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News - Strong demand for industrial space in Budapest
18
Jan
2017

Strong demand for industrial space in Budapest

by Ákos Budai
In Q4 2016 total leasing activity amounted to 133,460 sqm on the Budapest industrial market which marks a 64% rise on a yearly basis. Meanwhile, the vacancy rate reached a new post-crisis low at 8.1% and there is currently no scheme offering more than 10,000 sqm available adjacent space. The Budapest Research Forum published its quarterly industrial market analysis.
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News - Budapest industrial market closes strong quarter
18
Oct
2016

Budapest industrial market closes strong quarter

by Ákos Budai
Total leasing activity amounted to 84,600 sqm on the Budapest industrial market in Q3 2016, which marks a 9% decrease on the previous quarter and a 37% ascent on a yearly basis.  The Budapest Research Forum has published its quarterly industrial market analysis.
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News - New office buildings push vacancy up in Budapest
18
Oct
2016

New office buildings push vacancy up in Budapest

by Ákos Budai
The vacancy rate has increased for the first time in two years on the Budapest office market in Q3 2016. Still, net absorption reached a positive volume, reflecting a healthy market environment. The Budapest Research Forum has published its quarterly office market analysis.
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News - Budapest office vacancy rate continues to decline
22
Jul
2016

Budapest office vacancy rate continues to decline

by Ákos Budai
Vacancy rates reached a record low level on the Budapest office market as a result of modest development activity and strong demand from tenants. The Budapest Research Forum has published its quarterly office market analysis.
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News - Vacancy increases on the Budapest industrial market
22
Jul
2016

Vacancy increases on the Budapest industrial market

by Ákos Budai
Renewals dominated the Budapest industrial property market in the second three months of the year where the vacancy rate has increased for the first time in nearly three years. The Budapest Research Forum has published its Q2 2016 industrial market snapshot.  
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News - Vacancy further decreases on the Budapest industrial market
22
Apr
2016

Vacancy further decreases on the Budapest industrial market

by Ákos Budai
The vacancy rate on the Budapest industrial market declined 2 percentage points to a level below 10%. The Budapest Research Forum has published its Q1 2016 industrial market snapshot.
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News - New leases dominate the Budapest office market
21
Apr
2016

New leases dominate the Budapest office market

by Ákos Budai
Vacancy rates have further declined on the Budapest office market as a result of modest development activity and strong demand from tenants. The Budapest Research Forum has published its quarterly office market analysis.
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Latest news


New leases

  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.

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