ARTICLES LABELLED WITH TAG Hungary

News BP to open new service centre in Szeged
26
Sep
2016

BP to open new service centre in Szeged

by Import Sys
BP has announced that it will be opening a new Global Business Services (GBS) centre in Szeged, Hungary, employing up to 500 people (subject to consultation) there by 2020. 
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News Investors go for development land in Hungary
23
Sep
2016

Investors go for development land in Hungary

by Ákos Budai
Last year there has been a significant increase of interest from investors for logistics properties and properties for development, which signals the emergence of the automotive and e-commerce industry as well as the start of large-scale real estate developments – says DLA Piper’s annual Hungarian Real Estate Intelligence Report. According to DLA Piper, the increased acquisition activity from developers will translate into new commercial assets being introduced into the market around 2017 Q4 and 2018 Q1.
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News Wing starts construction of Ericsson’s Hungarian HQ
22
Sep
2016

Wing starts construction of Ericsson’s Hungarian HQ

by Ákos Budai
Ericsson’s new Hungarian headquarters are being built on a site overlooking the Danube by Wing Zrt. This investment is the first phase of the Hungarian Nobel Prize Winners Research & Development Park. The building, which has a total area of 24,000 square meters, will house the company’s largest research and development facility outside Sweden. The building will be constructed to the strict standards of the LEED Gold environmental awareness rating. 
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News New Budapest office building secures first tenant
22
Sep
2016

New Budapest office building secures first tenant

by Ákos Budai
The newly refurbished Buda Loft Offices has welcomed its first tenant, TransferWise. The building opened its doors officially in July, and offers 5 floors with an approximate total of 2,500 sqm for lease. Colliers International Hungary has been appointed as the exclusive leasing agent.
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News CA Immo purchases Millennium Towers in Budapest
19
Sep
2016

CA Immo purchases Millennium Towers in Budapest

by Ákos Budai
CA Immo has signed a sales and purchase agreement to acquire the Millennium Towers Class A office complex comprising of 70,400 sqm GLA in Budapest, Hungary. The transaction volume of the fully rented asset amounts to €175 million, the annual rental income reaches €12 million. 
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News CTP names new country manager for Hungary
19
Sep
2016

CTP names new country manager for Hungary

by Ákos Budai
International investor and developer CTP has welcomed Peter Würsching MRICS as Country Manager for Hungary. Peter is responsible for the development of the company’s growing operations in Hungary.
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News Airport hotel development starts in Budapest
07
Sep
2016

Airport hotel development starts in Budapest

by Ákos Budai
The time capsule of the first hotel in Hungary with direct terminal access was placed at Ferenc Liszt International Airport this week. The 145-room ibis Styles Budapest Airport Hotel featuring conference facilities is scheduled for completion in 18 months.
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News DPD sets up new distribution centre in Budapest
01
Sep
2016

DPD sets up new distribution centre in Budapest

by Ákos Budai
Cushman & Wakefield represented one of the most dynamically growing ‘CEP’ (Courier, Express and Parcel) market participant, DPD Hungary Ltd. with their lease transaction to open up a 3,000 sqm distribution centre in Budapest. 
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News GTC launches two new projects in Budapest
01
Sep
2016

GTC launches two new projects in Budapest

by Ákos Budai
Construction commenced on GTC Hungary’s latest office development project. GTC White House is going to have a GLA of 21,500 sqm and is expected to be completed by end-2017. Concurrently, GTC Hungary will carry out a full interior refurbishment and technical reconstruction at Duna Tower Office.
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News New office building opens in Buda
01
Sep
2016

New office building opens in Buda

by Ákos Budai
With the last works completed in July, Budapest’s newest office building “Buda Loft Offices” is ready to welcome its new tenants. The building - which used to be the Goldberger textile factory - now offers modern loft offices. Colliers International has been appointed as the exclusive letting agent on the building
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Latest news


New leases

  • LCP Properties has finalised two further leases for M Park Pionki. The CCC shoe shop will occupy 400 sqm in the building, while the area of the Xtreme Fitness gym will reach 600 sqm.
  • Two more companies have become tenants of Diuna, part of the Warsaw office portfolio of Syrena Real Estate and PineBridge Benson Elliot. Intrum has leased nearly 370 sqm and Carrier Chłodnictwo about 500 sqm in the complex on Taśmowa Street. In addition, WDX has extended its lease for nearly 500 sqm of space.
  • Castorama has opened its 103rd shop in Poland. The outlet in the compact Smart concept is located in the Dekada shopping centre, at Armii Krajowej Street in Grójec. It is a 2,000-square-metre retail space, an outdoor garden zone and an assortment of around 15,000 off-the-shelf products.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.

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