ARTICLES LABELLED WITH TAG Eston

News How long will Budapest’s office market continue to soar?
27
May
2021

How long will Budapest’s office market continue to soar?

by Property Forum
Although many projected that office development projects would be cancelled due to the pandemic, that is not what the numbers are showing. Developments are ongoing despite the emergence of working from home and Eston forecasts about 160,000 sqm of offices for rent to be put on the market this year, following 230,000 sqm in 2020. Meanwhile, the pre-lease ratio of buildings under construction is lower than seen in previous years, in line with the current demand trend.
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News Investors to go for offices and logistics in Hungary in 2021
05
Mar
2021

Investors to go for offices and logistics in Hungary in 2021

by Property Forum
Hungary’s property investment volume is expected to expand dynamically in 2021, since a significant amount of capital is looking for its place in the market. Offices with high levels of occupancy and logistics assets will be in the focus of investors. Hungarian advisory firm Eston, an official associate of Savills, has published its market reports for H2 2020.
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News Eston closes sale of 6,000 sqm factory building in Hungary
08
May
2020

Eston closes sale of 6,000 sqm factory building in Hungary

by Property Forum
A well-known automotive company will soon start operating in a 6,000 sqm modern factory building located on a nearly 5-hectare industrial plot in the catchment area of ​​Budapest.
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News Office and retail dive Hungary’s investment market
21
Feb
2020

Office and retail dive Hungary’s investment market

by Property Forum
In 2019 the volume of property investment transactions on the Hungarian market decreased slightly in comparison with the previous year (€1.75 billion), however, the total value of transactions has been higher than €1.5 billion every year since 2016. There was a strong and stable demand for office and retail properties, with the volume of hotel sales also increasing significantly, according to Eston International’s H2 2019 investment market report.
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News HGA Capital sells Budapest office building
26
Nov
2019

HGA Capital sells Budapest office building

by Property Forum
HGA Capital, a member of the CARISTO Management Group, has sold the Oktogon House office building in central Budapest to a company belonging to RIMO Holding AG. The transaction price has not been disclosed.
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News Eston to carry out Graphisoft Park's REIT valuation
27
Mar
2018

Eston to carry out Graphisoft Park's REIT valuation

by Property Forum
Eston International’s portfolio grew by a REIT evaluation as the Hungarian advisory firm became the official property valuer of Graphisoft Park in January 2018.
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News Wing turns Budapest shopping mall into office building
24
Apr
2017

Wing turns Budapest shopping mall into office building

by Ákos Budai
Wing is transforming the Material Center building in Budapest, which until now has operated as a shopping mall, into an office building. The building, which has an area of over 20,000 square metres, will be fully converted and renovated to a high standard, to be reborn as the Skylight City office centre. The preparatory works have already begun, and offices are already available for rental in the building.
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News CPI Hungary sells two properties in Budapest
12
Dec
2016

CPI Hungary sells two properties in Budapest

by Ákos Budai
CPI Hungary has sold its V188 office building and an adjacent development land (V190), both located on Budapest’s Váci corridor, to a Hungarian investment group. CPI Hungary plans to use the funds for increasing the value of its current portfolio and to implement new green investments. 
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Latest news


New leases

  • Kraków's Nowe Czyżyny centre will be home to a new brand from the sports segment. The Newbridge leasing department has signed a lease agreement with 4F. In recent weeks, Monnari, Triumph and W.Kruk have also debuted in the facility, while Empik is preparing to open a store.
  • ROCKWOOL is expanding its office space in the Nowy Rynek D building, developed by Skanska in Poznań. In 2020, a competence centre was established on an area of 6,000 sqm. Now, the company has decided to lease additional 900 sqm.
  • Primark has opened the doors of its fourth shop in Poland for the first time in Katowice's Silesia City Center. The store occupies more than 3,600 sqm of retail space.

New appointments

  • Tezenis brand has joined the tenants of Galeria Warmińska. This is the first showroom of this Italian brand in Olsztyn in Poland. The new boutique occupies an area of approximately 190 sqm.
  • Anna Trębicka will be responsible for the integration of all CBRE business lines in the Łódź region in Poland, as well as the development and proper functioning of the Łódź branch.
  • 108 Agency announced the appointment of Petr Jílek as the new Head of Property Management for the Czech Republic.


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