ARTICLES LABELLED WITH TAG Budapest

News Wigan Acquisitions buys Budapest office building
27
Feb
2018

Wigan Acquisitions buys Budapest office building

by Import Sys
Budapest-based investment company Wigan Acquisitions has completed the acquisition of a multi-let office building in downtown Budapest, taking the total capital deployed on behalf of its family office and private equity partners to €135 million.
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News Futureal appoints JLL and CBRE to lease Budapest ONE
26
Feb
2018

Futureal appoints JLL and CBRE to lease Budapest ONE

by Import Sys
JLL and CBRE have been jointly appointed to lease Budapest ONE Business Park, the new office development project of Futureal Group in Hungary. The two advisors will cooperate on a co-exclusive basis for the leasing of the 68,000 square meter office complex.
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News Goodman builds Hungary’s largest ever logistics centre
09
Feb
2018

Goodman builds Hungary’s largest ever logistics centre

by Import Sys
French-owned international retailer Auchan Retail is poised to increase its commercial capacity in Hungary with a new, integrated logistics centre at Üllő Airport Logistics Centre near Budapest. The 87,200 sqm, greenfield facility will be the largest of its kind ever built in Hungary and is being developed by Goodman. The new hub will be key to Auchan Retail’s strategy to develop a multi-channel offer for Hungarian customers.
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News Appeninn continues property acquisitions in Hungary
09
Feb
2018

Appeninn continues property acquisitions in Hungary

by Import Sys
Appeninn Nyrt. announced the purchase of a historic building in the centre of Budapest for €7 million through the acquisition of holding company Plaza House. Dávid House, located on Andrássy Road and formerly known as Andrássy Palace, has 2400 sqm GLA. It was transformed into a Class A office building in 2001.
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News S Immo names new manager in Hungary
07
Feb
2018

S Immo names new manager in Hungary

by Import Sys
As of 01 March, Géza Barabás will lead the S Immo subsidiary in Budapest and hence be responsible for the Hungarian portfolio’s management.
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News Wing acquires Budapest shopping centre
05
Feb
2018

Wing acquires Budapest shopping centre

by Import Sys
Wing Zrt. has acquired a retail portfolio which includes the EuroCenter Óbuda shopping centre as well as two properties in the regional city of Szombathely. The company has over ten years of experience developing and managing retail properties and plans to carry out value-enhancing investments across the new portfolio with a particular focus on the Buda shopping centre. Wing intends to invest in improving the shopping centre’s existing strengths for both shoppers and tenants.
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News CPI sells Budaörs Office Park in Hungary
05
Feb
2018

CPI sells Budaörs Office Park in Hungary

by Import Sys
CPI Property Group announced the disposal of the Budaörs Office Park property in Hungary, located in the Western suburbs of Budapest, at an undisclosed price. The buyer is a Hungarian real estate fund which has not been named.
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News Budapest leads the way with office rental growth
02
Feb
2018

Budapest leads the way with office rental growth

by Import Sys
European office rental growth slowed to 0.4% over the quarter, though still posted a respectable 2.4% annualised growth. Budapest led the way with growth of 9.1% across the quarter, supported by strong demand, historically-low vacancy rates and a lack of Class A space. Demand for logistics space is supporting rental growth and driving yields lower across Europe, according to Cushman & Wakefield’s latest DNA of Real Estate report.
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News Futureal receives three WELL precertifications
31
Jan
2018

Futureal receives three WELL precertifications

by Import Sys
Futureal Group has become the first property developer in Europe to receive the WELL Building Platinum Precertification for three of its office building projects at the same time. Advance Tower, Corvin Technology & Science Park (Corvin 5) and Budapest One Business Park have been designed and will be operated to make a positive impact on employees’ health and wellbeing. The three office complexes located in Budapest, Hungary will offer over 100,000 square meters of office space in total.
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News New car sharing service launched in Budapest
29
Jan
2018

New car sharing service launched in Budapest

by Import Sys
Mol unveiled its new car sharing service Mol Limo in Budapest which operates a fully electric fleet. 300 Volkswagen up! cars are available for rent at a pay-per-minute basis.
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Latest news


New leases

  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.
  • SNF, a company operating in the beauty sector, has renewed its lease for approximately 2,300 sqm of warehouse and office space at Prologis Park Poznań I. Axi Immo represented the tenant in the transaction.

New appointments

  • 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.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.

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