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Articles - S IMMO

IMMOFINANZ: Letter of intent for the sale of the Hungarian office portfolio

IMMOFINANZ has signed a letter of intent for the sale of its Hungarian office properties to S IMMO

S IMMO sold Twin Center office building

S IMMO Hungary closed a major deal by selling one of its Budapest office buildings. The transaction was conducted after a longer negotiation period.

Private hospital moves into Buda Center

S IMMO’s Buda Center office building became multifunctional by welcoming Emineo Private Hospital. Hungary’s first musculoskeletal surgery centre was established on more than 1,300 sqm, providing high quality inpatient and outpatient care. With this lease, Buda Center is now fully let.

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%.

S IMMO: stable portfolio

Géza Barabás took over the management of the S IMMO Budapest subsidiary from March 1, and thus became the Budapest Portfolio Manager. Besides the regional outlook we talked about the plans of this year, the importance of honouring the staff and about the most wanted products.

S IMMO Hungary assigned JLL and Robertson Hungary as co-exclusive leasing agents of River Estates office building

S IMMO Hungary, owner of River Estates office building located at the junction of Váci road and Dózsa György road, co-exclusively assigned JLL and Robertson Hungary real estate agencies to lease 9,200 square meters of quality office space.

S IMMO AG: Change in Hungarian Management

As of 01 March, Géza Barabás will lead the S IMMO subsidiary in Budapest and hence be responsible for the Hungarian Portfolio Management.

S IMMO: further potential in local market

Ms. Katalin Sermer, CEO of S IMMO Hungary Kft is quite optimistic for the future regarding Budapest office market. The company is ready for an upward period, expected developments of the last years resulted; the average occupancy rate is above 90% – she says.
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