A significant transaction has been completed on the investment market in Hungary. The buyer, a German private equity investor, represented by Colliers International purchased StefániaPark office building located in the 14th district of Budapest. The seller, IVG was represented by JLL. The parties have agreed not to disclose the exact purchase price.
The Hungarian representation of the American watch manufacturer has decided to move its headquarters in Budapest from the 3rd district to Science Park, and will occupy a new office space from Q1 2014. – said Petra Holy, Associate Director at Colliers International Office Agency.
Colliers International, a leading real estate management services provider, was instructed by IMMOFINANZ Group to manage eleven office and industrial properties located in Bulgaria, Hungary and Poland. The total volume of the managed portfolio exceeds 167,000 m2 of GLA.
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.
The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, Jones Lang LaSalle and Robertson Hungary) hereby reports its.
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