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Articles - irodapiac

New Loft Offices opened in Óbuda

With the last works completed in July, the new office building ”Buda Loft Offices” is ready to welcome its new tenants. The offices with its industrial feeling are especially very suitable for advertising, media and creative IT companies. Colliers International has been appointed as the exclusive letting agent on the building

Looking for good yields in Europe? Go East to Romania and Hungary.

Prime office yields in Berlin are currently very low at 3.85% , although products in major German cities such as Frankfurt are still providing higher returns than those located in London or Paris. At the same time Romania and Hungary are seeing new capital flowing into their respective commercial real estate markets. This is a consequence of a significant yield spread between Western and Eastern Europe, where prime office yields, for example in Bucharest, are currently at 7.5%.

Moving IT firms Electrify the Budapest office market

Before the global economic crisis the financial sector dominated the Budapest office market, banks leased the greatest number of new offices, impressive new headquarters were built for them. By now the situation has changed: the biggest players are from the ICT (information and communication technology) sector in Budapest, leading companies are building new headquarters, and the globally influential Hungarian companies are moving into larger and larger offices.

The BRF second quarter 2016 office market data

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises of CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) hereby reports the Q2 2016 office market analysis.

Lágymányos: new developments in Budapest’s most sought-after office market

The north western part of the South Buda office market, the Lágymányos micro-market is one of the most popular location of the past 15 years. Only 1.7% of the offices were vacant at the beginning of 2016, which is the lowest vacancy rate in Budapest.

New Associate Directors at Colliers’ Hungarian Office

Colliers International Hungary is pleased to announce, that Tamás Steinfeld has joined the Valuation & Advisory Services Team as new Associate Director, while Leonhard Boom has been assigned to the position of Associate Director and Head of Landlord Representation of the Office Agency Team.

Developments result in tenants’ recognition

S IMMO Hungary’s office buildings have seen continuous upgrading and increasing occupancy. Most of the technical and visual renovation works finished by the end of last year. This year has already brought a number of major lease agreements. S IMMO Hungary, which has been operating on the Hungarian property market for 15 years now, put great emphasis on modernizing its properties in the last 3 years.

Office assets: five factors for success that matter to investors

In 2015, office buildings located in Central and Eastern Europe attracted a great deal of interest from investors. Projects situated in prime locations such as Warsaw, Prague, Budapest, Bucharest, and Polish regional cities have often found buyers even before construction has been completed. However, the requirements of investment funds are increasingly demanding with developers needing to create products with added value. To successfully create added value, Skanska not only builds offices but nurtures good relationships with their clients as well.