ARTICLES LABELLED WITH TAG Budapest

News REM Group leads refurbishment of Budapest building
15
Jan
2020

REM Group leads refurbishment of Budapest building

by Property Forum
REM Group has acted as property advisors, project managers and now as property manager of the Korean Cultural Center (KCC) located at 30-34 Frankel Leo Street, in District II of Budapest. The building of more than 5,000 sqm was extensively refurbished to house the Korean Cultural Center as part of a relocation from their previous premises in the MOMentum Office building in District XII of Budapest.
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News CA Immo sells land plot next to Budapest Airport
13
Jan
2020

CA Immo sells land plot next to Budapest Airport

by Property Forum
CA Immo has sold a 62,000 sqm land plot close to Budapest Airport to Földfém Kft. and intends to fully focus on the office market in the future. CA Immo was represented by CBRE and Hungarian law firm Cerha Hempel in the transaction.
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News Värde Partners to sell luxury hotels in Budapest and Prague
13
Jan
2020

Värde Partners to sell luxury hotels in Budapest and Prague

by Property Forum
Värde Partners, a leading global alternative investment firm, entered into a definitive agreement to sell a portfolio of eight luxury hotels operating under The Dedica Anthology brand to Covivio, a European real estate operator, through its subsidiary Covivio Hotels. The portfolio includes New York Palace and New York Residence in Budapest and Carlo IV in Prague.
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News Property Forum partners with Unissu to launch Connect – a TED Talk equivalent for the global property industry
18
Dec
2019

Property Forum partners with Unissu to launch Connect – a TED Talk equivalent for the global property industry

by Property Forum
Property Forum is pleased to announce it is partnering with Unissu, the world’s PropTech marketplace, to launch Connect, the global real estate equivalent of TED Talks. Budapest will be one of the 15 cities globally where hand-picked speakers will record their speeches for a global audience.
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News CBRE advises on Budapest shopping centre renewal
16
Dec
2019

CBRE advises on Budapest shopping centre renewal

by Property Forum
CBRE represented Adventum International in the acquisition of the KöKi Terminal shopping centre in South Pest. CBRE also provides property management and exclusive retail leasing and advisory services for the €18 million (6 billion HUF) renewal project of the 66,000 sqm GLA shopping centre
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News HB Reavis appoints new CEO for Hungary starting 2020
11
Dec
2019

HB Reavis appoints new CEO for Hungary starting 2020

by Property Forum
From January 2020, Robert Kubinsky, who has been working for the company for 8 years, will step into the CEO shoes to continue delivering the second stage of Agora Budapest in Hungary.
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News CTP plans major portfolio expansion in Hungary
11
Dec
2019

CTP plans major portfolio expansion in Hungary

by Ákos Budai
The most active logistics developer in Hungary plans to expand its portfolio by 100-150 thousand sqm every ear. Rudolf Nemes, Country Manager of CTP Hungary talked to Property Forum about the ongoing changes on the Hungarian logistics market.
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News CPI Property Group completes Budapest office building
10
Dec
2019

CPI Property Group completes Budapest office building

by Property Forum
Balance Hall, a 16,000-sqm office building with a "Very Good" BREEAM certification, has been delivered in early December 2019 on Budapest's Váci Corridor. With this new addition, the Balance Office Park office complex has grown to nearly 35,000 sqm. CPI group reported an over 75% occupancy rate upon delivery, based on already signed contracts.
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News GTC starts construction of new Budapest project
10
Dec
2019

GTC starts construction of new Budapest project

by Property Forum
Construction of the Pillar office building has begun in the Váci Road office corridor area of Budapest. The Class A office building of four blocks is being developed by GTC and will be occupied by ExxonMobil in H1 2022. The office building will contain a two-level underground garage, a café, a restaurant, a nursery, a fitness centre. a conference room and other service facilities. Pillar will have a LEED Gold sustainability certificate. The architectural plans for the asymmetrical and unique building with its wavering forms were designed by the ZDA-Zoboki Design & Architecture.
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News New consulting company enters the Hungarian market
09
Dec
2019

New consulting company enters the Hungarian market

by Property Forum
Consulting company Litwiniuk Property has started providing rental / commercialization services and sales of Class A office buildings, logistics parks and shopping centres in Hungary.
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Latest news


New leases

  • LCP Properties has finalised two further leases for M Park Pionki. The CCC shoe shop will occupy 400 sqm in the building, while the area of the Xtreme Fitness gym will reach 600 sqm.
  • Two more companies have become tenants of Diuna, part of the Warsaw office portfolio of Syrena Real Estate and PineBridge Benson Elliot. Intrum has leased nearly 370 sqm and Carrier Chłodnictwo about 500 sqm in the complex on Taśmowa Street. In addition, WDX has extended its lease for nearly 500 sqm of space.
  • Castorama has opened its 103rd shop in Poland. The outlet in the compact Smart concept is located in the Dekada shopping centre, at Armii Krajowej Street in Grójec. It is a 2,000-square-metre retail space, an outdoor garden zone and an assortment of around 15,000 off-the-shelf products.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.

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