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RECORD TAKE-UP FOR CENTRAL EUROPEAN OFFICE MARKET

4/17/14

Take-up in the CEE region exceeded all previous levels and hit a new record high of 1.4 million sq m office space being transacted in 2013, according to Cushman & Wakefield (C&W) the world largest privately held commercial real estate services firm in their latest Central European office market update. The market report analyses Bratislava, Budapest, Prague and Warsaw where the total combined office stock equates to nearly 12 million sq m, tempered by limited new supply being released in the region (circa 436,000 sq m).

Global shopping centre development rises to 39 million square metres

4/11/14

According to the latest research from global property advisor CBRE a total of 39 million square metres of shopping centre space is under construction across the world’s major cities, representing a three million sq m increase from 2013. CBRE expects more significant developments in Budapest.

Bulls return to the European commercial real estate market

3/24/14

The mood at MIPIM 2014 was overwhelmingly positive with 85% of property professionals declaring that they are feeling ‘bullish’ about the European commercial real estate market, according to a recent opinion poll by global property advisor CBRE. CBRE surveyed more than 300 property professionals at MIPIM 2014 - the world's biggest property forum held in Cannes - to discover current sentiment in the European commercial real estate market.

Germany is the most popular global market for retailers in 2014

3/18/14

Germany is the most sought after retail market in the world with 40% of global retailers planning to open a store there in 2014, while US retailers dominate large-scale expansion plans with almost half aiming to open 40 stores or more, according to the latest research from global property advisor CBRE.

HÖGL opens flagship store on Andrássy út

3/13/14

Austrian quality shoe brand HÖGL opened its new store in Hungary on Andrássy út with the assistance of CBRE. This latest unit, located on Budapest’s prominent luxury high street is HÖGL’s largest store in the region.

Strong demand for office space in CEE

3/11/14

According to the latest data from CBRE, the world’s largest commercial real estate services company, strong office leasing activity during 2013 was registered across Central & Eastern Europe (CEE). Nearly all of its markets saw leasing activity increasing and reaching results above the recent five year average.

CBRE ranked among Fortune Magazine’s most admired companies

3/10/14

CBRE announced that it was the highest-ranked commercial real estate services and investment firm in Fortune’s 2014 Most Admired Companies list. This is the fourth consecutive year that CBRE was the highest ranked commercial real estate services and investment firm. CBRE has also been named the top global brand in commercial real estate by The Lipsey Company for the 13th consecutive year.

Jones Lang LaSalle Shortens Name to “JLL” and Unveils New Logo

3/5/14

Underscoring its global operation, scale and vision for the future, Jones Lang LaSalle (NYSE: JLL), the professional services and investment management firm specializing in real estate, has announced that it is now using the name “JLL” and introducing a refreshed logo.

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