ARTICLES LABELLED WITH TAG budapest
15
Feb
2022
Feb
2022
GTC Hungary appoints new top managers
GTC Hungary has appointed new top managers who will be responsible for serving GTC’s clients more efficiently.
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14
Feb
2022
Feb
2022
Number of green buildings on the rise in Budapest
Last year the number of new green buildings and the "greening" of existing ones continued to grow dynamically in Budapest, Colliers reports.
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04
Feb
2022
Feb
2022
New office park to open in prestigious quarter of Budapest
Enter City Office Park will appear on the hilly side of the Hungarian capital and is expected to be completed in 2023, Építészfórum reports.
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03
Feb
2022
Feb
2022
New hotel to open in refurbished leisure centre in Budapest
A long-vacant iconic building on Almássy Square in District 7 of Budapest, which previously housed a leisure centre, will be transformed into a 135-room hotel, Építészfórum reports.
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02
Feb
2022
Feb
2022
Hilton to open six new hotels in Europe, two in CEE
Hilton decided to open six new DoubleTree by Hilton hotels in Europe, including two in CEE: one in Budapest and one in Brasov.
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01
Feb
2022
Feb
2022
S Immo to install solar panels on top of office building in Budapest
S Immo Hungary decided to install more than 400 solar panels on top of the Blue Cube office building. The solar panels will cover 20-25% of the total energy consumption of the office building
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28
Jan
2022
Jan
2022
Budapest’s industrial market breaks all records in 2021
Total demand amounted to 237,475 sqm in Q4 2021, indicating a 115% increase over Q4 2020 and making 2021 a record year in terms of total demand, according to the Budapest Research Forum’s latest industrial market snapshot.
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28
Jan
2022
Jan
2022
Wing buys Budapest logistics park at record low yield
Wing has acquired Airport City Logistics Park near Budapest’s Liszt Ferenc International Airport, comprising approx. 44,000 sqm of modern warehouse buildings and 8,000 sqm of office area. Through the transaction concluded with CPI Property Group, Wing further strengthens its position in the Budapest industrial and logistics market. The transaction was carried out at a record low, 5.6% yield.
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27
Jan
2022
Jan
2022
CA Immo sells office property in Budapest
CA Immo has signed and closed the sale of the R70 office building in Budapest. The sale of the property, which was completed in 2002 and comprises 19,200 sqm of gross leasable area (GLA), has closed in line with the book value as of Q2 2021. The buyer was local construction company Épkar Zrt. which used funds obtained through the National Bank of Hungary's Funding for Growth Scheme.
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25
Jan
2022
Jan
2022
Living completes first phase of Budapest resi project
Living, an umbrella brand of Wing specialising in residential properties, has completed the first phase of its Park West project offering 229 apartments in District 13 of Budapest. About 700 apartments will be constructed in the residential development project to be carried out in three phases.
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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.
