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News, interviews and testimonials from the office market

UPC Chose Haller Gardens

UPC chose Haller Gardens as its new headquarters in Budapest renting 5,600 sq m of office space in the building. During the transaction CBRE represented the tenant and JLL acted on behalf of the owner.

Váci Greens’ Building "C" is managed by CBRE

CBRE's Asset Services department won the property management mandate of Váci Greens' Office Building “C” of the Atenor Group. The 18,000 sq m office building has excellent sustainability indicators, and now will be managed by the Asset Services department of CBRE.

Colliers and East-West Business Center collaborate in multiple tasks

Colliers International and Peakside Capital join forces on multiple levels, as the real estate consultant company becomes responsible for organizing property and facility management as well as office and retail leasing tasks in East-West Business Center, a landmark building in Budapest city centre, on Astoria.

Hungarian investment turnover almost tripled in Q1 2015

Global real estate investors remain confident and their intentions are expansionary, with more than half planning to increase their acquisitions in 2015, according to CBRE’s Global Investor Intentions Survey 2015. Globally, 53 percent of investors plan to increase their purchases this year. Investor appetite for cross-regional acquisitions has increased significantly with 38 percent of respondents intending to invest outside their own region this year–up from 28 percent in 2014.

Cushman & Wakefield to Merge with DTZ

CHICAGO and NEW YORK, May 11, 2015 – Cushman & Wakefield and DTZ have reached a definitive agreement to merge and are set to become one of the largest global real estate services companies. The new company, which will operate under the Cushman & Wakefield brand, will have revenues over $5.5 billion, over 43,000 employees and will manage more than 4 billion square feet globally on behalf of institutional, corporate and private clients.

DTZ Hungary welcomes new colleague

DTZ is delighted to announce that Nóra Fodor joined DTZ’s Office Agency Team this May. In addition to being a widely respected player on the office market and bringing with her extensive experience, she has also extensive knowledge of inward investment, having previously worked for both the Hungarian Investment Promotion Agency (formerly HITA and ITDH). In recent years, Nóra worked at Wing.

CBRE CELEBRATES HAT TRICK IN CEE

CBRE has been recognised at the Central & Eastern European Real Estate Quality Awards (CEEQA) as Office Agent, Investment Agent and Property Management Company of the Year.