ARTICLES LABELLED WITH TAG budapest
10
Nov
2022
Nov
2022
Futureal secures WELL Platinum certification for Budapest project
The first phase of Budapest ONE, developed by Futureal, has received a WELL Platinum certification. The office building was the first in Hungary to meet the highest requirements of the International Well Building Institute (IWBI).
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09
Nov
2022
Nov
2022
CPI sells office portfolio in Budapest to S Immo
The sale comprises eight properties totalling around 109,000 sqm of lettable space with an annual rental income of approximately €16 million, plus one plot of land.
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08
Nov
2022
Nov
2022
White Star Real Estate sells Krisztina Plaza in Budapest
White Star Real Estate has sold the 17,000 sqm Krisztina Plaza office building in Central Buda. The name of the buyer was not disclosed.
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08
Nov
2022
Nov
2022
New Work expands operations in Budapest and Warsaw
CEE-based flex office operator New Work continues to expand in its key markets. In Budapest, the company opened the second phase of its business centre in the Science Park office building in South Buda, adding 2,000 sqm of high-quality flex office space to the local market. In Warsaw, New Work opened a brand location, offering 1,135 sqm, in the Tulipan House office building in the city’s Służewiec district.
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25
Oct
2022
Oct
2022
Living starts first residential project in Buda
Construction of the Római Part residential park by Hungarian developer WING’s umbrella brand Living is already underway just off the riverbank of the Danube in Budapest. The 257-unit complex is the closest residential development of this size to the river.
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25
Oct
2022
Oct
2022
Buda Bright complex reaches highest point in Budapest
Indotek Group’s first large-scale residential project in Budapest, Buda Bright, was launched in March 2021 and is planned to be handed over at the end of next year.
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21
Oct
2022
Oct
2022
Speculative industrial stock rises sharply in Hungary
In Q3 2022, the speculative industrial stock in Greater Budapest was expanded by eight buildings, a total of 145,390 sqm, while four new buildings were handed over in Regional Hungary, with a total of 33,380 sqm, Budapest Research Forum (BRF) reports.
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20
Oct
2022
Oct
2022
GRAWE Group buys Máriássy office complex in Budapest
Wing has sold the Máriássy office complex in Budapest to GRAWE Immo AG, part of the GRAWE Group. Wing purchased the plot and developed the office buildings in 2003-2005. Financial details were not disclosed about the deal.
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18
Oct
2022
Oct
2022
New office supply increases significantly in Budapest
In Q3 2022, the volume of new supply in Budapest's office market increased significantly compared to the previous quarter, marking the highest volume since Q2 2020, the Budapest Research Forum (BRF) reports.
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14
Oct
2022
Oct
2022
Cordia to launch huge residential project in Budapest
Hungarian residential developer Cordia, a subsidiary of Futureal Group, will soon launch a new large-scale district renewal development in Budapest.
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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.
