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Situation: The office block is in a much-frequented part of district XIII, at the junction of Váci street and Dózsa György street (about 50 m from the underground station), very ea...

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The Budapest Research Forum hereby reports its Q4 2017 office market summary.

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q4 2017 office market summary.

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Colliers has been appointed as Property Manager of Mill Park

Colliers REMS Hungary has been assigned by Skanska for the role of property manager for Mill Park Offices, from 2018.

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Erste Ingatlan Alap acquires Market Central Ferihegy

Market Central Ferihegy, one of the largest retail parks in Hungary, and adjacent office complex Quadrum have been acquired by Erste Ingatlan Alap. According to Erste Asset Management, growth of the economy and expansion of the retail market in Hungary may facilitate higher rent, representing favourable outlooks for future returns of real estate funds.

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What works does not have to be repaired

Ms. Irma Horváth, the organization developer of Morea Training, assisted the team of NEW WORK Serviced Offices (NWSO) that, despite explosive growth - their turnover increased by 100% within one year - they could keep success factors. The task she's got is a paradox: duplicate the numbers, get new staff, but keep the company as streamlined and efficient as when there were only a team of ten. We also involved the head of NWSO, Mr. Hubert Abt to get a clear picture.

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First NEW WORK Offices in Warsaw to be open in December

The dynamic success story of NEW WORK reached a higher level as they are entering the thriving Polish market. Our mission is clear: – “Service is our passion, and we provide not only flexible office solutions but outstanding services as well, which are tailored to our tenants’ needs.” – says Mr. Konrad Szaruga, Managing Director at NEW WORK Serviced Offices, Poland. We talked about expansion plans and corporate corners. We involved Mr. Hubert Abt, CEO of Property Systems where NEW WORK Serviced Offices belongs too.

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Date Business Center Tenant m2 Agency
2018 Q1 Montevideo Office Park SBP Systems Kft. 211 Property Solution Group
2018 Q1 Gateway Office Park KRKA Magyarország Kft. 980 Property Solution Group
2018 Q1 Váci Greens AON Magyarország 2200 Atenor
2018 Q1 Balance Loft Blockchain Competence Center 1500 CPI Hungary Kft.

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Best of 2018

  • Largest Rental:

    Váci Greens - Atenor, with 2200m2 rented space

  • Most Active Office Building:

    Váci Greens, 1 db rentals, with 2200m2 rented space

  • Most Active Agency:

    Atenor, 1 transactions, transactions total space: 2200 m2

Best of 2017

  • Largest Rental:

    City Gate Irodaház - Cushman & Wakefield Kft., with 5000m2 rented space

  • Most Active Office Building:

    CityZen Irodaház, 5 db rentals, with 5167m2 rented space

  • Most Active Agency:

    Property Support, 10 transactions, transactions total space: 9880 m2

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