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Articles - ingatlanpiac

ConvergenCE acquires Árpád Center office building in Budapest

The boutique investor, asset and property manager ConvergenCE has closed the acquisition of the Árpád Center office building in Budapest. The multi-let office building totals 5,400 m2 with 63 parking spaces and is located at the foot of the Árpád Bridge in a strongly developing office hub. This is the third in-house investment by ConvergenCE.

Number of visitors to IMMOFINANZ’s STOP SHOP and VIVO! retail properties rises substantially to over 142 million

IMMOFINANZ recorded strong growth in the number of visitors to its retail properties in 2018: More than 142 million customers visited the STOP SHOP retail parks and VIVO! shopping centers with over 800,000 sqm of rentable space. That represents an increase of roughly 20 million visitors, or 16.7%, over the previous year.

IMMOFINANZ increases occupancy rate to record level of 96 per cent

IMMOFINANZ’s portfolio concentration on office and retail properties and the clear brand policy are producing sustainable success: The occupancy rate in the standing investment portfolio continued to improve in 2018 and, at 95.8%*, reached a new record level in the company’s history.

Metropolitan Garden: new apartment complex to be built in Budapest by WING

As a follow-up to its highly successful Kassák Residence project, WING is developing a new residential project offering smart solutions at a desirable location in District 13, Budapest under LIVING, its umbrella brand specialising in residential properties.

More than €1.8 billion transacted on the Hungarian commercial real estate market in 2018

During 2018 the total commercial real estate investment transaction volume passed the €1.8 billion level in Hungary, marking the third consecutive year of stable and strong investor appetite and the highest annual transaction volume since 2007– according to JLL Hungary's latest forecast.

CBRE 2019 Market Outlook: European Real Estate Markets Continue To Build Momentum despite Global Uncertainty

The European property sector is expected to grow and bring new opportunities, despite continued downside risks, according to CBRE’s 2019 EMEA Market Outlook report.

Immofinanz financial result

Results of the Q1-3 2018 in HUNGARY as of 30 September 2018

Another major WING Zrt. development project in Budapest

WING Zrt has begun preparations for the construction of another major office building in one of Budapest’s most dynamically developing districts, right next door to the recently inaugurated Telekom headquarters. With a total floor space of 40 thousand square meters, the Liberty Office Building will offer premium office and retail spaces to prospective clients
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