ARTICLES LABELLED WITH TAG Budapest

News CPI Hungary brings all PM activities in-house
06
May
2022

CPI Hungary brings all PM activities in-house

by Property Forum
From now on property management, renting and legal services at CPI Hungary are performed by the employees of the company in all retail portfolios.
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News Market Group secures loan for Budapest mixed-use development
03
May
2022

Market Group secures loan for Budapest mixed-use development

by Property Forum
The asset management arm of Hungarian developer Market Group has signed a €65 million loan agreement with Raiffeisen Bank to finance a huge mixed-use project in a prestigious district of Budapest, not far from the embankment of the river Danube. A Class A office complex and a boutique hotel offering 127 rooms will be completed by 2023. 
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News Hungarian market players expect tightening financing conditions
03
May
2022

Hungarian market players expect tightening financing conditions

by Property Forum
Geopolitical tensions hurt demand for commercial property, appetite for property development, financing conditions and property investment decisions over the short run, the Hungarian National Bank (MNB) reports.
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News Kész to finish 10,000 sqm warehouse near Budapest soon
27
Apr
2022

Kész to finish 10,000 sqm warehouse near Budapest soon

by Property Forum
Kész Group's new logistics centre will offer 10,000 sqm of industrial space at Szigetszentmiklós, just off the M0 ring road.
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News Futureal and UniCredit Bank sign €79.5 million loan agreement
27
Apr
2022

Futureal and UniCredit Bank sign €79.5 million loan agreement

by Property Forum
Hungarian developer Futureal has signed a loan agreement worth €79.5 million with UniCredit Bank to finance the construction and long-term operation of the Corvin Innovation Campus office complex in Budapest. 
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News Net absorption recovers on Budapest's office market in Q1 2022
26
Apr
2022

Net absorption recovers on Budapest's office market in Q1 2022

by Property Forum
Vacancy went further up and only three new buildings have been added to the Budapest office market in the first quarter of 2022. Total demand reached 80,750 sqm, representing a 7% increase year-on-year, the Budapest Research Forum (BRF) reports.
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News Codic proceeds with mixed-use development in Budapest
21
Apr
2022

Codic proceeds with mixed-use development in Budapest

by Property Forum
The building, developed by Belgian firm Codic and called HomeWork has recently reached its final structure. Apart from 15 luxury flats, a total of 3,600 sqm of office and retail space will be available. A restaurant and a cafe will also serve the needs of tenants.
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News New co-owner to join large mixed-use project in Budapest
14
Apr
2022

New co-owner to join large mixed-use project in Budapest

by Property Forum
Private equity fund Főnix wants to take control of a financial investment firm that manages the construction of several hundred homes and office towers within the BudaPart mixed-use project in Budapest.
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News Hard Rock Hotel opens in Budapest
07
Apr
2022

Hard Rock Hotel opens in Budapest

by Property Forum
The five-star lifestyle hotel has 136 rooms, two restaurants, and a bar. An event venue was also established on the roof of the building in downtown Budapest.
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News Wing's Budapest office building gets certified
07
Apr
2022

Wing's Budapest office building gets certified

by Property Forum
Wing's Honvéd Center office building in Budapest has received a BREEAM certification. The refurbished office buildings earned their BREEM In-Use Very Good certification with their energy and water-efficient management and with features that contribute to the well-being and health of the occupants.
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Latest news


New leases

  • Majorel Polska, an international outsourcing services provider has extendied a lease agreement for the next 2 years and leased additional 400 meters for a new project - IT Hub in recently modernised Globis Poznań by GTC. It now occupies 3 200 sqm of A-class workspace. CBRE has advised Majorel Polska on concluding the lease contract.
  • NEPI Rockcastle Poland has extended its office lease agreement and enlarged its premises in the Cosmopolitan Twarda 4 building in Warsaw city centre. The shopping centre owner and operator now occupies 1,500 sqm of offices in the building.
  • Boeing Distribution Services (BDSI) has leased a 3,000 sqm building in Panattoni Park Rzeszów Airport III in Poland’s ‘Aviation Valley’, in the southeast of the country.

New appointments

  • Tomasz Pietrzak, with MLP Group for more than five years, has been promoted to the position of Leasing Director Poland. Until recently responsible for the commercialisation of warehouse space in the Warsaw region, now he will manage leases across Poland.
  • Savills has hired Dušan Drábek who joins its industrial agency team with immediate effect. Based in Savills Prague office, the new Associate Director will work alongside the Head of Industrial Agency, Chris LaRue.
  • Real estate consultancy Cushman & Wakefield Echinox has appointed Roxana Nicolae as Workplace Manager. She has 17 years’ worth of experience in Integrated Facilities Management for corporate clients.


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