ARTICLES LABELLED WITH TAG Hungary

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 Atrium plans Hungarian exit with €70 million sale
09
Feb
2018

Atrium plans Hungarian exit with €70 million sale

by Import Sys
Atrium European Real Estate Limited announced the sale of 18 assets in Hungary and one in the Czech Republic for a combined price of €70 million, representing an 8% premium to the book value as at 30 September 2017. The disposals form part of the company’s ongoing strategy to improve its portfolio through the selective rotation of capital towards high quality, well-established shopping centres which dominate their catchment areas.
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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 20,000 sqm logistic centre handed over in Miskolc
09
Feb
2018

20,000 sqm logistic centre handed over in Miskolc

by Import Sys
A 20,000 square meter logistic centre was taken over by SEG Automotive's domestic unit, which specializes in the development and production starter motors and generators. The technologically advanced warehouse – featuring indoor GPS-tracking – is the largest interconnected hall in the region.
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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 Prologis launches car sharing service in Hungary
05
Feb
2018

Prologis launches car sharing service in Hungary

by Import Sys
Prologis has launched a car sharing service that is available to employees free of charge in four Prologis parks (Budapest M1, Sziget, Harbor és Gyál) in the vicinity of Budapest. 
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • 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.

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