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News, interviews and testimonials from the office market

Office Garden II received LEED Gold Certification

Office Garden II has received Gold Certification under LEED® (LEED for Existing Buildings: Operations and Maintenance, EBOM) rating scheme ─ the OGH News-Agency learnt from Norbert Szircsák, Senior Associate of Colliers Green Advisory Services. Compared to other office buildings in the market, in terms of energy consumption per m2 Office Garden II is ranked among the best and received significant score in the energy category of the LEED rating system.

Money Flowing to Property Doubles in Hungary

Appetite for commercial real estate has been on the rise worldwide due to the low achievable yields in other investment assets. In line with the improving economic fundamentals, there is also strengthening investment sentiment towards Hungary. The property Investment volume shows considerable growth on last year’s level.

Better perspectives in Central and Eastern European real estate markets, says RICS

The RICS Commercial Property Monitor for Q2 2014 revealed that most regional markets slowly but steadily seem to be getting out of the woods. In most Central and Eastern European markets macroeconomic challenges influence real estate sentiment, but expectations are improving with longer term outlook for capital values.

Management Changes at CBRE Hungary

CBRE today announced the appointment of Lóránt Kibédi Varga as Managing Director of CBRE Hungary. He returns to CBRE having previously headed up its Hungarian business between 2003 and 2005.

Exceptional occupancy rates in the Central Business District

During the second quarter of the current year three new tenants joined the centrally located premium office building, and one of its current tenants expanded its lease contract. The self service restaurant on the ground floor will introduce a hybrid concept that is unique in Hungary. From now on it hosts the BADGIRLZ bar and club in the evenings while during the day it continues to operate as a high quality restaurant.