ARTICLES LABELLED WITH TAG Hungary

News Skanska opens first phase of H2Offices complex in Budapest
09
Feb
2023

Skanska opens first phase of H2Offices complex in Budapest

by Property Forum
Skanska has opened the 27,000 sqm first phase of the H2Offices complex on Budapest's Váci Road office corridor. Construction of the second phase may start in H2 2023, with the third and final to be handed over in 2026 or 2027.
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News Hungary's Futureal Group to merge two large units 
07
Feb
2023

Hungary's Futureal Group to merge two large units 

by Property Forum
Futureal Development and Futureal Investment Partners will join their efforts to increase green investments in a pan-European platform.
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News Biggest virtual film studio in CEE to be built near Budapest
07
Feb
2023

Biggest virtual film studio in CEE to be built near Budapest

by Property Forum
The new facility in the HelloParks Fót industrial and logistics centre will serve the needs of the global film industry, investor Virtual Europe Group (VEG) reports.
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News Huge plot changes hands in Budapest's suburbs
07
Feb
2023

Huge plot changes hands in Budapest's suburbs

by Property Forum
Prime residential developments will start in this 13-hectare territory in Pilisborosjenő, 7 km northwest of the capital. OC Investment Solutions assisted with the deal, portfolio.hu reports.
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News Budapest Airport to continue development projects in 2023
03
Feb
2023

Budapest Airport to continue development projects in 2023

by Property Forum
The airport operator company (BA) recovered 75% of its pre-COVID passenger traffic, now extends its cargo complex and prepares for a new terminal building.
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News Residential markets in CEE need further state push to recover
02
Feb
2023

Residential markets in CEE need further state push to recover

by Property Forum
There are several factors which put a break on the revival of the housing markets. Property Forum asked Guy Dymschiz, Co-Founder and Co-CEO of Duna House Group, active in Hungary and Poland, about the necessary steps from the states and the developers to overcome the mounting difficulties.
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News eMAG gets funding for logistics hub near Budapest
01
Feb
2023

eMAG gets funding for logistics hub near Budapest

by Property Forum
Romanian e-commerce player eMAG has secured a financing of around €70 million from Alpha Bank for the development of a logistics hub near Budapest. 
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News Office vacancy rises again in Budapest
31
Jan
2023

Office vacancy rises again in Budapest

by Property Forum
The office vacancy rate in Budapest increased to 11.3%, representing a 0.3 pps increase quarter-on-quarter and a 2.1 pps increase year-on-year. Net absorption has remained positive by the end of the fourth quarter, amounting to 53,480 sqm and reaching 158,510 sqm year-to-date, the Budapest Research Forum (BRF) reports.
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News GTC to spare energy in Budapest office building
31
Jan
2023

GTC to spare energy in Budapest office building

by Property Forum
The development firm has invested in the technical modernization of its buildings and reassured "BREEAM in Use" accreditation for the Váci Greens D complex.
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News Hungary’s Appeninn divests entire tourism property portfolio
31
Jan
2023

Hungary’s Appeninn divests entire tourism property portfolio

by Property Forum
The asset management company closed the sale of its 51% share in Solum-Invest Ltd. That was the last unit in its tourism-related portfolio.
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Latest news


New leases

  • Industrial developer CTP has leased 2,800 sqm to the food supplements manufacturer Sun Wave Pharma in the industrial park CTPark Bucharest South, located in southern Bucharest.
  • INATECH Packaging, the protective packaging and insulating materials supplier, has leased 2,300 sqm of office and warehouse spaces in CTPark Oradea Cargo Terminal.
  • SIDE GRUP, the Romanian distributor of cleaning and hygiene, has leased 1,500 sqm in CTPark Oradea Cargo Terminal. The deal was brokered by real estate consultancy JLL.

New appointments

  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.
  • Michał Kloch was appointed as Cost Management Lead, Poland in the Project & Development Services team of Cushman & Wakefield with effect from 1 March. In his role, he heads a team of quantity surveyors and is responsible for oversight of construction costs during all project delivery phases and for preparation of cost analyses and reports.
  • Two people have joined the REINA Company. Since February this year, Michał Baranowski acts as Business Development Manager and Joanna Turalska supports the work of the team as Leasing & Team Coordinator. REINA Company specialises in comprehensive transactional and echnical consultancy for organisations using office space.


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