ARTICLES LABELLED WITH TAG hungary

News - Czech developer to enter Budapest’s office market
31
Jul
2019

Czech developer to enter Budapest’s office market

by Property Forum
Czech developer UDI Group has purchased a 2 ha plot in Budapest and unveiled its plans to enter the Hungarian market.
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News - CTP expands its network in Budapest
31
Jul
2019

CTP expands its network in Budapest

by Property Forum
CTP is on a good track to deliver more than 100,000 sqm premium category industrial space on the Budapest market in the next 12 months.
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News - New tenants drive Budapest’s office market
25
Jul
2019

New tenants drive Budapest’s office market

by Property Forum
Total demand on the Budapest office market reached 163,390 sqm in Q2 2019, representing an almost equal amount of take-up compared to the same period of last year. New leases accounted for 42.7% of the total leasing activity, according to BRF’s latest figures.
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News - Atenor to start new office project in Buda
24
Jul
2019

Atenor to start new office project in Buda

by Property Forum
Atenor has signed an agreement, relating to the acquisition of a plot in the 11th district of Budapest, Hengermalom út 18., with an area of 5,711 sqm.
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News - Skanska sells Budapest building to Korean investor
24
Jul
2019

Skanska sells Budapest building to Korean investor

by Property Forum
Skanska has sold its Nordic Light Trio office building in Budapest to JR AMC, a South Korean real estate investment trust. This is not only the buyer's first acquisition with Skanska, but it is also its first office investment in the CEE region after transactions in Vienna, Dublin and Paris. 
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News - M7 sells logistics park in Hungary
24
Jul
2019

M7 sells logistics park in Hungary

by Property Forum
M7 Real Estate announcesd the sale of Aerozone Logistics Park in Budapest, Hungary, to a South African investor, JTRoss Group on behalf of M7 Central European Real Estate Fund I (M7 CEREF I).
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News - TriGranit starts structural works of Budapest project
10
Jul
2019

TriGranit starts structural works of Budapest project

by Property Forum
Millennium Gardens, TriGranit’s newest office development in Budapest, is already under the structural construction phase. Structural works of the office building with over 37,000 sqm GLA, is being carried out by Bayer Construct Zrt. The project will be the final element of Millennium City Centre with completion in Q2 2021.
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News - Warburg-HIH Invest buys Budapest office building from GTC
27
Jun
2019

Warburg-HIH Invest buys Budapest office building from GTC

by Property Forum
Warburg-HIH Invest Real Estate acquired a LEED Platinum certified new office building in Budapest on behalf of an open-ended special AIF of an institutional investor. The White House, developed by GTC Group, was completed in summer of 2018 and has a gross lettable area of 22,300 square metres. The property is fully occupied, the main tenants being investment fund manager BlackRock, Jaguar Land Rover and the Dutch co-working provider Spaces. The average lease term is 8.2 years. It was agreed not to disclose the purchase price.
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News - Hilton Garden Inn opens Budapest hotel
20
Jun
2019

Hilton Garden Inn opens Budapest hotel

by Property Forum
Hilton Garden Inn opened its first hotel in Hungary, Hilton Garden Inn Budapest City Centre. Located just steps away from the Opera House and St Stephen’s Basilica, Hilton Garden Inn Budapest City Centre has 214 rooms.
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News - Colliers Hungary names new leasing director
13
Jun
2019

Colliers Hungary names new leasing director

by Property Forum
Colliers has appointed Melinda Kovacs as new Head of Landlord Office Agency for Hungary in Budapest.
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Latest news


New leases

  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
  • Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.

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