ARTICLES LABELLED WITH TAG Budapest

News Immofinanz modernises office building in Budapest
30
May
2022

Immofinanz modernises office building in Budapest

by Property Forum
Immofinanz has finalised the complete modernisation of the Myhive Haller Gardens office building in Budapest. The concept aims to allow tenants to use the community spaces for hosting guests, business meetings, and recreation in addition to their actual function. The reception areas and the gardens around the building are now available to tenants in a new concept and renewed form.
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News CPI Hungary brings all PM activities in-house
06
May
2022

CPI Hungary brings all PM activities in-house

by Property Forum
From now on property management, renting and legal services at CPI Hungary are performed by the employees of the company in all retail portfolios.
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News Market Group secures loan for Budapest mixed-use development
03
May
2022

Market Group secures loan for Budapest mixed-use development

by Property Forum
The asset management arm of Hungarian developer Market Group has signed a €65 million loan agreement with Raiffeisen Bank to finance a huge mixed-use project in a prestigious district of Budapest, not far from the embankment of the river Danube. A Class A office complex and a boutique hotel offering 127 rooms will be completed by 2023. 
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News Hungarian market players expect tightening financing conditions
03
May
2022

Hungarian market players expect tightening financing conditions

by Property Forum
Geopolitical tensions hurt demand for commercial property, appetite for property development, financing conditions and property investment decisions over the short run, the Hungarian National Bank (MNB) reports.
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News Kész to finish 10,000 sqm warehouse near Budapest soon
27
Apr
2022

Kész to finish 10,000 sqm warehouse near Budapest soon

by Property Forum
Kész Group's new logistics centre will offer 10,000 sqm of industrial space at Szigetszentmiklós, just off the M0 ring road.
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News Futureal and UniCredit Bank sign €79.5 million loan agreement
27
Apr
2022

Futureal and UniCredit Bank sign €79.5 million loan agreement

by Property Forum
Hungarian developer Futureal has signed a loan agreement worth €79.5 million with UniCredit Bank to finance the construction and long-term operation of the Corvin Innovation Campus office complex in Budapest. 
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News Net absorption recovers on Budapest's office market in Q1 2022
26
Apr
2022

Net absorption recovers on Budapest's office market in Q1 2022

by Property Forum
Vacancy went further up and only three new buildings have been added to the Budapest office market in the first quarter of 2022. Total demand reached 80,750 sqm, representing a 7% increase year-on-year, the Budapest Research Forum (BRF) reports.
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News Codic proceeds with mixed-use development in Budapest
21
Apr
2022

Codic proceeds with mixed-use development in Budapest

by Property Forum
The building, developed by Belgian firm Codic and called HomeWork has recently reached its final structure. Apart from 15 luxury flats, a total of 3,600 sqm of office and retail space will be available. A restaurant and a cafe will also serve the needs of tenants.
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News New co-owner to join large mixed-use project in Budapest
14
Apr
2022

New co-owner to join large mixed-use project in Budapest

by Property Forum
Private equity fund Főnix wants to take control of a financial investment firm that manages the construction of several hundred homes and office towers within the BudaPart mixed-use project in Budapest.
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News Hard Rock Hotel opens in Budapest
07
Apr
2022

Hard Rock Hotel opens in Budapest

by Property Forum
The five-star lifestyle hotel has 136 rooms, two restaurants, and a bar. An event venue was also established on the roof of the building in downtown Budapest.
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Latest news


New leases

  • The dental network of the LUX MED Group will open its centre in the Supersam in Katowice. The new facility will occupy nearly 500 sqm.
  • Canon and NDI Oddział Południe will occupy a total of several hundred square metres in the DL Tower office building in Katowice. The building is owned by DL Invest Group.
  • Genuine Parts Company signed a multi-year lease for office space in Kraków's Lubicz Park B building. The company’s new location, which will serve as the headquarters of GPC Global Technology Center, will occupy one-and-a-half floors (1,500 sqm in total). JLL Poland took part in lease negotiations and is overseeing the technical side of the GPC office construction process.

New appointments

  • CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
  • Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.


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