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Articles - irodapiac

Daikin Opens New Showroom in Promenade Gardens

Daikin Hungary set up its state-of-the-art showroom on a 309 sqm ground floor retail area in Tower ‘B’ of Promenade Gardens office building.

GalCap: Real Estate Acquisition in Budapest for German Pension Fund

GalCap Europe, the real estate asset and investment manager specializing in Austria and Central Europe, has acquired another asset in Budapest for a German pension fund’s portfolio: the Rumbach Center.

Allianz closes on the Eiffel Square office building in Budapest in a deal structured off-market by JLL

The transaction, one of the largest office deal investments in CEE this year was signed in May and closed in early June. Even if several investment transactions were derailed by the Q2 lock-down in Hungary, the transaction progressed in line with the original time frame.

TriGranit: The role of local expertise is unquestionable

Mr. Károly Dömötör Makk leasing manager of the company says that several different strategic responses can be observed among the office market tenants regarding the uncertain situation caused by the virus. We talked about the spill-over effects of this, the brown field investments (that have always been a priority for them), and Millennium Gardens features.

Construction of Aréna Business Campus Building “A” successfully completed, met deadline

Developing the capital’s largest office parks, Belgian Atenor started its grandiose project, Aréna Business Campus in the spring of 2018, located on Hungária Boulevard in District VIII. The real estate developer, quoted on the stock market of Brussels, implements four ‘A+’ category, environmentally conscious, outstanding level of quality office buildings on 72,000 m2 under number 30 Hungária Boulevard

CEE Investment Volumes remain strong in Q1 but are expected to drop in Q2/Q3 according to Colliers International latest research report

The preliminary investment volumes for the CEE region for Q1 2020 have reached ca. €3.7 billion, despite the onset of Covid-19 in CEE at the beginning of March.

The Budapest Research Forum hereby reports its Q1 2020 office market summary.

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q1 2020 office market summary.

New pre-lease in Váci Greens building E

With the help of Cushman & Wakefield Budapest a major software developer company has rapidly signed a 7,500 sq m pre-lease at Atenor’s Váci Greens Building E
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