ARTICLES LABELLED WITH TAG Hungary

News Hungary’s hotel market gets more attractive for foreign investors
02
May
2022

Hungary’s hotel market gets more attractive for foreign investors

by Property Forum
New international hotel chains will appear in Budapest for the first time. Budget hotels will remain competitive. Slow recovery of conference tourism gives some hope to the hospitality industry in Hungary, Csaba Tóth, Director, Head of Hotels at CBRE Hungary says to Property Forum.
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News Kész to finish 10,000 sqm warehouse near Budapest soon
27
Apr
2022

Kész to finish 10,000 sqm warehouse near Budapest soon

by Property Forum
Kész Group's new logistics centre will offer 10,000 sqm of industrial space at Szigetszentmiklós, just off the M0 ring road.
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News Futureal and UniCredit Bank sign €79.5 million loan agreement
27
Apr
2022

Futureal and UniCredit Bank sign €79.5 million loan agreement

by Property Forum
Hungarian developer Futureal has signed a loan agreement worth €79.5 million with UniCredit Bank to finance the construction and long-term operation of the Corvin Innovation Campus office complex in Budapest. 
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News Net absorption recovers on Budapest's office market in Q1 2022
26
Apr
2022

Net absorption recovers on Budapest's office market in Q1 2022

by Property Forum
Vacancy went further up and only three new buildings have been added to the Budapest office market in the first quarter of 2022. Total demand reached 80,750 sqm, representing a 7% increase year-on-year, the Budapest Research Forum (BRF) reports.
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News CE LAND and NAI Global form strategic partnership
25
Apr
2022

CE LAND and NAI Global form strategic partnership

by Property Forum
Hungarian company CE LAND and NAI Global of the US are forming a strategic alliance. The two companies will operate jointly in the real estate market under the new brand name NAI CELand.
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News Wing appoints new top managers
21
Apr
2022

Wing appoints new top managers

by Property Forum
Three new Deputy CEOs have been appointed at Wing. In addition to his position as Director of Residential Developments, János Martin has been promoted to Deputy CEO of Wing, Director of Marketing Communications Csenge Mátray has fulfilled the role of Deputy CEO for Communications, HR and Corporate Operations, while Director of Transactions Bence Sass has been appointed Deputy CEO for International Business Development and Investments.
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News Codic proceeds with mixed-use development in Budapest
21
Apr
2022

Codic proceeds with mixed-use development in Budapest

by Property Forum
The building, developed by Belgian firm Codic and called HomeWork has recently reached its final structure. Apart from 15 luxury flats, a total of 3,600 sqm of office and retail space will be available. A restaurant and a cafe will also serve the needs of tenants.
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News More people shop in person than online at Hungarian malls
21
Apr
2022

More people shop in person than online at Hungarian malls

by Property Forum
Most customers no longer visited shopping centres for traditional shopping purposes only, a non-representative survey conducted by Indotek Group revealed.
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News Czech industrial market reaches record occupancy rate
19
Apr
2022

Czech industrial market reaches record occupancy rate

by Property Forum
There is currently over 46 million sqm of industrial space in the CEE region, of which one-fifth is in the Czech Republic and the largest part – more than a half – in Poland. There is more than 900 sqm of industrial space per thousand inhabitants in the country. Just 1.6% of the space in Czechia is currently vacant. A record-breaking 1,112,000 sqm is currently under development in the Czech Republic – the highest figure in history. Demand on the part of logistics, distribution and e-commerce companies is growing. Cushman & Wakefield has analysed the trends in the industrial property sector in five Central European countries (Czech Republic, Hungary, Poland, Romania and Slovakia) in 2021.
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News New co-owner to join large mixed-use project in Budapest
14
Apr
2022

New co-owner to join large mixed-use project in Budapest

by Property Forum
Private equity fund Főnix wants to take control of a financial investment firm that manages the construction of several hundred homes and office towers within the BudaPart mixed-use project in Budapest.
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Latest news


New leases

  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.
  • Malaysian retail chain, MR D.I.Y., begins operations in Polish market at Hillwood Zgierz I. The company has leased nearly 5,000 sqm at the park to set up its first logistics center in Central Europe.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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