iO Partners Hungary facilitates office building sale in Budapest

24
Mar
2025
News - iO Partners Hungary facilitates office building sale in Budapest #Budapest #Hungary #iO Partners Hungary #Váci Corridor

by Property Forum | Investment

iO Partners Hungary successfully advised on the sale of a nearly fully leased office building in Budapest’s Váci Corridor.


This transaction marks their fourth office deal closure since November 2024, achieving a 100% market share in the office asset class within this period. 

The 9,000 sqm office building is anchored by an international rail freight company, ensuring a long-term income stream. 

This sale, along with their recent transactions, indicates a positive shift in liquidity for Hungarian properties, increasing optimism for a promising market environment in 2025, according to the agency.




Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


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