ARTICLES LABELLED WITH TAG Budapest

News New leases dominate the Budapest office market
21
Apr
2016

New leases dominate the Budapest office market

by Ákos Budai
Vacancy rates have further declined on the Budapest office market as a result of modest development activity and strong demand from tenants. The Budapest Research Forum has published its quarterly office market analysis.
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News Wizz Air Hungary moves into new office building
21
Apr
2016

Wizz Air Hungary moves into new office building

by Ákos Budai
Wizz Air Hungary Kft., the largest low-cost airline in CEE moved its Budapest headquarters to Laurus Offices in mid-March 2016. Wizz Air is renting nearly 3,200 square meters of office space in building B of the complex, which was developed by Erste Group Immorent Kft., an affiliate of Austria-based Erste Group.
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News Unprecedented optimism in the Hungarian hotel market
13
Apr
2016

Unprecedented optimism in the Hungarian hotel market

by Ákos Budai
The Hungarian hotel market is characterised by optimism, which can be observed in both the development and investment markets. Investors in Budapest are planning to begin multiple projects, the capital will soon be see projects with some 600-800 five star and 1000-2000 four or fewer star rooms. Several projects are likely to manifest in the countryside too, where booking and income-profit indicators show a significant increase and provide developers with motivation.
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News Prologis set to start new speculative development in Hungary
08
Apr
2016

Prologis set to start new speculative development in Hungary

by Ákos Budai
Prologis announced that it has begun development of a 21,000 square metre speculative facility at Prologis Park Budapest-Sziget. This will be the first speculative logistics building in the Hungarian market since 2008. Completion is scheduled for the third quarter of 2016.
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News Domestic investors to be the most active players in Hungary
07
Apr
2016

Domestic investors to be the most active players in Hungary

by Ákos Budai
According to the CBRE Investment Breakfast Intentions Survey the vast majority of investors expect more than EUR 1 billion of investments in the Hungarian commercial real estate markets in 2016.
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News Atenor plans further development in Hungary and Romania
06
Apr
2016

Atenor plans further development in Hungary and Romania

by Ákos Budai
It was only a few weeks ago that the third building of the Váci Greens office complex was delivered but the developer is already preparing for the construction of the next phase. Zoltán Borbély, Atenor’s Country Manager and Olivier Ralet, Atenor’s Executive Officer talked to us about the Belgian company’s plans in Hungary and Romania.
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News New tenants in Skanska’s Nordic Light office building
06
Apr
2016

New tenants in Skanska’s Nordic Light office building

by Ákos Budai
HARMAN International and BASF Hungária Kft. has signed lease agreements with Skanska. The Swedish developer’s Nordic Light office building in Budapest now has preliminary lease agreements for 26% of its total leasable area. Colliers represented the tenants in the transactions, while CBRE takes exclusive responsibility for leasing Nordic Light. 
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Latest news


New leases

  • Transport company Zadbano has become a new tenant at LCube Rzeszów Airport. The company has taken 1.3 thousand sqm of warehouse space in Building 2, which was completed last year.
  • Santander Towarzystwo Funduszy Inwestycyjnych is moving its Poznań headquarters to the Nowy Rynek complex being developed by Skanska. The tenant will occupy nearly 900 sqm of space in Building E.
  • Medical company Fresenius Medical Care has renegotiated its lease of 3,900 sqm of warehouse space and 120 sqm of office space in Prologis Park Poznań. The company was represented in the transaction by real estate advisory firm Newmark Polska.

New appointments

  • At the beginning of April 2024, Barbara Tomaszewska took over as Director of the first Aiden by Best Western in Łódź, Poland. She was previously Deputy Director at Golden Tulip Gdańsk Residence.
  • Oriol Casellas Deig has been appointed CFO of Redport Capital. He also joined the Board of Directors of the Romanian development company. Deig has over 20 years’ worth of experience in real estate.
  • InPost has appointed Javier van Engelen as Group CFO. He is an experienced manager, an expert in finance, who has held CFO positions in a number of international companies.

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