ARTICLES LABELLED WITH TAG Hungary

News Wing hands over part of its resi project in Budapest
02
Oct
2023

Wing hands over part of its resi project in Budapest

by Property Forum
The second phase of the Park West project has been delivered in Budapest. The Hungarian developer plans two more phases in this project.
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News Adventum-backed SPP to launch euro-based IPO in Budapest
29
Sep
2023

Adventum-backed SPP to launch euro-based IPO in Budapest

by Property Forum
Shopper Park Plus Zrt., a regulated real estate investment holding company that owns and operates a portfolio of 18 retail properties, aims to float new ordinary shares and to list its ordinary shares in the BSE Premium category. Retail investors can subscribe for shares from October 9, 2023, with OTP Bank Nyrt. and Concorde Értékpapír Zrt. as distributors. Retail share subscription opens on October 9. 2023. In addition to professional investors, Hungarian retail investors will also be able to participate in the Budapest Stock Exchange’s (BSE) first euro-based initial public offering.
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News Panattoni to build sites for automotive supplier in Hungary
28
Sep
2023

Panattoni to build sites for automotive supplier in Hungary

by Property Forum
Panattoni Hungary has managed to sign two contracts to build 30,000 sqm of industrial space for a leading German automotive supplier. The new facilities will be opened in Kecskemét and Debrecen where Daimler and BMW already operate. The name of the supplier was not announced.
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News Wing's resi project gets BREEAM „Very Good” certification
26
Sep
2023

Wing's resi project gets BREEAM „Very Good” certification

by Property Forum
The first phase of the Le Jardin residential park has secured a BREEAM 'Very Good' certification. This is the first such project to get this type of certification in Hungary.
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News LogiCube Park in Hungary to be expanded
25
Sep
2023

LogiCube Park in Hungary to be expanded

by Property Forum
Hungarian developer Defactoring Zrt. has announced the start of the construction of the next phase of the logistics project in Biatorbágy in the suburbs of Budapest. The handover is scheduled for next summer.
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News Infogroup to extend JABIL's site in Hungary
22
Sep
2023

Infogroup to extend JABIL's site in Hungary

by Property Forum
Industrial manufacturer giant JABIL expands its warehouse and production capacity in Hungary. The firm will get an extended production site at the regional city of Tiszaújváros in the Eastern part of the country. The large facility is being developed by the Hungarian company Infogroup.
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News Melinda Kovács joins Knight Frank Hungary
19
Sep
2023

Melinda Kovács joins Knight Frank Hungary

by Property Forum
Knight Frank Hungary has appointed Melinda Kovács as Associate Director. Specialized in office development and leasing transactions, she has a wide breadth of property knowledge, having gained experience throughout her career by working for international developers such as Skanska and Atenor as well as real estate advisory firms.
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News IWG to open three new Regus centres in Hungary
19
Sep
2023

IWG to open three new Regus centres in Hungary

by Property Forum
The world’s largest provider of hybrid working solutions with brands including Spaces, Regus, HQ and Signature, is expanding its Hungarian portfolio with 3 new openings, as the demand for hybrid working rapidly accelerates in the country.
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News Skanska divests Budapest office building for €100 million
19
Sep
2023

Skanska divests Budapest office building for €100 million

by Property Forum
Skanska has divested the first phase of its office complex H2Offices in Budapest, Hungary, to Erste Open-Ended Real Estate Investment Fund, represented by Erste Alapkezelő Zrt., for approximately €100 million. The transfer of the property is scheduled for the fourth quarter of 2023.
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News Local players in CEE remain highly competitive
19
Sep
2023

Local players in CEE remain highly competitive

by Property Forum
While international investors remain cautious, local players from CEE remain actively engaged, opportunistically monitoring the market, and taking advantage of reduced competition. Gábor Zeller, Senior Director, Capital Markets at iO Partners Hungary, talked to Property Forum about key investment trends and shared his market expectations for the rest of the year.
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Latest news


New leases

  • Confectionery Batida has joined the tenants of the LIXA City Gardens retail concept that is being arranged in the LIXA office complex near the Daszyński Roundabout in Warsaw.
  • Vileda expanded its office located in MyHive IO-1 in Warsaw, owned by CPI Property Group, to 712 sqm. Przemysław Urbański from Avison Young Poland supported Vileda in the negotiation process.
  • The LUX MED Group extended a 2,200 sqm lease agreement in the O3 Business Campus in Kraków managed by EPP

New appointments

  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.

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