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Articles - Colliers

2020 CEE investment volumes end up at €10.4 billion, 24% behind 2019 levels.

Poland, Czech Republic and Hungary all saw YoY declines in volumes.

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Ede Gulyás to join Colliers to lead the office agency team

Ede Gulyás will join Colliers Hungary per February 1 to take up the position of Director and Head of Office Agency.

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Colliers global investor outlook report anticipates up to 50% surge in global investnment in 2021

Leading diversified professional services and investment management firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) reveals investors are largely optimistic about a market rebound in 2021, according to its new Global Capital Markets 2021 Investor Outlook.

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The Budapest Research Forum hereby reports its Q3 2020 office market summary

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q3 2020 office market summary.

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Cargill Hungary is the newest tenant of Aréna Business Campus

Cargill Hungary signed a nearly 900 m2 office lease agreement in the 1st phase of Aréna Business Campus Building “A”, the megaproject of Atenor in District VIII. The 21,133 m2 Aréna Business Campus Building “A” was handed over according to schedule this May, its first tenants moved in during the summer.

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Colliers appoints new Head of Property and Facilities Management in Hungary

Katalin Honi has been appointed new Head of Property and Facilities Management for Colliers in Hungary, as per mid-September.

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Many companies in the CEE region might consider a hybrid mix of remote and office-based work along with software for management of distributed teams, project management, team management and even skills management in the business.

We expect that a fair amount of market activity in 2020 will come from lease renegotiations and renewals as opposed to new and pre-lease transactions. We might record more sub-leases being offered if companies need to downsize. Tenant covenants will receive additional scrutiny by landlords, banks and investors in order to limit risk to a sustainable income.

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GalCap: Real Estate Acquisition in Budapest for German Pension Fund

GalCap Europe, the real estate asset and investment manager specializing in Austria and Central Europe, has acquired another asset in Budapest for a German pension fund’s portfolio: the Rumbach Center.

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