ARTICLES LABELLED WITH TAG Budapest

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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News New Prologis speculative facility in Budapest fully leased
02
Jul
2020

New Prologis speculative facility in Budapest fully leased

by Property Forum
Logistics company FIEGE has recently signed three transactions for 38,600 square meters at Prologis Park Budapest-Harbor, of which 19,600 square meters are new leases, including the just-completed new Building 11 totalling 14,000 square meters. With a total leased area in the park of 59,000 square meters, FIEGE has become the largest customer of Prologis in Hungary.
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News Market hands over new HQ building in Budapest
02
Jul
2020

Market hands over new HQ building in Budapest

by Property Forum
Hungarian development and construction company Market Építő Zrt. has completed its new headquarters in Budapest. The 5,500 sqm four-story office building was designed and built by Market and its subsidiaries. The office building, named Market 6.0, refers to the group's sixth headquarters and is located in Budapest’s Óbuda district, in the immediate vicinity of the previous headquarters.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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