18
Apr
2016
Apr
2016
Hungary lifts ban on Sunday shopping
On 11th April, the Hungarian government announced their proposal for parliament to abolish the standing law regarding Sunday closing for retail units. The proposal has already passed through voting in the Parliament on 12th April, theoretically allowing stores to open from Sunday, 17 April 2016. The decision comes little more than a year after the legislation came into effect in March 2015, and is likely a direct consequence of recent developments having paved the way for a referendum on the widely criticized policy. According to CBRE’s experience this is a highly appreciated change in legislation by the industry.
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30
Sep
2015
Sep
2015
Growing number of new retailers enter Budapest
Impressive turnover growth, increasing retailer demand and lack of new supply push rents up in Budapest retail market according to the new Hungarian Retail Market Report of CBRE global property advisor.
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Latest news
- Corning expands to over 100,000 sqm at Segro Logistics Park Stryków
- Penta Real Estate and PSN secure permit for mixed-use project in Prague
- Slovakia: Fewer easy wins, more specialised opportunities
- Poznań-based Andersia Tower nears full occupancy
- Matexi Polska posts higher resi sales in Q1 2026
- The carbon cost is already in your building. You just can't see it yet
- Prague airport among Europe's fastest-growing hubs
- Develia sells 860 apartments in Q1 2026
- HAVI leases 10,000 sqm in Panattoni Business Park Kladno
- Resi Capital by Cavatina kicks off resi tower construction in Warsaw
New leases
- BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
- Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
- Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
New appointments
- 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.
- Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
