RSS Fri, 22 Jun 2018 13:29:08 +0200 Fri, 22 Jun 2018 13:29:08 +0200 https://www.officerentinfo.hu/article/officemarket-news/creating-value-in-hungarian-real-estate 11222 Fri, 22 Jun 2018 13:29:08 +0200 GTC Hungary, the leading international office developer in Budapest, has completed its latest office building in the capital. The GTC White House is a brand new A-class office building of 21,500 m2. The state-of-the-art project features exhilarating, uplifting green architecture, including an entirely refurbished turn-of-the-century stand-alone loft building of 2,000 m2. https://www.officerentinfo.hu/article/officemarket-news/dvm-group-appoints-new-head-of-design-1 11221 Thu, 21 Jun 2018 12:39:22 +0200 DVM group appointed Ida Kiss to head up its design department. The architect professional manages and supervises a team of more than 40 people while is also responsible for smooth client relations and the coordination of high-level design processes. https://www.officerentinfo.hu/article/officemarket-news/evosoft-hungary-to-move-into-new-office-building-by-2021 11212 Tue, 19 Jun 2018 12:25:47 +0200 Leading Hungarian IT company evosoft Hungary Kft, 100% owned by Siemens, to rent a soon-to-be-built office building in Budapest https://www.officerentinfo.hu/article/officemarket-news/united-4-skyline-tickets-renews-lease-at-oktogon-haz 11204 Fri, 15 Jun 2018 14:26:13 +0200 United 4 Skyline Tickets tenant for decades, continues to rent at Oktogon Ház https://www.officerentinfo.hu/article/officemarket-news/with-the-help-of-jll-consultancy-the-occupancy-of-central-palace-has-reached-100-percent 11191 Tue, 12 Jun 2018 09:41:20 +0200 In the first quarter of 2018 one of the significant deals of JLL's office leasing division was the leasing agreement with MITO advertising agency who is moving to 3,000 square meters in Central Palace, whereby JLL represented the landlord Kuantum Kft. The advertising agency will occupy its new office in Q3 2018. https://www.officerentinfo.hu/article/officemarket-news/blue-cube-welcomes-fovarosi-vizmuvek 11184 Mon, 11 Jun 2018 10:10:52 +0200 S IMMO Hungary has concluded one of the largest office lease agreements of the first quarter of 2018 in Blue Cube office building. This, together with some other deals, has pushed the occupancy of the building over 90%. https://www.officerentinfo.hu/article/officemarket-news/interview-of-filippo-rean-director-of-the-real-estate-division-of-reed-midem-mipim-and-mapic-markets-1 11180 Mon, 18 Jun 2018 12:43:06 +0200 With his expertise, he speaks to us about his vision of PropTech and enlightens us on the trends to follow. https://www.officerentinfo.hu/article/officemarket-news/savills-completes-acquisition-of-cluttons-middle-east-business 11179 Thu, 07 Jun 2018 11:16:49 +0200 International real estate advisor Savills has completed the acquisition of Cluttons Middle East, a leading real estate consultancy business in the region.  The business employs 190 staff in seven locations throughout the region, providing Agency, Management and Consultancy advice in both the Commercial and Residential sectors.  The acquisition, which was completed on 31 May will see Savills take full ownership of Cluttons Middle East, a business which has been established in the region for more than 40 years. https://www.officerentinfo.hu/article/officemarket-news/celanese-and-citibank-choose-promenade-gardens-office-building-owned-by-erste-real-estate-fund 11165 Mon, 04 Jun 2018 14:20:55 +0200 Anchor tenant Celanese was the first to move into just completed Promenade Gardens office building last week, now occupying their new 4,200 sqm headquarters. They will soon be followed by Citibank Europe, as the Hungarian Branch Office of the global bank is setting up its new 8,000 sqm Budapest office from 1 December in the A+ category property owned by Erste Open-Ended Real Estate Fund and developed by Horizon Development. https://www.officerentinfo.hu/article/officemarket-news/offices-in-south-buda-welcome-new-technology-companies 11161 Mon, 04 Jun 2018 09:46:31 +0200 Technology companies traditionally prefer office buildings that are close to universities and other ICT companies they cooperate with. One of Budapest’s most sought-after office submarkets is South Buda where the Science Park office building welcomes its newest tenants - AVL Autokút, Flex, Hydro Extrusion Hungary and Solvo Biotechnology, renting together more than 4,300 sq meters of prime office space. https://www.officerentinfo.hu/article/interviews/workforce-and-technology-are-the-transforming-forces-on-the-real-estate-market 11155 Thu, 31 May 2018 12:15:44 +0200 Michael Smithing, head of Head of Landlord Representation at Colliers International talked about the dominance of the Váci út corridor, the renewal of downtown and the limits of growth. https://www.officerentinfo.hu/article/officemarket-news/immofinanz-with-strong-operating-development-in-the-first-quarter-of-2018-cost-savings-take-effect 11150 Wed, 30 May 2018 12:08:34 +0200 Results of operations double to EUR 35.5 million https://www.officerentinfo.hu/article/officemarket-news/wing-has-officially-handed-over-the-new-ericsson-hq 11144 Tue, 29 May 2018 12:21:17 +0200 On May 29th, 2018, one of Hungary’s most modern office buildings, the Ericsson House, was officially handed over in the presence of the Prime Minister of Hungary and Ericsson’s worldwide CEO. This new building, developed by WING, features not only offices, but also one of the Swedish company’s largest European Research & Development centers. https://www.officerentinfo.hu/article/officemarket-news/jll-provided-tenant-representation-for-a-us-corporation 11133 Fri, 25 May 2018 10:43:44 +0200 As the result of JLL's latest successful tenant representation a new Shared Service Center enters Hungary and signed a long-term office leasing agreement. https://www.officerentinfo.hu/article/officemarket-news/budapest-amongst-the-regional-leaders-on-the-hotel-market 11125 Wed, 23 May 2018 09:21:48 +0200 The CEE hotel market experienced rapid growth in the last three years both in terms of hotel performance and transaction volume due to the dynamically expanding tourism industry. https://www.officerentinfo.hu/article/officemarket-news/start-up-safary-or-in-two-days-around-the-globe 11110 Thu, 17 May 2018 10:16:20 +0200 A short quiz: what is common in Morgan Stanley, SAP, Prezi, Budapest Bike Maffia, OTP LAB, ELTE, Balabit and hundreds of smaller and larger companies? The answer lies within arm’s reach: the 3rd international Start-up Safary was held in Budapest this April. Just imagine: more than 3,000 participants, 311 programs including representatives from the above listed companies. https://www.officerentinfo.hu/article/officemarket-news/iconic-office-building-becomes-available-for-lease 11104 Wed, 16 May 2018 08:34:33 +0200 After being fully let for over 10 years, Budapest’s first office building is on the market again. With its exceptional location in the middle of Váci utca, the premier pedestrian area of Downtown Budapest, the Zászlós Office Building is a real gem and one-of-a-kind opportunity on the office market. Colliers Office Team has been exclusively appointed to lease the building which will be available for occupancy from the first quarter of 2019. https://www.officerentinfo.hu/article/officemarket-news/ford-is-the-newest-tenant-of-vaci-greens-building-d 11066 Wed, 02 May 2018 13:41:02 +0200 Worldwide one of the largest automotive company, Ford has chosen Váci Green Building D for its European Business Service Centre business unit. The transaction was supported by CBRE as the representative of Ford Motor Company and Cushman & Wakefield as the representative of the developer Atenor. https://www.officerentinfo.hu/article/officemarket-news/trigranit-gathered-third-fiabci-award 11065 Mon, 07 May 2018 11:12:02 +0200 After winning already two FIABCI Awards in the past, TriGranit gathered its third FIABCI recognition with its Polish Bonarka Project. https://www.officerentinfo.hu/article/interviews/s-immo-stable-portfolio 11064 Wed, 02 May 2018 10:31:16 +0200 Géza Barabás took over the management of the S IMMO Budapest subsidiary from March 1, and thus became the Budapest Portfolio Manager. Besides the regional outlook we talked about the plans of this year, the importance of honouring the staff and about the most wanted products.