ARTICLES LABELLED WITH TAG Budapest

News Diófa to buy Budapest retail portfolio from Portico
10
Dec
2018

Diófa to buy Budapest retail portfolio from Portico

by Property Forum
Representing Magyar Posta Takarék Real Estate Investment Fund (MPTIA), Diófa Asset Management has signed a sales and purchase agreement with Portico Investment for a 27,500 sqm retail portfolio in Budapest and its agglomeration. Once regulatory approval is obtained, the size of the portfolio managed by Diófa will exceed 330,000 sqm.
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News Newly developed Budapest office building sold
06
Dec
2018

Newly developed Budapest office building sold

by Property Forum
Redwood Real Estate Holding has sold its recently delivered Ecodome office building in Budapest. The name of the buyer and the transaction price has not been disclosed.
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News Futureal sells Budapest office portfolio to OTP Group
03
Dec
2018

Futureal sells Budapest office portfolio to OTP Group

by Property Forum
Futureal Group has sold its portfolio of Corvin office buildings to real estate funds managed by OTP Real Estate Investment Fund Management. The recently closed transaction involves all of the operating office buildings built as part of Corvin Promenade, as well as two currently being constructed. The total of eight Class A buildings offer a combined GLA of nearly 80,000 square meters.
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News New Radisson Collection hotel to open in Budapest
03
Dec
2018

New Radisson Collection hotel to open in Budapest

by Property Forum
The Radisson Hotel Group announced the signing of a new property to Radisson Collection in Budapest, Hungary. With 71 guest rooms and suites, a first-class fitness center, restaurant, lobby bar and a further rooftop bar the hotel will open in mid-2020.
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News GTC’s latest Budapest building gets certified
28
Nov
2018

GTC’s latest Budapest building gets certified

by Property Forum
GTC’s latest development, GTC White House has achieved the highest, Platinum certification level under the LEED for Building Design and Construction rating scheme. As of today, this is the second office building which was awarded with this certification in Budapest. The certification process was advised by Colliers International Hungary’s Green Building Advisory Team.
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News Markets are still strong but things are starting to change
26
Nov
2018

Markets are still strong but things are starting to change

by Ákos Budai
Even though we are currently in the late phase of the real estate cycle, no significant drop is expected in the coming period. Jos Tromp MRICS, CBRE’s Head of EMEA Research shared his projections for the European property investment market at Portfolio Property Investment Forum in Budapest. These were his key statements and predictions.
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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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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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