ARTICLES LABELLED WITH TAG Hungary

News Faedra sells part of its logistics park outside Budapest
23
Jun
2022

Faedra sells part of its logistics park outside Budapest

by Property Forum
Colliers represented Hungarian developer Faedra Group, on an exclusive basis, in the disposal of the first phase of its brand-new logistics development in Budapest.
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News GTC Hungary hires new top managers
23
Jun
2022

GTC Hungary hires new top managers

by Property Forum
Edina Magó will step up as Marketing Director and Nikoletta Ispánki will join the company as Commercial Director. The new appointments will strengthen the focus to enhance the growing markets.
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News Premiot to build new four-star hotel in Budapest
13
Jun
2022

Premiot to build new four-star hotel in Budapest

by Property Forum
The hotel will be erected on Hungaria Boulevard and is an investment of Europa Investment Property, which belongs to the Premiot investment group, Építészfórum reports.
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News OTP Bank inaugurates new office building in Budapest
07
Jun
2022

OTP Bank inaugurates new office building in Budapest

by Property Forum
Hungarian lender OTP Bank's new 84,000 sqm complex, built by Market Zrt. and called M12. It is 7 stories high, with a 3-level underground garage. 
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News Banks look to pre-leases to handle the medium-term cashflow risk
31
May
2022

Banks look to pre-leases to handle the medium-term cashflow risk

by Property Forum
Banks are happy to finance practically any new logistics project. But they are extremely cautious with the office and retail segments, not to mention hotel investments. Property Forum asked Tamás Deák, Director of Commercial Real Estate Finance at Erste Bank Hungary Zrt. about their financing practices amid the new, harsh economic conditions.
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News Mogotel to enter the Hungarian market
30
May
2022

Mogotel to enter the Hungarian market

by Property Forum
Riga-based hotel operator Mogotel announced its debut in Hungary via LinkedIn. With the cooperation of Accor and the financial support of state-owned development finance institution ALTUM, Mogotel is bringing Novotel Budapest Centrum into its hotel family.
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News Immofinanz modernises office building in Budapest
30
May
2022

Immofinanz modernises office building in Budapest

by Property Forum
Immofinanz has finalised the complete modernisation of the Myhive Haller Gardens office building in Budapest. The concept aims to allow tenants to use the community spaces for hosting guests, business meetings, and recreation in addition to their actual function. The reception areas and the gardens around the building are now available to tenants in a new concept and renewed form.
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News Inflation reinforces the need to think about real estate’s carbon footprint
30
May
2022

Inflation reinforces the need to think about real estate’s carbon footprint

by Ákos Budai
Increasing costs of energy and construction materials have visibly reinforced the need to think about the carbon footprint of the real estate industry through construction and building efficiencies. Benjamin Perez-Ellischewitz, Principal at Avison Young in Hungary talked to Property Forum about the impacts of the pandemic and the war in Ukraine on the real estate market and shared his thoughts about companies’ evolving approach toward ESG.
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News Panattoni wants to explore more opportunities in Hungary
27
May
2022

Panattoni wants to explore more opportunities in Hungary

by Property Forum
The pan-European developer, which entered the Hungarian market a relatively short time ago, sees a lot of opportunities in the countryside to build logistics centres for different end-users. Property Forum asked László Kemenes, Managing Director of the Hungarian branch about the company's plan for expansion and tackling the current general difficulties in the property industry.
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News GLP leases 22,000 sqm near Budapest to Alza
25
May
2022

GLP leases 22,000 sqm near Budapest to Alza

by Property Forum
GLP, a leading investor and developer of logistics warehouses and distribution parks, has signed a long-term lease agreement with online retailer Alza.hu for a 22,000 sqm warehouse at Sziget Logistics Centre, Hungary. Construction is already in progress, and the building is due to be finalized in Q3 2022.
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Latest news


New leases

  • Two new tenants have joined Galeria Echo in Kielce, owned by EPP. Dealz chain shop has leased a unit of nearly 580 sqm. The retail space of the Carrefour hypermarket is more than 4,500 sqm.
  • A Rossmann chain outlet has opened in the TGG shopping centre in Wrocław. The new chemist's shop took up over 600 sqm next to the grocery shop. In September, the second TGG site, the Astra shopping centre in Wrocław, will in turn see the opening of a Pepco chain shop.
  • InPost has opened a second logistics centre in Łódź. Ultimately, almost 300 people will find work in the 8,500 sqm facility. InPost's logistics centre, located in the vicinity of the A1 Central Logistics Hub motorway, occupies 7.5 thousand sqm of warehouse space and 1 thousand sqm of office space.

New appointments

  • Agnieszka Boroń has joined Equilis Poland to take up the post of Development Director. She has worked in the construction and development industry for over 20 years, specialising in residential project management. Prior to joining Equilis Poland, she was programme director at Nexity. Prior to that, she worked in managerial positions at Dom Development.
  • Agnieszka Baczyńska took up the position of Head of Leasing - Retail in CPIPG. She is responsible for the commercialization of retail facilities from the CPIPG portfolio. Baczyńska also manages the leasing of office space on the buildings owned by CPIPG.
  • Ferenc Gondi has been appointed to a new post as Country Head for CTP Hungary. He's been part of CTP's activity for over 5 years.


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