ARTICLES LABELLED WITH TAG BRF

News Renewals continue to drive Budapest’s office market
19
Jul
2021

Renewals continue to drive Budapest’s office market

by Property Forum
Total demand on the Budapest office market reached 97,990 sqm in Q2 2021, representing increases of 31% quarter-on-quarter and 11% year-on-year. Renewals still made up the largest share of total leasing activity with 40%, according to the Budapest Research Forum (BRF).
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News Pre-leases drive Budapest’s industrial market
23
Apr
2021

Pre-leases drive Budapest’s industrial market

by Property Forum
Total demand on Budapest’s industrial market amounted to 81,820 sqm in Q1 2021, indicating some 3% increase on the volume measured in the corresponding period of the previous year. Pre-leases dominated the demand with a share of 45%, according to the BRF’s quarterly report.
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News Pre-leases almost disappeared from Budapest’s office market in Q1 2021
20
Apr
2021

Pre-leases almost disappeared from Budapest’s office market in Q1 2021

by Property Forum
Budapest’s office market statistics for Q1 2021 continued to reflect the uncertainties and economic slowdown triggered by the COVID-19 pandemic. While quarterly demand remained somewhat weaker than in previous years, the gap narrowed as the number of transactions showed recovery, according to the Budapest Research Forum (BRF).
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News Budapest office market vacancy rate increases again
21
Jan
2021

Budapest office market vacancy rate increases again

by Property Forum
Total demand on the Budapest office market reached 86,310 sqm in Q4 2020, representing a 57% decrease year-on-year. The vacancy rate has increased to 9.1%, representing an increase of 1.0 p.p. quarter-on-quarter, according to BRF’s latest figures.
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News Budapest’s logistics market closes another strong year
21
Jan
2021

Budapest’s logistics market closes another strong year

by Property Forum
Total leasing activity throughout 2020 on the Budapest industrial/logistics market amounted to 537,900 sqm, marking a 29% increase from the previous year and the second-highest annual volume on record. The Budapest Research Forum published its quarterly industrial/logistics market analysis.
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News Record demand on Budapest’s logistics market
16
Oct
2020

Record demand on Budapest’s logistics market

by Property Forum
Total demand on the Budapest industrial/logistics market amounted to 460,000 sqm in Q1-Q3 2020. The vacancy rate at the end of Q3 2020 stood at 2.3% following a 0.21 pps decline y-o-y. The Budapest Research Forum published its quarterly industrial/logistics market analysis
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News Office vacancy rate continues to increase in Budapest
13
Oct
2020

Office vacancy rate continues to increase in Budapest

by Ákos Budai
Budapest’s office vacancy rate has increased to 8.1% in Q3 2020, representing an increase of 2.2 pps year-on-year. 106 lease agreements were concluded during the quarter and the number of signed transactions dropped by 25% compared to the same quarter of 2019, according to BRF’s latest figures.
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News Demand soars for industrial property in Budapest
17
Jul
2020

Demand soars for industrial property in Budapest

by Property Forum
Total demand on the Budapest industrial market amounted to 202,610 sqm in Q2 2020, which is two times higher than the figure registered in the same period last year and 17% higher than the 4-year average Q2 volume. The Budapest Research Forum published its quarterly industrial market analysis
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News Budapest office take-up halves compared to last year
16
Jul
2020

Budapest office take-up halves compared to last year

by Property Forum
Total demand on the Budapest office market in Q2 2020 reached 87,990 sqm, representing a 46% decrease year-on-year and the number of signed transactions dropped by almost 50% compared to the same quarter of 2019, according to BRF’s latest figures.
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News Bratislava’s office market slows down a bit
05
May
2020

Bratislava’s office market slows down a bit

by Property Forum
Take-up on the Bratislava office market amounted to 26,000 sqm in Q1 2020 which represents a 58% decrease compared to Q4 2019. The Bratislava Research Forum (JLL, CBRE, Cushman & Wakefield and Colliers International) published the office market figures for Q1 2020.
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Latest news


New leases

  • The Alsendo company has decided to lease 1360 sqm of space in Plac Unii in Warsaw for its office. Invesco Real Estate, the owner of the complex, was represented by Colliers in the transaction. Alsendo was advised by Savills.
  • Poland's only outlet store of the Italian brand Boggi Milano has opened in Designer Outlet Warsaw. On approximately 170 sqm, customers will find a large selection of men's formal and casual clothing.
  • Sii Poland has extended its lease agreement at West 4 Business Hub I in Wrocław for another five years. The company occupies approximately 2,300 sqm in the office building.

New appointments

  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
  • Katarzyna Chwalbińska-Kusek has taken on the role of business line head specialising in complex ESG consulting and will lead a multidisciplinary team of experts at Baker Tilly TPA.
  • Corees Polska announces the addition of Anna Shpatakova to the team as Associate Director. She will be responsible for providing comprehensive advice to office and industrial tenants.

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