RSS Mon, 21 Jan 2019 09:38:04 +0100 Mon, 21 Jan 2019 09:38:04 +0100 https://www.officerentinfo.hu/article/officemarket-news/the-budapest-research-forum-hereby-reports-its-q4-2018-office-market-summary 11823 Mon, 21 Jan 2019 09:38:04 +0100 The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q4 2018 office market summary. https://www.officerentinfo.hu/article/officemarket-news/metropolitan-garden-new-apartment-complex-to-be-built-in-budapest-by-wing 11794 Thu, 10 Jan 2019 09:53:52 +0100 As a follow-up to its highly successful Kassák Residence project, WING is developing a new residential project offering smart solutions at a desirable location in District 13, Budapest under LIVING, its umbrella brand specialising in residential properties. https://www.officerentinfo.hu/article/officemarket-news/wing-sells-angyal-office-building-to-b-b-hotels-the-leading-french-economy-hotel-chain 11756 Fri, 21 Dec 2018 12:26:02 +0100 WING has sold the Angyal (Angel) office building, set adjacent to Boráros Square in central Budapest, to French economy hotel chain B&B Hotels. The building will be converted to a hotel based on the two companies’ strategic agreement, and become B&B Hotels’ first hotel in Hungary, with WING taking on development tasks. https://www.officerentinfo.hu/article/officemarket-news/more-than-eur1-8-billion-transacted-on-the-hungarian-commercial-real-estate-market-in-2018 11755 Thu, 20 Dec 2018 14:03:29 +0100 During 2018 the total commercial real estate investment transaction volume passed the €1.8 billion level in Hungary, marking the third consecutive year of stable and strong investor appetite and the highest annual transaction volume since 2007– according to JLL Hungary's latest forecast. https://www.officerentinfo.hu/article/officemarket-news/cbre-2019-market-outlook-european-real-estate-markets-continue-to-build-momentum-despite-global-uncertainty 11739 Mon, 17 Dec 2018 10:34:57 +0100 The European property sector is expected to grow and bring new opportunities, despite continued downside risks, according to CBRE’s 2019 EMEA Market Outlook report. https://www.officerentinfo.hu/article/officemarket-news/health-beauty-to-lead-rateil-space-requirements-over-next-five-years-says-cbre 11710 Fri, 07 Dec 2018 09:47:57 +0100 Retailer demand for physical store space will remain steadfast throughout a number of key retail markets over the next five years, with the Health and Beauty sector leading the way in driving future growth requirements according to global real estate advisor CBRE https://www.officerentinfo.hu/article/officemarket-news/atenor-is-unstoppable-the-newest-vaci-greens-building-f-has-also-found-its-tenant 11705 Thu, 06 Dec 2018 12:40:48 +0100 The Hungarian insurance company, NN Biztosító, signed a 5,500 m2 office lease agreement in the next building of Váci Greens, Building F, which is still under construction. The construction of the 24,300 m2 Váci Greens F is in full swing and according to plans, with its first tenant moving in June 2020. https://www.officerentinfo.hu/article/officemarket-news/immofinanz-financial-result 11665 Thu, 29 Nov 2018 11:54:25 +0100 Results of the Q1-3 2018 in HUNGARY as of 30 September 2018 https://www.officerentinfo.hu/article/officemarket-news/new-leed-platinum-office-building-in-budapest 11654 Wed, 28 Nov 2018 09:14:55 +0100 GTC’s latest development, GTC White House has achieved the highest, Platinum Certification level under the LEED for Building Design and Construction rating scheme. https://www.officerentinfo.hu/article/officemarket-news/another-major-wing-zrt-development-project-in-budapest 11647 Mon, 26 Nov 2018 10:52:24 +0100 WING Zrt has begun preparations for the construction of another major office building in one of Budapest’s most dynamically developing districts, right next door to the recently inaugurated Telekom headquarters. With a total floor space of 40 thousand square meters, the Liberty Office Building will offer premium office and retail spaces to prospective clients https://www.officerentinfo.hu/article/officemarket-news/how-europes-cities-are-embracing-flexible-space 11628 Thu, 22 Nov 2018 10:57:22 +0100 As more companies of all shapes and sizes choose turn to flexible space – whether its hot-desking areas in buildings they already occupy or taking space in independently owned coworking set-ups - it's fast becoming part of modern working life and a small but increasingly significant part of Europe's office markets. https://www.officerentinfo.hu/article/officemarket-news/immofinanz-expands-stop-shop-portfolio-to-80-locations-with-eight-new-acquisitions 11596 Wed, 14 Nov 2018 13:08:28 +0100 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% https://www.officerentinfo.hu/article/officemarket-news/new-success-of-estons-tenant-representation-team-hortonworks-has-recently-extended-their-office-lease-in-central-udvar-office-building-in-budapest 11587 Mon, 12 Nov 2018 12:01:50 +0100 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. https://www.officerentinfo.hu/article/officemarket-news/global-investment-volume-rises-driven-by-robust-us-market 11582 Fri, 09 Nov 2018 11:50:48 +0100 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). https://www.officerentinfo.hu/article/officemarket-news/dvm-group-to-construct-a-new-hotel-for-b-l-gruppe-in-budapest-at-keleti-railway-station 11577 Thu, 08 Nov 2018 09:24:53 +0100 DVM group signed a contract with German developer B&L group to build a hotel at Baross square, Budapest. The new player on the Hungarian market entrusted DVM group with the construction planning and the construction works of their hotel project in Budapest. This mandate is one of the largest instructions DVM group has won on the Hungarian market to date. Planning and preparations already started early November. https://www.officerentinfo.hu/article/officemarket-news/invitel-zrt-completes-tenant-portfolio-in-cityzen 11576 Wed, 07 Nov 2018 12:49:45 +0100 CityZen office building has reached full capacity after leading Hungarian telcom provider Invitel Távközlési Zrt. moved to the building. Invitel, a company recently purchased by DIGI Group, decided to move its Headquarters from Budaörs to the A+ category CityZen office building on Váci út. https://www.officerentinfo.hu/article/officemarket-news/qualifying-with-rics-ensures-the-highest-standards-in-the-real-estate-industry 11541 Fri, 26 Oct 2018 10:54:05 +0200 RICS is considered the world’s preeminent qualification and standard-setting body for land, property and construction, with more than 125 000 members practicing in more than 146 countries over the world https://www.officerentinfo.hu/article/officemarket-news/tenant-representation-by-jll-got-the-first-position-again 11506 Wed, 17 Oct 2018 11:35:13 +0200 According to the registered leasing activity during the third quarter, between January and September of 2018 JLL's tenant representation services have finished first place in the real estate advisors' ranking with a total of 36,143 sq m leased office space in Budapest. https://www.officerentinfo.hu/article/officemarket-news/the-budapest-research-forum-hereby-reports-its-q3-2018-office-market-summary 11504 Wed, 17 Oct 2018 09:46:41 +0200 The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q3 2018 office market summary. https://www.officerentinfo.hu/article/officemarket-news/jll-advises-on-the-disposal-of-k6-skyscanners-office-building-in-budapest 11483 Fri, 12 Oct 2018 12:15:04 +0200 JLL has advised the Seller on the disposal of the K6 office building located in Budapest.