ARTICLES LABELLED WITH TAG Hungary

News Wing reopens Budapest shopping centre after refurbishment
24
Mar
2022

Wing reopens Budapest shopping centre after refurbishment

by Property Forum
The former EuroCenter was transformed into a modern shopping centre with a leasable area of ​​25,000 sqm, accommodating 100 stores and a service function.
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News Richter to build new headquarters in Budapest
22
Mar
2022

Richter to build new headquarters in Budapest

by Property Forum
Hungarian pharmaceutical giant Richter Gedeon will get a brand new HQ in Budapest. The handover is planned for the end of 2023.
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News HelloParks and Erste Bank sign €82 million loan agreement
18
Mar
2022

HelloParks and Erste Bank sign €82 million loan agreement

by Property Forum
Industrial developer HelloParks will use the €82 million (approximately HUF 30 billion) loan to build its industrial and logistics park in Maglód which is being developed in several phases. The next, second building is planned to be handed over in the last quarter of 2022.
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News GTC appoints Zoltán Fekete as President of the Management Board
17
Mar
2022

GTC appoints Zoltán Fekete as President of the Management Board

by Property Forum
Zoltán Fekete was appointed the President of the Management Board of GTC. Previously, he has served the company as the Chairman of The Supervisory Board for two years. In the new role, Mr Fekete will steer all GTC’s operations in the region.
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News Futureal Group's Pál Darida has passed away
17
Mar
2022

Futureal Group's Pál Darida has passed away

by Property Forum
Pál Darida, Director of Transactions and Financing at Futureal Group, passed away on Monday, the group announced. 
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News BDPST Group buys leading asset management company in Hungary
16
Mar
2022

BDPST Group buys leading asset management company in Hungary

by Property Forum
The aquisition aims to strengthen the position of the group in retail and office market and is subject to approval by Hungarian Competition Authority.
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News eMAG invests in warehouse near Budapest
11
Mar
2022

eMAG invests in warehouse near Budapest

by Property Forum
Romanian e-commerce player eMAG is investing in a new warehouse spanning more than 100,000 sqm near Budapest, which is the company’s first development of this kind outside the country. 
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News GTC opens Pillar office building in Budapest
10
Mar
2022

GTC opens Pillar office building in Budapest

by Property Forum
GTC has handed over the Pillar office building in Budapest which will almost fully be occupied by ExxonMobil. This BTS project was the biggest pre-lease ever (29,000 sqm) on the Hungarian office market.
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News Futureal Group donates HUF 300 million to help Ukrainian refugees
07
Mar
2022

Futureal Group donates HUF 300 million to help Ukrainian refugees

by Property Forum
Futureal-Cordia-HelloParks Group and its employees have made a number of commitments to help refugees from Ukraine.
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News Biggeorge to develop new warehouse centre near Budapest
07
Mar
2022

Biggeorge to develop new warehouse centre near Budapest

by Property Forum
The logistics arm of Biggeorge Property will start a huge project on the outskirts of Budapest, the company announced on LinkedIn. The complex is aimed to serve different clients with different needs. 
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Latest news


New leases

  • Buchareast-based office project Floreasca Park has reached over 80% occupancy, following over 4,400 sqm of recent leasing activity. Leroy Merlin has leased 3,900 sqm, while IGEL Technology is occupying 515 sqm.
  • Henkel Romania has sold a 1,800 sqm property in central Bucharest, which served as its HQ, to a high-end residential developer. The deal was brokered by iO Partners.
  • The family shopping centre M1 Kraków, managed by EPP, is strengthening its gastronomic, service and sports offer. The group of new tenants includes Sports Direct, which is making its debut in the capital of Małopolska, as well as the oriental restaurant Asia Mama and the pet shop Maxi Zoo. In recent months, Cukiernia Sowa has also opened its doors to customers. MediaMarkt, McDonald's, HalfPrice and 4F, which presented an enlarged salon in the new BLACK concept, have decided to continue their cooperation with the Kraków facility and modernise their premises. All signed contracts cover over 6,000 sqm of space.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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