ARTICLES LABELLED WITH TAG Budapest

News Wing plans new office project in Budapest
26
Nov
2018

Wing plans new office project in Budapest

by Property Forum
Wing has begun preparations for the construction of another office building in one of Budapest’s most dynamically developing districts, right next to the recently inaugurated Telekom HQ. With a total floor space of 40,000 sqm, the Liberty Office Building will offer premium office and retail space. A distinctive feature and main appeal of the people-oriented building, constructed to BREEAM ‘Very Good’ certification requirements, is a plant-filled, two-storey high rooftop greenhouse spanning the wing along the boulevard and a skybar with a panoramic view to the Buda mountains.
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News Hostel chain a&o to enter Budapest
21
Nov
2018

Hostel chain a&o to enter Budapest

by Property Forum
Europe’s largest privately owned hostel chain, a&o is set to open its first property in Budapest. The company has been searching for suitable properties for a year and found the right building in the vibrant part of the 7th district, at Csengery street, with the help of Cresa
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News CPI plans major shopping mall redevelopment projects
15
Nov
2018

CPI plans major shopping mall redevelopment projects

by Property Forum
CPI Property Group unveiled its new plans and projects at MAPIC. The Group plans to refurbish the Campona shopping centre in Budapest, extend Královo Pole in Brno and Olympia in Pilsen and remodel the food court in the Ogrody shopping centre in Elblag, Poland.
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News DVM group to build B&L Gruppe’s new Budapest hotel
09
Nov
2018

DVM group to build B&L Gruppe’s new Budapest hotel

by Property Forum
DVM group signed a contract with German developer B&L group to build a hotel next to Keleti Railway Station in Budapest. This mandate is one of the largest instructions DVM group has won on the Hungarian market to date. Planning and preparations already started early November. The scheduled delivery date of the building is 2020.
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News Futureal lays foundation stone of Buda’s largest shopping centre
07
Nov
2018

Futureal lays foundation stone of Buda’s largest shopping centre

by Property Forum
Futureal Group celebrated the launch of its €300 million Etele Plaza’s construction with a foundation stone laying ceremony. Buda's biggest shopping centre is a key element of the group’s property development projects s in Budapest’s 11th district.
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News Persistently positive outlook on the Budapest market
29
Oct
2018

Persistently positive outlook on the Budapest market

by Property Forum
Rents remained stable on the Budapest commercial property market in H1 2018, according to the last survey of the National Bank of Hungary (MNB) and RICS. The typical yield level decreased by roughly 25 basis points to 6% for prime offices and 7.5% for industrial/logistics properties. Respondents anticipate an increase in demand for investments in most market segments for H2 2018, particularly in the case of prime office and industrial/logistics properties.
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News Diófa reopens Budapest shopping centre
25
Oct
2018

Diófa reopens Budapest shopping centre

by Property Forum
Diófa Asset Management, on behalf of its Magyar Posta Takarék Real Estate Fund, has reopened the Shopmark shopping centre in the southern part of Budapest. The complete overhaul the 24,000 sqm building was started in February by KÉSZ Építő Zrt.
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News No empty warehouses left in Budapest
25
Oct
2018

No empty warehouses left in Budapest

by Property Forum
The vacancy rate slightly increased on the Budapest industrial market to 3.7%. At the end of the Q3 2018 a total of 76,240 sqm stood vacant, and there are only two existing schemes with more than 5,000 sqm of available warehouse space. The Budapest Research Forum published its quarterly industrial market analysis
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News Goldman Sachs buys Budapest office building
22
Oct
2018

Goldman Sachs buys Budapest office building

by Property Forum
Goldman Sachs has purchased the Science Park office building in Budapest from an undisclosed buyer. CBRE represented the seller and Cushman & Wakefield advised the buyer in the transaction, the two firms announced on LinkedIn.
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News New record on Budapest’s office market
18
Oct
2018

New record on Budapest’s office market

by Property Forum
Despite over 110,000 sqm of new supply coming to the market in Q3 2018, the office vacancy rate decreased to 6.4%, the lowest rate ever recorded in. The Budapest Research Forum published its latest figures.
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Latest news


New leases

  • A popular brand joins the ranks of tenants at Galeria Bemowo in Warsaw. The Tchibo shop opened on Thursday, February 2nd. The store, with an area of over 155 sq m, is located on the ground floor.
  • Emons is expanding its network of logistics centres in the Czech Republic. As of February 2023, Emons opens a new logistics centre in Ostředek, leasing over 6,000 sqm of warehouse space in the Sázava Logistics Park.
  • OmniOffice, a serviced office provider, is joining the tenants of Warsaw UNIT. The company has leased 3090 sqm of office space in a Ghelamco high-rise building in the Polish capital.

New appointments

  • Daniel Cateliu has been appointed as Director in the Industrial & Logistics department of real estate consultancy CBRE Romania. He is currently pursuing an EMBA at the University of Sheffield in the UK. Cateliu is a graduate of the Faculty of Political Sciences within the SNSPA, subsequently following a master's program and earning an Erasmus scholarship at the University of Trieste in Italy.
  • Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.
  • Piotr Chemperek has joined the experts of the Office Space Department at Colliers Poland, taking the position of Associate Director. He will be responsible for advising companies in the medical sector.


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