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Articles - office building

Growth is important, but we also have to make profit

Mr. Hubert Abt managing director of Property Systems says, that the one who constantly is concerned about how long the business is going, shouldn’t start an enterprise. We also discussed the limits of growth, the transformation from Ltd. to a listed company and what makes design passionate. The starting point of the conversation is that a new center of NEW WORK Offices just opened, which is also the company's first location at Buda side.

Knight Frank announces new office in Budapest

Knight Frank formally opened a dedicated office in Budapest, becoming a fully branded Knight Frank business from September 20th 2018.

Hungarian Real Estate Investments Continue in a Steady Manner

With investor appetite for newly-built offices remaining competitive there is also a continuous demand coming from investors seeking older, yet sustainably rentable offices with high occupancy – these refurbished offices remain attractive for the active funds in Budapest

Eventful summer at Eiffel Square Office Building

Life hasn’t stopped at Eiffel Square during this summer. The past few years Eiffel Square has become a popular community area in the city center, due to continuous revival and activities provided by the Eiffel Square Office Building and its property manager, ConvergenCE.

Electrolux finds competitive advantage in Promenade Gardens

Market leading professional and household appliances company Electrolux set up its new 1,730 sqm Hungarian headquarters this month in Promenade Gardens, the most technically advanced office building recently completed on the Váci office corridor of Budapest.

Robust Leasing Activity H1 2018 in Budapest Office Market

The leasing activity in the Budapest office market remained strong with more than 253,000 sq m office space leased in the first half of 2018. In total, commercial real estate agencies were involved in 173,000 sq m of office leasing transactions, from which CBRE completed the largest amount of transactions, 42,245 sq m equating to 24.4% market share in the Agents market.

Private hospital moves into Buda Center

S IMMO’s Buda Center office building became multifunctional by welcoming Emineo Private Hospital. Hungary’s first musculoskeletal surgery centre was established on more than 1,300 sqm, providing high quality inpatient and outpatient care. With this lease, Buda Center is now fully let.

Efficient consultancy background, strong landlord trust at JLL

Over the past year, Office Group of JLL Hungary doubled the number of its office leasing assignments, currently representing 276,000 square meters of office space as an exclusive or co-exclusive agency. Since 2014 the firm participated in nearly 260,000 square meters of transaction acting as one of the Hungarian market's leading real estate consultancy.