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Articles - Budapest

Q4 2013 office market analysis by BRF

The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, Jones Lang LaSalle and Robertson Hungary) hereby reports the Q4 2013 office market analysis.

EMEA Rents & Yields

Falling yields across all property sectors and a moderate increase in rental values provides further evidence of growing momentum in European commercial property markets. The findings from CBRE’s Q3 2013 survey of prime rents and yields backs up the picture of recovering investment markets across the region, which have benefitted from increased capital targeting the sector and improved investor sentiment.

Deutsche Telekom to locate service centre in Budapest

Deutsche Telekom is to set up its International TV Service Centre in Hungary, to co-ordinate the development of high added value television services of its subsidiaries in Croatia, Greece, Macedonia, Montenegro, Romania, Slovakia and Hungary.

Jones Lang LaSalle selected as new leasing agency of MOM Park Towers and BC 140

The international property advisor Jones Lang LaSalle (JLL) has been mandated by a global real estate investment manager as co-exclusive letting agent of their BC140 and MOM Park Tower office buildings. JLL share leasing mandate with DTZ on BC140 and with Cushman&Wakefield on MOM Park Towers.