ARTICLES IN Interview TOPIC

15
Jan
2018

CPI plans major refurbishments in Budapest

by Ákos Budai
Last year, in a landmark deal, CPI Property Group has acquired 11 CEE retail assets from funds managed by CBRE Global Investors. Country Manager Mátyás Gereben talked to us about the company’s future plans for Hungary and revealed what’s in store for the five assets – shopping centres Pólus and Campona, the Andrássy Complex and two Interpsar stores – that were added to CPI’s Hungarian portfolio as a result of the €650 million deal.
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21
Dec
2017

Granit Polus has major plans for Budapest

by Ákos Budai
Founded almost 25 years ago by owners and managers of the former TriGranit Group, Granit Polus recently announced its intention to launch a major mixed-used development in the centre of Budapest. Owner Sándor Demján and CEO Gyula Ágházi shared the company’s new strategy with Property Forum.
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14
Dec
2017

Is it more difficult to develop in Bucharest than in Budapest?

by Ákos Budai
As a response to continued strong demand from tenants in Budapest and Bucharest, Skanska plans to launch several new projects in both capital cities. Marcin Łapiński, Managing Director for Hungary and Romania talked to Property Forum about the differences between the two markets.
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30
Nov
2017

Surprising figures from a dynamic Balkans capital

by Ákos Budai
Strong economic growth, booming tourism and increasing construction activity characterise one of the least well-known markets of the CEE/SEE region. Total office stock in the capital barely exceeds 100,000 sqm, which results in one of the highest rental fees in the region. The situation is, however, about to change as new mixed-use projects of higher quality should increase the pressure on landlords. Stela Dhami, Managing Partner at Colliers International shared us her positive outlook on the Albanian market.
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27
Nov
2017

CBRE Global Investors: Ready to react very quickly

by Ákos Budai
CBRE Global Investors have been one of the most active buyers on the CEE investment market recently. Having closed the off-market acquisition of a logistics/light industrial portfolio in the Czech Republic, Robert Snincak, Head of Investment Operations CEE talked to Property Forum about CBRE Global Investors’ investment strategy for the region.
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19
Oct
2017

Shopping centres will have a hard time surviving

by Ákos Budai
The increased use of technology is already changing the way industrial property is being built and used. Tim Davies, Head of EMEA Industrial and Logistics Agency at Colliers International United Kingdom talked to Property Forum about e-commerce, robotics, big data and many more.
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02
Oct
2017

E-commerce will wipe out medium-sized stores

by Ákos Budai
The growth of e-commerce is transforming the retail market all over the world. Experts don’t believe that physical stores will completely disappear but owners of developers of retail assets will need to come up with new ideas in order to attract customers. Jan Kotrbáček, Head of Retail Agency CEE at Cushman & Wakefield analysed the CEE retail market for Property Forum.
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28
Sep
2017

Tenants will be ready to pay more for employee wellbeing

by Property Forum
The recently appointed CEO of HB Reavis Hungary firmly believes that new office developments should focus on employee wellbeing and he thinks that tenants will be ready to pay higher rental fees for extra services that will help decrease their turnover. Jan Hübner talked to Property Forum about his expectations for the future of the Hungarian market and about Agora Budapest, the company’s major new development in the capital.
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25
Sep
2017

Romania is on the right track this time

by Ákos Budai
The Romanian market has attracted strong interest from international investors in recent years. Solid economic growth, improving perception and the availability of quality investment products have all contributed to the €400 million transaction volume registered in 2017. Andrei Văcaru, Associate Director of Capital Markets at JLL Romania explained Property Forum why Romania is on the right track.
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18
Sep
2017

TriGranit plans to expand into Southeastern Europe

by Ákos Budai
The CEO of TriGranit is still optimistic for 2017 on the Budapest property market, but he expects some kind of correction in the coming years. The question is: will this correction take place in the form of a market stabilisation or will it bring on a significant downturn? Árpád Török talked to Property Forum about TriGranit’s plans for new developments and acquisitions.
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