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Articles - CBRE

Euromoney names CBRE Group the bestglobal real Estate advisor for the fifth consecutive year

CBRE Group, Inc. (NYSE:CBG) has been named the best global real estate advisory firm at annual Euromoney Real Estate Awards for the fifth consecutive year. Globally, CBRE was also ranked highest overall in the Sales/Leasing, Valuation and Research categories.

Park Atrium - the iconic headquarters building in Budapest is sold

Park Atrium - the iconic headquarters building leased to Deloitte, ING and Roche - was sold last week in what represents one of the most significant recent transactions for the Budapest office investment market.

The BRF second quarter 2016 office market data

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises of CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) hereby reports the Q2 2016 office market analysis.

CCC opened its largest shoe store in Hungary in Pólus

Pólus Center is waiting its customers with further developments this year: refurbishing its first domestic store, CCC is offering affordable shoes to its customers now on 930 square meters in the mall managed by CBRE.

Property Investment volumes slightly down in CEE, but recovery expected in the coming quarters

Investment into Central and Eastern European (CEE) countries (excluding Russia) for Q1 2016 registered a slight decrease (6%) compared to same period of last year, reaching €1.84 billion. Expectations are that for the entire year, investment volumes will reach and exceed the record volumes of 2015, with all CEE countries expected to perform strongly.

Lágymányos: new developments in Budapest’s most sought-after office market

The north western part of the South Buda office market, the Lágymányos micro-market is one of the most popular location of the past 15 years. Only 1.7% of the offices were vacant at the beginning of 2016, which is the lowest vacancy rate in Budapest.

“Longer Friday-Saturday trading remain”

On 11th April, the Hungarian government announced their proposal for parliament to abolish the standing law regarding Sunday closing for retail units. The proposal has already passed through voting in the Parliament on 12th April, theoretically allowing stores to open from Sunday, 17 April 2016.

Investment Markets: Budapest among the Most Attractive European Cities

According to CBRE’s 2016 EMEA Investor Intentions Survey – aired every year on the world’s leading property market – almost half (48%) of all surveyed expect their purchasing activity to be higher than last year, compared with just 15% who expect to be less active buyers. 43% also expect their selling activity to increase, indicating a buoyant and liquid real estate investment market for the region in 2016.
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