ARTICLES LABELLED WITH TAG hungary
25
Jul
2018
Jul
2018
Robust demand for Budapest offices
Leasing activity in the Budapest office market remained strong with more than 253,000 sqm of office space leased in the first half of 2018. In total, commercial real estate agencies were involved in 173,000 sqm of office leasing transactions, from which CBRE completed the largest amount of transactions, 42,245 sqm equating to 24.4% market share in the agents market.
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18
Jul
2018
Jul
2018
CTP appoints news CFO in Hungary
CTP announced the appointment of Mr. Gyula Nagy as Chief Financial Officer (CFO) CTP Hungary effective 16 July 2018.
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18
Jul
2018
Jul
2018
Budapest’s industrial market slows down
Total demand on the Budapest industrial market amounted to 59,740 sqm in Q2 2018, marking a 72% decrease over the figure noted in the same period last year. The Budapest Research Forum published its quarterly industrial market analysis.
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12
Jul
2018
Jul
2018
Steady growth on Budapest’s office market
Net absorption on the Budapest office market in Q2 2018 amounted to 40,140 sqm, which marks more than a doubling year-on-year. The Budapest Research Forum published its latest figures.
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10
Jul
2018
Jul
2018
Colliers sells former industrial site in Eastern Hungary
Colliers sold the former Remy Automotive industrial site in Mezőkövesd, Hungary to Kiss és Társa Ltd, a local entrepreneur in the iron/metal business. The site has approx. 16 000 sqm buildings on a 13.6 ha plot and will be used for iron/metal production and warehousing purposes. Colliers represented the vendor, BorgWarner, the widely known, major automotive supplier during the transaction.
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04
Jul
2018
Jul
2018
Prime office rents grow across continents
Hong Kong Central remained the most expensive office market in the world, according to CBRE’s annual Global Prime Office Occupancy Costs report.
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28
Jun
2018
Jun
2018
Online retailers will need to get used to higher rents
One of the most active industrial and logistics developers of the region has announced major expansion plans for Hungary this year. CTP hopes to increase the value of its Hungarian portfolio to €320 million by the end of 2018 from the current €250 million. Rudolf Nemes, CTP’s Country Manager for Hungary talked about changing tenant needs and challenges on the labour market.
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26
Jun
2018
Jun
2018
GTC to build high-rise office building in Budapest
GTC is preparing to build another office building in the Hungarian capital, The Twist – Budapest City Tower. The developer recently obtained the building permit. The new project is located in the 13th district in Budapest, next to the Árpád híd metro station.
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25
Jun
2018
Jun
2018
Wing acquires office building in Budapest
Wing, through one of its investment funds, has acquired Infopark D office building in the South Buda area. The transaction was financed by HypoNoe Bank AG.
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25
Jun
2018
Jun
2018
GTC finishes Budapest office building
GTC Hungary has completed its latest office building in Budapest, GTC White House, which offers 21,500 sqm of Class A space. The developer also plans to launch two new projects in the city.
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Latest news
- SHD Real Estate to develop resi project on the shores of Lipno lake
- UDI Group secures permit for new resi phase in Prague
- Rohde & Schwarz Topex expands offices to 10,000 sqm in northern Bucharest
- Wing buys 34,000 sqm office project in Budapest from CA Immo
- The best workplaces are designed to adapt, not stand still
- CA Immo raises €300 million in oversubscribed green bond offering
- Strabag kicks off construction of Speedwell's mixed-use project in northern Bucharest
- Prague metro proximity drives premium office rents
- FM Logistic grows footprint to 116,000 sqm at CTPark Romania
- Romania emerges as potential location for Nvidia AI data centre
New leases
- Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
- Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
- International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.
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.
