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Articles

France and Germany Drive Growth in European Real Estate Investment Market

The European commercial real estate investment market continued its strong performance in H1 2014, with France and Germany the main drivers of growth and the Netherlands, Sweden and Spain making significant contributions, according to the latest research from CBRE.

DBH Group Reveals New Expansion Plans to Mark 20 Year Anniversary

The Group reaches a 20-year milestone next month, which it plans to mark in style with an extravagant party in Budapest, onboard the biggest event boat in Central and Eastern Europe.

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.

Another new tenant in the CPI's (formely known Ablon) office building at Hungária körút

Various organizational units of the Budapest-Capital Regional Court await the clients at an area of almost 6,000 square metres in the M3 Business Center as from August. Building ‘A’ of the office complex has been almost fully filled as a result of the agreement concluded with the Court.

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.

IVG has prolonged lease contract for 8000 sqm

One of IVG’s most significant tenants prolonged its lease contract to nearly 8000 sqm in Infopark E, D and RiverPark – offices buildings managed by IVG. IVG closed a succesful first semester: By the end of June, Infopark E office building reached 86 % and Infopark D 94% occupancy rate. Similarly, 85% of RiverPark Offices has been rented out.

Fortune 500 company and new services in Eiffel Palace

The exclusive and sustainable Budapest downtown office building welcomes new tenants from both the office and retail sectors, further diversifying its high-quality tenant mix and increasing the range of its in-house services from Q4 2014.
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