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Articles - Cushman & Wakefield

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.

eMAG opened in Mammut

As part of its transition into a hybrid retailer that conducts both online and offline salesmanship, eMAG opened its first shopping center unit on 300 sq m in Mammut Shopping and Entertainment Center in Budapest owned by NEPI Rockcastle. eMAG’s new store in Mammut I. also has a warehouse with space for thousands of products and will also act as a pick-up point for online orders.

Companies have to rethink their office needs

Mr. Hubert Abt, CEO & Founder of New Work says that COVID-19 transformed business models overnight. With 90% of the employees working from home, companies have been forced to rapidly change their organizational structures and workflow models. We have also discussed about a possible new market boom of the serviced office, coming recession and why “service” is replacing “office space” at the top of the wish list.

The Budapest Research Forum hereby reports its Q1 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 Q1 2020 office market summary.

New pre-lease in Váci Greens building E

With the help of Cushman & Wakefield Budapest a major software developer company has rapidly signed a 7,500 sq m pre-lease at Atenor’s Váci Greens Building E

EPAM Systems is the first tenant of Forest Offices, Debrecen

Cushman & Wakefield, Hungary’s leading real estate firm advised Capstone Befektetési Alapkezelő Zrt representing, Garda Ingatlan Fejlesztő Befeketetési Alap the owner of Forest Offices, in the lease negotiations with EPAM Systems.

Booming countryside retail market in Hungary

Cushman & Wakefield, Hungary’s leading real estate advisor contributed to the leasing of over 6,600 sq m prime retail warehouse area, and to the sales of 7,000 sq m countryside retail area in Q4 2019.

Another large occupier has chosen Váci Greens: Intrum Justitia signed for 5,200 m2 office space

5,200 square meters office space is leased by Intrum Justitia in Building ‘F’, the newest building of the Váci Greens office campus. With the arrival of the new tenant the occupancy rate of the 25,000 m2 office building is 60%, 7 months before its handover.