Atenor announces the successful sale of the iconic RoseVille office building located in Budapest, Hungary. This transaction is a significant achievement in Atenor operational plan and a major milestone in the Budapest investment market for the year 2023.
The Executive Board und Supervisory Board of IMMOFINANZ have issued supplementary statements on the announcement by CPI Property Group SA (CPIPG)
Residential tops the sectors in one deal cross the CEE region but, offices (27% share) have maintained their place in the order of preference, closely followed by Industrial and Logistics (26% share) in Q1 2020.
Mr. Hubert Abt managing director of New Work Offices zrt says that Budapest remains the most important market for now, but Poland will take over this role by the end of the year. We also discussed rising fees, tenants’ needs and why good design can not be calculated by ROI.
Polish volumes were the drivers of the momentum in the first half of the year. Slovakia saw a rebound in deals whilst Hungary and Czechia saw much slower flow than a year ago, reveals Colliers International, the global industry-leading real estate services company, in its latest 2018 mid-year CEE Investment Scene.
Asian investors deployed a total of US$40 billion into international commercial real estate in 2014, a rise of 23% year on year (2013: US$32.5 billion), according to the latest research from global real estate advisor CBRE.
Appetite for commercial real estate has been on the rise worldwide due to the low achievable yields in other investment assets. In line with the improving economic fundamentals, there is also strengthening investment sentiment towards Hungary. The property Investment volume shows considerable growth on last year’s level.
The European commercial real estate investment market continued its strong performance in H1 2014, with France and Germany the main drivers of growth and the Netherlands, Sweden and Spain making significant contributions, according to the latest research from CBRE.
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