ARTICLES LABELLED WITH TAG Budapest

News CTP to build 35,000 sqm park for Lenovo next to Budapest
01
Oct
2020

CTP to build 35,000 sqm park for Lenovo next to Budapest

by Property Forum
CTP is building Lenovo's first European plant in Üllő, Pest County, in ctPark Budapest East industrial park. As part of the investment worth more than €18 million, CTP is building Lenovo's first high-tech European plant on nearly 35,000 sqm, the delivery of which is scheduled for spring 2021.
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News Budapest hotels project 70% lower revenue in 2020
24
Sep
2020

Budapest hotels project 70% lower revenue in 2020

by Property Forum
Most hotels in Budapest will see their revenues decrease by more than 70% compared to 2019 this year, while hotels outside the capital expect 20% to 40% lower revenues, according to a representative survey commissioned by the Hungarian Hotel and Restaurant Association.
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News ConvergenCE to renovate Budapest office building
21
Sep
2020

ConvergenCE to renovate Budapest office building

by Property Forum
Central Business Center, an office building located in Inner Buda is undergoing a major renovation by ConvergenCE. Recognised as the highest quality office building in Budapest at the time of its construction in 1994, an upgrade for the 9,540 sqm property was long overdue.
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News Vodafone to move HQ to Futureal’s office park in Budapest
15
Sep
2020

Vodafone to move HQ to Futureal’s office park in Budapest

by Property Forum
As the next step in the integration of Vodafone Hungary and UPC, in the autumn of 2022, colleagues working in the company's Budapest offices will move to the Budapest One office park. The complex, developed by Futureal, will house Vodafone's new headquarters.
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News Atenor secures building permit for Budapest office project
07
Sep
2020

Atenor secures building permit for Budapest office project

by Property Forum
Atenor announced that RoseVille, its latest project in Budapest, located on Bécsi Road of District III has received the final building permit. The developer acquired the 6,604 sqm plot at 68-84 Bécsi Road last spring to build a 15,000 sqm Class A+ office building there.
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News Skanska launches new office project in Budapest
10
Aug
2020

Skanska launches new office project in Budapest

by Property Forum
Skanska invests about €65 million in the first phase of the new office complex H2Offices located in Budapest, Hungary. It will offer a total leasable area of about 26,000 square meters and is designed to obtain WELL and LEED certifications.
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News Belgian developer acquires 30 ha plot near Budapest
30
Jul
2020

Belgian developer acquires 30 ha plot near Budapest

by Property Forum
Belgian property developer Weerts bought a 30-hectare lot from Erste Real Estate near Budapest, advisory firm VLK Cresa said in a statement.
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News HB Reavis appoints ConvergenCE to lease Budapest building
30
Jul
2020

HB Reavis appoints ConvergenCE to lease Budapest building

by Property Forum
ConvergenCE has been appointed the exclusive contract to support the owner, HB Reavis to lease the Agora Tower office building which recently opened on Budapest’s Váci Road office corridor.
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News Demand soars for industrial property in Budapest
17
Jul
2020

Demand soars for industrial property in Budapest

by Property Forum
Total demand on the Budapest industrial market amounted to 202,610 sqm in Q2 2020, which is two times higher than the figure registered in the same period last year and 17% higher than the 4-year average Q2 volume. The Budapest Research Forum published its quarterly industrial market analysis
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News Budapest office take-up halves compared to last year
16
Jul
2020

Budapest office take-up halves compared to last year

by Property Forum
Total demand on the Budapest office market in Q2 2020 reached 87,990 sqm, representing a 46% decrease year-on-year and the number of signed transactions dropped by almost 50% compared to the same quarter of 2019, according to BRF’s latest figures.
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Latest news


New leases

  • Boss brand store has doubled the space it occupies in Designer Outlet Sosnowiec. After two years of presence in the shopping centre, the German clothing manufacturer expanded its offering to include women's collections and moved to larger premises. The brand now occupies a 340 sqm showroom.
  • Knight Frank has chosen the Vibe office building in Warsaw's Wola district as its new Warsaw headquarters. The agency has leased almost 1,000 sqm on the 9th floor of the building. The contract was signed for a period of 7 years.
  • A branch of Sollers Consulting, an international company from the business and IT consulting sector, has extended its lease agreement for 1,100 sqm of office space in the Officyna building in Gdańsk. Savills consultancy represented the company in the negotiation process.

New appointments

  • Jarosław Szanajca will move from the management board of Dom Development to the supervisory board of the company. He will be replaced in the chairman's seat from 1 January 2025 by Mikołaj Konopka, until now a member of the company's management board.
  • From the beginning of September this year, the Tricity branch of the APA Wojciechowski Architects studio will be managed by Anna Essler-Lango, and she will be supported by Karol Wyrzykowski. They will both become partners in the company.
  • Małgorzata Jankowska - Blank joins Newgate Investment to take up the position of Head of Legal.

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