ARTICLES LABELLED WITH TAG budapest
04
Jan
2023
Jan
2023
IHG to open two new hotels in Budapest
Verno House Budapest, Vignette Collection, is set to open in the summer of 2023 under a franchise agreement and voco Budapest is to open in late 2023 under a management agreement, europe-re.com reports
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19
Dec
2022
Dec
2022
Hungary's Living to start new resi projects in Budapest
Hungarian developer Wing launched its umbrella brand Living 5 years ago. Nine residential development were started, and over 1,200 apartments have been sold so far. The company also has several other developments in the pipeline.
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09
Dec
2022
Dec
2022
BDPST Group to buy Hotel Gellért in Budapest
Hungary's BDPST Group is set to acquire Hotel Gellért in Budapest, located in the same building as one of the city's most famous spas, from Indotek Group. The price of the transaction was not disclosed. Indotek obtained the hotel in 2019, buying the property from Danubius Hotels Group, portfolio.hu reports.
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09
Dec
2022
Dec
2022
How are CEE hotel markets doing post-pandemic?
In its latest study on the CEE hotel market, hotel real estate expert Christie & Co sheds light on how the capital cities of Prague, Bratislava and Budapest developed during the Covid-19 pandemic and which of the three cities emerged the strongest from the crisis.
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08
Dec
2022
Dec
2022
Hungary's Mol opens new headquarters in Budapest
Mol Campus, Hungarian oil company Mol's new headquarters, located within the BudaPart mixed-use project and built by Market Építő Zrt., is the highest office building in the country reaching 143 meters and offering 86,000 sqm of office and retail space.
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06
Dec
2022
Dec
2022
GTC to open biggest single office complex in Hungary
The existing two buildings of Centerpoint, owned by GTC and located in the heart of the largest office district in Budapest, are set to undergo a massive technical refurbishment which is to be completed next year.
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06
Dec
2022
Dec
2022
CityLab opens after massive refurbishment in Budapest
The first tenant has already moved into the downtown office building recently modernised by Defactoring Zrt. Located in District 9, the office building has been equipped with solar panels and smart devices.
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25
Nov
2022
Nov
2022
French investor buys office complex in Budapest
French company Groupama Gan REIM, on behalf of the SCPI Affinités Pierre, has acquired the Green Court Office complex on Budapest's Váci Road from Codic Hungary. The complex, comprising two buildings, offers 20,181 sqm of office space.
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14
Nov
2022
Nov
2022
Wing to renovate former congress hall in Budapest
As part of an office development project by Wing, the Ligeti Auditorium will undergo a complete renovation while preserving its historical heritage, according to the company's LinkedIn page.
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10
Nov
2022
Nov
2022
Cordia starts large new resi projects in Budapest
The Hungarian property developer is putting 500 more homes up for sale in the centre and the green belt of the capital.
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Latest news
- Newmark Polska appoints new Head of Capital Markets
- Budapest buyers shift toward higher-priced homes
- W. P. Carey closes €52 million sale-leaseback in Poland
- Ukraine's newest property type: The human-centred shelter
- Scallier launches retail park in Ruda Śląska-Kochlowice
- Hungary's Bayer Construct fights for survival
- EQT Real Estate signs 108,000 sqm lease in Poznań
- MetaWealth closes first round of Romania BESS programme
- Archicom secures occupancy permit for Flow phase two in Łódź
- AXI IMMO reports growing divide in Kraków office market
New leases
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
- 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.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- 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.
