Mr. Hubert Abt managing director of New Work Offices zrt says that Budapest remains the most important market for now, but Poland will take over this role by the end of the year. We also discussed rising fees, tenants’ needs and why good design can not be calculated by ROI.
Atenor opened its brand new, super modern, showroom inclusive 760 m2 office in Váci Greens D, thus duplicating its previous size.
Year-end of 2018 brought two major developments for Szervita Square Building, a LEED Platinum certified, sustainable multi-purpose commercial and luxury residential property to be handed over in 2020 by Budapest-based Horizon Development.
In 2018 CBRE transacted the largest amount of office space in Budapest, equating to nearly 105,000 sq m – the first time an Agency has ever exceeded 100,000 sq m within a year in Hungary.
In 2018 JLL's Hungarian office closed an outstanding year, the company contributed to the biggest sales transaction of the year, and the office leasing division also outperformed its last year's performance.
Nearly two years have been passed since the opening of the first office building in Hungary under the brand myhive – IMMOFINANZ’ international office concept. Since then, the concept has already covered five Budapest office buildings of IMMOFINANZ, with a total of 113 000 sqm of leasable space and 56 tenants employing 7,500 people.
Codic International, the Brussels-based developer, announced that construction has commenced on the office component of Green Court, their latest mixed-use development to be realized in partnership with the Hungarian Pesti Házak and the Austrian Venta Group. The project is located in Budapest on Dózsa György út, the new focus point of the inner Váci corridor.
WING has sold the Angyal (Angel) office building, set adjacent to Boráros Square in central Budapest, to French economy hotel chain B&B Hotels. The building will be converted to a hotel based on the two companies’ strategic agreement, and become B&B Hotels’ first hotel in Hungary, with WING taking on development tasks.
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