ARTICLES LABELLED WITH TAG Hungary

News Wing’s Budapest office project to include a hotel
25
Oct
2021

Wing’s Budapest office project to include a hotel

by Property Forum
Wing and Accor have concluded a long-term agreement for a 12,000+ sqm area of the 42,000 sqm Liberty complex. As a result, the office building pursuing the BREEAM Excellent rating has added to its profile a dual-branded hotel under the Ibis and Tribe brands. The hotel part will be located in the landmark South wing and it is expected to be completed in 2023, which means this will be the first Tribe Hotel in Hungary.
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News Colliers wins PM and FM mandate of Codic’s Budapest office project
25
Oct
2021

Colliers wins PM and FM mandate of Codic’s Budapest office project

by Property Forum
As of September 2021, Colliers is responsible for the property and facility management services of Green Court Office, a new, Class A office development by Codic, located on Dózsa György út.
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News Wing completes structure of Budapest residential building
21
Oct
2021

Wing completes structure of Budapest residential building

by Property Forum
Kassák Passage, the second phase of LIVING’s Kassák project, has reached its highest point. The project features 262 units and is located close to the Váci út office corridor. It is expected to be completed in the second half of 2022.
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News New leases drive Budapest’s office market again
20
Oct
2021

New leases drive Budapest’s office market again

by Property Forum
Total demand on Budapest’s office market reached 81,500 sqm in Q3 2021, representing a 17% decrease quarter-on-quarter, but a 3% increase year-on-year. New leases overpowered regarding the share of total leasing activity with 60%, reveals fresh data by the Budapest Research Forum.
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News S Immo plans large-scale office project in Budapest
20
Oct
2021

S Immo plans large-scale office project in Budapest

by Property Forum
S Immo will further expand its Hungarian portfolio. The company is planning to develop a 40,000 sqm project on the Váci Road office corridor.
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News Julius Meinl Living buys apartment hotel in Budapest
15
Oct
2021

Julius Meinl Living buys apartment hotel in Budapest

by Property Forum
JLL Hungary has advised the seller on the sale of an operating apartment hotel, Escala Hotel & Suits. The 50-apartment hotel, located in Budapest's Corvin quarter, was sold in August, JLL said in a LinkedIn post.
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News VGP enters the Budapest market
14
Oct
2021

VGP enters the Budapest market

by Property Forum
VGP enters the Budapest market by purchasing a 38 ha development site at the strategic location of Üllő, adjacent to Budapest Liszt Ferenc International Airport. The development potential of VGP Park Budapest Aerozone is approx. 125,000 sqm.
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News Metrodom buys 15,000 sqm Budapest plot for new resi project
12
Oct
2021

Metrodom buys 15,000 sqm Budapest plot for new resi project

by Property Forum
Local residential developer Metrodom has bought a 15,000 sqm plot on Budapest's Soroksári út, where it plans to build a new residential quarter, property advisor CE Land, which brokered the deal, announced.
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News Hungary’s B+N expands further with Slovenian acquisition
12
Oct
2021

Hungary’s B+N expands further with Slovenian acquisition

by Property Forum
In spring 2021, Hungarian FM provider B+N Referencia Zrt. acquired the interests of ISS Group in the Czech Republic, Slovakia, Romania and Hungary.  With this move, the Hungarian company group has become one of the largest facility operators in the region. As a logical continuation of this expansion, the company purchased a 100% stake in the Slovenian subsidiary of ISS.
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News Indotek completes renovation of three malls in Hungary
08
Oct
2021

Indotek completes renovation of three malls in Hungary

by Property Forum
Indotek Group has modernised three of its malls, Szeged Plaza, Kaposvár Plaza and Szolnok Plaza, for nearly HUF 2 billion. The property group began its shopping mall renovation programme with the aim of creating buildings even more in line with the needs of tenants and shoppers by modernising the external façades and interior spaces. The three updated malls now await visitors with a modern exterior, a new environment, and new stores and services.
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Latest news


New leases

  • The company PKB Inwest Budowa has announced that the retail chain Lidl Polska will be a tenant of the newly developed Retail Park in Garwolin. The investment will include the construction of 3 buildings with a total area of 11,045 sqm. GLA. One of of them with an area of over 2,100 sqm will be occupied by a Lidl Polska shop.
  • 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.

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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