ARTICLES LABELLED WITH TAG Budapest

News FLE GmbH buys Budapest hotel
08
Mar
2019

FLE GmbH buys Budapest hotel

by Property Forum
Vienna-based FLE GmbH, part of the French LFPI Group, announced the purchase of the Achat Premium Budapest, a four-star hotel with 135 rooms, east of Budapest’s city centre, on behalf of Luxembourg-based fund FLE SICAV FIS.
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News JLL and C&W to lease Wing’s new Budapest project
08
Mar
2019

JLL and C&W to lease Wing’s new Budapest project

by Property Forum
Wing entrusted JLL and Cushman & Wakefield real estate agencies with the leasing activities of its 42,000 sqm Liberty office building. The building will be realised next to the new Telekom headquarters and its delivery is expected in 2021.
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News AEW acquires mixed-use assets in central Budapest
28
Feb
2019

AEW acquires mixed-use assets in central Budapest

by Property Forum
AEW has acquired two historic, mixed-use properties on Andrássy Avenue in Budapest, on behalf of a German separate account.
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News Office rental growth set to continue globally
28
Feb
2019

Office rental growth set to continue globally

by Property Forum
Hong Kong will retain its title as the world’s most expensive office market despite rents being forecast to decrease in 2019, according to Knight Frank’s latest Global Outlook Report. Knight Frank's chief economist believes that there is a compelling global case for continued rental growth across the global cities.
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News Will your skills be needed in the future?
21
Feb
2019

Will your skills be needed in the future?

by Ákos Budai
Start-ups, venture capital investors, property developers and investors, asset managers, agents, advisors, valuers, tenants, property and facility managers from Hungary, CEE and beyond are coming together at Budapest PropTech Forum 2019 to share their vision for the future and to learn about the next phase of our profession.
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News Atenor progresses with new Budapest project
14
Feb
2019

Atenor progresses with new Budapest project

by Property Forum
Atenor announced that its latest large-scale Budapest project, Aréna Business Campus has secured its first two signed lease contracts for the first building. More than 700 sqm ground floor area has been leased to Costa Coffee and a medical centre, one year prior to the building’s handover.
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News Wing buys three Budapest office buildings
07
Feb
2019

Wing buys three Budapest office buildings

by Property Forum
Hungarian developer Wing has announced the acquisition of several buildings in Budapest’s Infopark office complex. The seller was Lone Star Funds – Hudson Global Advisors.
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News AEW enters Hungary with high street purchase
31
Jan
2019

AEW enters Hungary with high street purchase

by Property Forum
AEW’s Europe City Retail Fund has acquired a 3,000 sqm mixed-use building in the centre of Budapest for around €18 million. The sellers of the high street building were the Pallas Athéné Foundations, created by the Central Bank of Hungary.
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News UniCredit finances Horizon Development’s Budapest project
31
Jan
2019

UniCredit finances Horizon Development’s Budapest project

by Property Forum
Hungary’s Horizon Development has been granted a development loan by UniCredit for its ongoing Szervita Square mixed-use development in the centre of Budapest. At the same time, the developer has pre-leased all four office floors (8,500 sqm) of the project to coworking space provider Spaces.
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News Record leasing activity on Budapest’s office market
31
Jan
2019

Record leasing activity on Budapest’s office market

by Property Forum
The Budapest office market enjoyed a dynamic year in terms of gross take-up, equating to nearly 535,000 sqm of office space transacted, effectively in line with the record year of 2015 which saw circa 538,000 sqm.
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Latest news


New leases

  • Scan Global Logistics, a global logistics and freight forwarding company has secured 13,000 sqm of industrial space in CTPark Budapest East Ull2 near Üllő, a suburban city of Budapest. The long-term lease was signed late last year.
  • Four new tenants have secured space in Liberty, a mixed-use building in Budapest, developed by Wing. Coop, FedEx, Praktiker and 3 Print have concluded lease agreements for more than 3,500 sqm of office space.
  • Tech company Blankfactor will open an office on the 35th floor of RPHI’s SkyTower Bucharest building. The lease deal was brokered by CBRE.

New appointments

  • Anna Bartoszewicz-Wnuk joins the Velis Real Estate Tech team as Head of Central & Eastern Europe and will be responsible for the company's development in the CEE markets.
  • DVM group, an integrated architectural and construction services provider is restructuring its design department. Ákos Csécsei has been appointed to head the architectural design department and Tímea Fekete-Tóth to lead the interior design department. The managers have grown with the company, with multiple projects to their name.
  • Meta Estate Trust has named Adela Antone as Investment Director. She has around 20 years’ worth of experience in the banking and real estate sectors.

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