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Testimonials

Green certified office space has doubled in 4 years

1/27/20

The 630,000 m2 of certified green office space as of 2015 year-end had increased to over 1,500,000 m2 by the end of 2019, more than doubling the amount of green office space. This represents 40% of the total modern office stock.

2019 Record year for continental European Real Estate Investment, Hungarian volume fairly consistent with previous years

1/24/20

Commercial real estate investment volumes in Continental Europe reached a record high of €248bn in 2019, according to global real estate advisor, CBRE. This represents a 2% increase from €243bn in 2018, which was previously a record for investment volumes. Across the whole of Europe (including UK and Ireland), investment volumes totalled €315bn in 2019, down 2% from €322bn in the previous year. The small decrease in 2019 was due to a 19% decline in UK volumes reflecting investor caution in the face of ongoing political uncertainty. Even with the shrinking UK volume, 2019 was the second strongest year on record for European investment, after 2018.

EPAM Systems is the first tenant of Forest Offices, Debrecen

1/21/20

Cushman & Wakefield, Hungary’s leading real estate firm advised Capstone Befektetési Alapkezelő Zrt representing, Garda Ingatlan Fejlesztő Befeketetési Alap the owner of Forest Offices, in the lease negotiations with EPAM Systems.

Interview

Tenant experience brought up to next level

Vincent Vallois MRICS, Co-Founder of Online Real Assets – CEE Partner of Spaceflow tenant experience application – sees the market from a new perspective. Online Real Assets has just launched Spaceflow in Hungary and they see great potential and momentum for a space-as-service transition of the commercial real estate market.

If the tenant community is open to an idea, we implement it

According to Viktor Nagy, Country Manager Operations at IMMOFINANZ Hungary, the myhive concept launched two years ago is a full success: tenants highly appreciate the range of services available within the office buildings and the measurable benefits of smart ideas helping them acquire new business partners. What workforce retention ability has to do with office buildings, and where the next business quarter will be - among other things, we talked about these topics.

Tenants

Date	Business Center	Tenant	m2	Agency
2020 Q1	Forest Office Debrecen	EPAM Systems	2100	Cushman & Wakefield Kft.
2019 Q4	Népliget Center	Trans-Sped Kft.	610	Property Solution Group
2019 Q4	MOM Park	VMLY&R	1150	Property Support
2019 Q4	Science Park	MKB Consulting Kft.	572	Property Solution Group

Best of 2020