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Articles - rics

DTZ in Hungary has signed the RICS codex of agency services

7/3/14

The initiative of RICS members resulted in the establishment of the Real Estate Agency and Brokerage Standards (REABS), which provides best practice guidance for real estate agents and brokers internationally. The agencies who endorse the 12 points of the codex ensure that clients receive objective advice, delivered in a professional manner that is consistent with internationally recognized standards.

The incalculable leasable area

4/16/14

Rent per unit (usually EUR/m2/month) and the size of leasable area (m2) are important components of lease contracts because their product equals the rent payable by the tenant. However, landlords often attempt to set a relatively low rent per unit to attract tenants while claiming the largest possible leasable area since many tenants are only concerned with the rent per unit, which is readily comparable with market rates, not paying enough attention to the size of leasable area or the method employed for its calculation.

RICS released its first Commercial Property Monitor for Hungary

1/28/14

RICS, the Royal Institution of Chartered Surveyors, has just released its first Commercial Property Monitor for Hungary. RICS conducts the global survey quarterly to provide a relative measure of market sentiment in commercial real estate markets globally. This is the first time RICS has produced an independent country report on commercial market trends.

The Measurement of Commercial Office Space

11/27/13

The Hungarian version of the second, reworked edition of The Measurement of Commercial Office Space by Dr László Erdélyi is now available in Apple’s iBookstore. The strategic partner involved in its publication has an exclusive right to feature it on its portal and to provide details of its online availability on irodakereso.info. The English version is scheduled to be published at the end of this year.

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