The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q2 2021 office market summary.
We are very glad to launch Spaceflow in Hungary as we believe there is a great potential and momentum for disruption in the commercial real estate market
The Supervisory Board and Executive Board of IMMOFINANZ AG today decided to continue the suspension of detailed discussions over a possible merger between CA Immobilien Anlagen AG (CA Immo) and IMMOFINANZ for the time being and to also evaluate other strategic options.
During the Q1-Q3 2016 period the total commercial real estate investment transaction volume reached some €1.5 billion in Hungary, nearly double the 2015 total volume, a testimony to the sharp liquidity increase – according to JLL Hungary’s latest statistics.
New lease contracts signed in the past few weeks cover an office space of all together 3000 sqm and 2500 sqm retail space at Dunacenter. In addition, contracts were renewed with several existing tenants in 2014. Recently, Hewlett-Packard has renewed its 9 500 s qm lease agreement in Bartók Ház office building, while Avon has moved into Capital Square as new tenant. In the January-October period CA IMMO has signed lease contracts for more than 51000 sqm.
Colliers International has been assigned to certify CA Immo’s office portfolio consisting 6 office buildings totalling 100,000 sq m according to the LEED rating system– informed the OGH News Agency Norbert Szircsák, Senior Associate of Green Advisory Services at Colliers International.
Cushman & Wakefield (C&W) the world’s largest privately held commercial real estate services firm, representing CA Immo has secured new office space for itelligence Hungary’s HQ extending to over 900 sq m at Infopark A in Budapest.
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