ARTICLES LABELLED WITH TAG hungary

News - This can be a great year to purchase higher-yielding assets
13
Feb
2023

This can be a great year to purchase higher-yielding assets

by Property Forum
Investors are not in a hurry to buy assets yet, assuming those assets may become cheaper as holders are in trouble. Property Forum asked Kristóf Bárány, Founding Partner of fund management company Adventum Group about their preferences in Hungary and the broader region.
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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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Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.

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