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Articles - ingatlanpiac

Renovation of Stock Exchange has commenced

Michael D. Tippin, President of developer Tippin Corporation, together with Peter Szentgyörgyvölgyi, Mayor of District V, discussed the plans for the Stock Exchange in Liberty Square.

IMMOFINANZ: net profit from continuing operations turns strongly positive at EUR 181 million – dividend recommendation raised to 7 cents per share

• Growth of 4.5% in like-for-like rental income • Increase of 44.4% in results of operations to EUR 107.6 million • Improvement of 34.0% in FFO 1 to EUR 71.4 million

JLL & CBRE appointed as Co-Exclusive Agents for Exchange Palace

Exchange Palace the iconic former Budapest Stock Exchange building co-owned by Canadian developer Tippin Corporation and Luxembourg Optimum Fund Management, have received a final building permit and will commence reconstruction works in 2018.

IMMOFINANZ: Discussions on the merger with CA Immo remain suspended for the time being – other strategic options are under evaluation, including the sale of the CA Immo shares

The Supervisory Board and Executive Board of IMMOFINANZ AG today decided to continue the suspension of detailed discussions over a possible merger between CA Immobilien Anlagen AG (CA Immo) and IMMOFINANZ for the time being and to also evaluate other strategic options.

S IMMO AG: Change in Hungarian Management

As of 01 March, Géza Barabás will lead the S IMMO subsidiary in Budapest and hence be responsible for the Hungarian Portfolio Management.

WING acquires EuroCenter

Hungary’s leading property company, WING Zrt, has acquired a retail portfolio which includes the EuroCenter Óbuda Shopping Center as well as two properties in the regional city of Szombathely.

What does serviced office mean? And what is co-working? What is the difference compared to traditional offices?

Everything you wanted to know about the fastest growing segment of the office market in 6+1 points

Erste Ingatlan Alap acquires Market Central Ferihegy

Market Central Ferihegy, one of the largest retail parks in Hungary, and adjacent office complex Quadrum have been acquired by Erste Ingatlan Alap. According to Erste Asset Management, growth of the economy and expansion of the retail market in Hungary may facilitate higher rent, representing favourable outlooks for future returns of real estate funds.
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