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.
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.
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.
DVM group appointed Ida Kiss to head up its design department. The architect professional manages and supervises a team of more than 40 people while is also responsible for smooth client relations and the coordination of high-level design processes.
Leading Hungarian IT company evosoft Hungary Kft, 100% owned by Siemens, to rent a soon-to-be-built office building in Budapest
United 4 Skyline Tickets tenant for decades, continues to rent at Oktogon Ház
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.
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%.
Anchor tenant Celanese was the first to move into just completed Promenade Gardens office building last week, now occupying their new 4,200 sqm headquarters. They will soon be followed by Citibank Europe, as the Hungarian Branch Office of the global bank is setting up its new 8,000 sqm Budapest office from 1 December in the A+ category property owned by Erste Open-Ended Real Estate Fund and developed by Horizon Development.