ARTICLES LABELLED WITH TAG brf
17
Jul
2020
Jul
2020
Demand soars for industrial property in Budapest
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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16
Jul
2020
Jul
2020
Budapest office take-up halves compared to last year
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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05
May
2020
May
2020
Bratislava’s office market slows down a bit
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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20
Apr
2020
Apr
2020
Renewals drive Budapest’s industrial market in Q1 2020
Total demand on the Budapest industrial market amounted to 79,660 sqm in Q1 2020, indicating a 5% decrease from the figure noted in the same period last year. Lease renewals accounted for an outstandingly high ratio, reaching 85% of the quarterly volume. The Budapest Research Forum published its quarterly industrial market analysis
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09
Apr
2020
Apr
2020
Slight increase in vacancy on Budapest’s office market
For the first time since Q4 2018, the vacancy rate on the Budapest office market increased in Q1 2020, albeit only by 0.6 pps. Total demand in the first quarter of 2020 reached 79,660 sqm, stagnating year-on-year, according to BRF’s latest figures.
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24
Jan
2020
Jan
2020
Budapest’s industrial market is driven by renewals
Total demand on the Budapest industrial market amounted to 88,230 sqm in Q4 2019, indicating a 16% decrease on a yearly basis. Leasing activity was driven by renewals (86%), followed by expansion (12.8%) and new leases (2.6%). The Budapest Research Forum published its quarterly industrial market analysis.
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21
Jan
2020
Jan
2020
Budapest’s office market sees record low vacancy once again
Total demand on the Budapest office market in Q4 2019 reached 202,510 sqm, representing an 18% increase from the corresponding period in 2018, according to BRF’s latest figures. The vacancy rate has decreased to a record low of 5.6%, representing another 0.3 pps reduction quarter-on-quarter.
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21
Oct
2019
Oct
2019
No empty warehouse left in Budapest
The vacancy rate on the Budapest industrial market reached 2% at the end of Q3 2019. Total demand amounted to 154,825 sqm, indicating a 42% increase from the figure noted in the same period last year. The Budapest Research Forum published its quarterly industrial market analysis.
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21
Oct
2019
Oct
2019
Strong demand for Budapest offices
Total demand on the Budapest office market in Q3 2019 reached 191,235 sqm, representing a 41% growth compared to the same period of last year, according to BRF’s latest figures.
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07
Aug
2019
Aug
2019
Office take-up increases in Bratislava
Total take-up on Bratialava's office market reached 80,000 sqm, representing a 160% increase over the previous quarter. The Bratislava Research Forum announced the office market figures for Q2 2019.
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New leases
- Panattoni has signed an agreement with a new tenant for its urban development in Łódź. Olmed, which operates a pharmacy and online drugstore, has taken up 9,500 sqm of space in City Logistics Łódź VI.
- The Polish subsidiary of Hoerbiger, specialized in precision positioning technologies, has leased 200 sqm in the Warsaw-based SOHO by Yareal. The company will start operations in the new offices this May.
- Ingram Micro, the global distributor of IT solutions and mobile devices, has renewed its lease at the MLP Pruszków II logistics center, covering around 8,200 sqm of modern warehouse and office space. The lease deal was brokered by CBRE.
New appointments
- Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.
- Joanna Leńkowska has been appointed as Workthere Lead at Savills Poland, taking over the role from Thomas Jodar. Leńkowska brings five years of experience in the flexible office sector to the team, having previously worked with WeWork and CitySpace.
- CTP Romania has appointed Diane-Monique Forrest as Business Developer. She will focus on leasing activities in Transylvania, covering key cities such as Timișoara, Arad, Sibiu, and Deva.
