliament to abolish the standing law regarding Sunday closing for retail units. The proposal has already passed through voting in the Parliament on 12th April, theoretically allowing stores to open from Sunday, 17 April 2016.

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