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Green certified office space has doubled in 4 years

1/27/20

The 630,000 m2 of certified green office space as of 2015 year-end had increased to over 1,500,000 m2 by the end of 2019, more than doubling the amount of green office space. This represents 40% of the total modern office stock.

2019 Record year for continental European Real Estate Investment, Hungarian volume fairly consistent with previous years

1/24/20

Commercial real estate investment volumes in Continental Europe reached a record high of €248bn in 2019, according to global real estate advisor, CBRE. This represents a 2% increase from €243bn in 2018, which was previously a record for investment volumes. Across the whole of Europe (including UK and Ireland), investment volumes totalled €315bn in 2019, down 2% from €322bn in the previous year. The small decrease in 2019 was due to a 19% decline in UK volumes reflecting investor caution in the face of ongoing political uncertainty. Even with the shrinking UK volume, 2019 was the second strongest year on record for European investment, after 2018.

Booming countryside retail market in Hungary

1/14/20

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.

Colliers International appoints Norbert Szircsák as new Head of Green Building Advisory Services

12/18/19

Leading global commercial real estate services and investment management firm, Colliers International announced, that Norbert Szircsák has been appointed as Head of Green Building Advisory Services.

WING is now a major player on the Polish market

12/16/19

The transaction, which was concluded on 13 December, saw WING Group become the majority owner of leading Polish real estate developer Echo Investment, a company traded on the Warsaw Stock Exchange.

S IMMO sold Twin Center office building

12/5/19

S IMMO Hungary closed a major deal by selling one of its Budapest office buildings. The transaction was conducted after a longer negotiation period.

Tenant experience brought up to next level

12/2/19

Vincent Vallois MRICS, Co-Founder of Online Real Assets – CEE Partner of Spaceflow tenant experience application – sees the market from a new perspective. Online Real Assets has just launched Spaceflow in Hungary and they see great potential and momentum for a space-as-service transition of the commercial real estate market.

Q1-Q319 Investment volumes in cee 54% above the 5-year average

11/12/19

Eston International. the Hungarian associate of Savills, hosted their annual commercial property conference in Budapest. The audience had the opportunity to chat about the latest trends of the sector with the hosts and speakers of the event: Adrjan Salamon, CEO of Eston International and Chriss Gillum, Head of Offices Regional Investment Advisory EMEA, Savills.

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