GTC: we remain in the 13th district
The 20 € rent fee is unrealistic, but the current economic cycle will continue in the next two years – says Mr. Robert Snow, chairman of the GTC Hungary Real Estate Development Ltd.
Articles tagged office market
Creating Value in Hungarian Real Estate
GTC Hungary, the leading international office developer in Budapest, has completed its latest office building in the capital. The GTC White House is a brand new A-class office building of 21,500 m2. The state-of-the-art project features exhilarating, uplifting green architecture, including an entirely refurbished turn-of-the-century stand-alone loft building of 2,000 m2.
United 4 Skyline Tickets renews lease at Oktogon Ház
United 4 Skyline Tickets tenant for decades, continues to rent at Oktogon Ház
With the help of JLL consultancy the occupancy of Central Palace has reached 100 percent
In the first quarter of 2018 one of the significant deals of JLL's office leasing division was the leasing agreement with MITO advertising agency who is moving to 3,000 square meters in Central Palace, whereby JLL represented the landlord Kuantum Kft. The advertising agency will occupy its new office in Q3 2018.
Blue Cube welcomes Fővárosi Vízművek
S IMMO Hungary has concluded one of the largest office lease agreements of the first quarter of 2018 in Blue Cube office building. This, together with some other deals, has pushed the occupancy of the building over 90%.
Offices in South Buda Welcome New Technology Companies
Technology companies traditionally prefer office buildings that are close to universities and other ICT companies they cooperate with. One of Budapest’s most sought-after office submarkets is South Buda where the Science Park office building welcomes its newest tenants - AVL Autokút, Flex, Hydro Extrusion Hungary and Solvo Biotechnology, renting together more than 4,300 sq meters of prime office space.
Workforce and technology are the transforming forces on the real estate market
Michael Smithing, head of Head of Landlord Representation at Colliers International talked about the dominance of the Váci út corridor, the renewal of downtown and the limits of growth.
WING has officially handed over the new Ericsson HQ.
On May 29th, 2018, one of Hungary’s most modern office buildings, the Ericsson House, was officially handed over in the presence of the Prime Minister of Hungary and Ericsson’s worldwide CEO. This new building, developed by WING, features not only offices, but also one of the Swedish company’s largest European Research & Development centers.
