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New Work Serviced Offices the sub branch of Property Systems offers renewed offices, that can be occupied at any time. Offering full-scale services, providing office space for up t...

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IMMOFINANZ expands STOP SHOP portfolio to 80 locations with eight new acquisitions

IMMOFINANZ is driving the expansion of its successful STOP SHOP retail park brand and has now purchased eight retail parks in Slovenia, Serbia and Croatia. The purchase price totals approximately EUR 90.5 million. The newly acquired properties are fully rented and generate annual rental income of roughly EUR 7.2 million, which represents a gross return of 8.0%

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New success of ESTON’S tenant representation team – Hortonworks has Recently extended their office lease in Central Udvar office building in Budapest

The American owned HortonWorks has recently extended their office lease in the CBD in Central Udvar. The tenant representation team of ESTON International supported the California based data software developer company from Santa Clara.

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Global investment volume rises driven by robust us market

According to the latest data of CBRE the leading property advisor the global investment volume increased 3.6% year-to-date (YTD), compared to the same period last year, with Q3 up by 1.2% (in fixed exchange rates).

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We are on a constantly growing track

According to Viktor Nagy, country manager of IMMOFINANZ Hungary, the office market is not growing indefinitely, but with a sophisticated service palette, an office-building operator can be successful in the long term. We talked about rent levels, myhive and the overall market.

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Growth is important, but we also have to make profit

Mr. Hubert Abt managing director of Property Systems says, that the one who constantly is concerned about how long the business is going, shouldn’t start an enterprise. We also discussed the limits of growth, the transformation from Ltd. to a listed company and what makes design passionate. The starting point of the conversation is that a new center of NEW WORK Offices just opened, which is also the company's first location at Buda side.

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Date Business Center Tenant m2 Agency
2018 Q4 Agora Budapest Raiffeisen Bank 20000 HB Reavis Hungary Kft.
2018 Q4 Gyömrői út 115 irodaház 350 Perfacta KFT
2018 Q4 Gateway Irodaház PRÉMIUM Pénztárcsoport n/a CPI Hungary Kft.
2018 Q3 Infopark I épület Nissan 1900 HGA Infopark Bt.

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Best of 2018

  • Largest Rental:

    Evosoft - WING Zrt, with 20400m2 rented space

  • Most Active Office Building:

    Evosoft, 1 db rentals, with 20400m2 rented space

  • Most Active Agency:

    WING Zrt, 1 transactions, transactions total space: 20400 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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