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Articles - Immofinanz

IMMOFINANZ Hungary won Office Branding of the Year Award with its myhive prime offices concept

IMMOFINANZ was awarded as “Office Branding of the Year Award" in 2020 at Office of the Year Competition. With this award the jury acknowledged the new, flexible office products which is still exceptional on the market. The myhive office brand was launched 4 years ago and has continued to grow and adapt to market needs.

IMMOFINANZ Hungary signed lease contracts for roughly 2,800 sqm with their STOP SHOP portfolio

The entire portfolio of the STOP SHOP retail network in Hungary, operating on 136,000 square metres in 14 locations and is almost fully leased. In the first quarter of 2021, IMMOFINANZ signed new and extended existing leases for roughly 2,800 sqm.

IMMOFINANZ leases 21,000 sqm of office space in Budapest

In IMMOFINANZ's Hungarian portfolio, several lease agreements and extensions of almost 21,000 m2 have recently been successfully completed. Thus, most of the company's local office buildings are currently fully leased

A showroom has opened in myhive Haller Gardens – The new premium myhive office services offering full flexibility are now available

Major upgrades have launched recently in myhive Haller Gardens office building and a showroom has been completed in the first phase as planned.

myhive Haller Gardens: a pioneering, comprehensive renewal in the Hungarian market

According to Viktor Nagy, country manager at operations of IMMOFINANZ Hungary, high-quality offices – including locations as well as the services – will always be needed. Among other things, we talked about the changed expectations due to Covid-19, the importance of lively community spaces and a wide range of services, and the new services of the gap-filling myhive office concept.

IMMOFINANZ financial statements

Q1-3 2020 in HUNGARY as of 30 September 2020

IMMOFINANZ: 10.4% increase in rental income during first half-year, net profit negatively affected by crisis-related write-downs

IMMOFINANZ started the 2020 financial year with strong operational performance, but the development of business in the second quarter was negatively influenced by the Covid-19 pandemic.

myhive: flexibility is the key in the office market

Viktor Nagy, Country Operations Manager of IMMOFINANZ Hungary said that by reacting immediately to the changing real estate market situation, they gained a significant market advantage. Their tenants appreciate the flexibility of the myhive concept, so a real win-win situation has emerged.
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