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

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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