ARTICLES LABELLED WITH TAG hungary
26
Sep
2022
Sep
2022
S Immo makes new green investment in Budapest
The owner and asset management company placed 437 solar panels on top of the Blue Cube office building to decrease CO2 emissions by 120 thousand kilogrammes a year.
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26
Sep
2022
Sep
2022
Infogroup buys half of ibis Styles hotel in Budapest
Hungarian developer and investor Infogroup has bought a 50% share in the ibis Styles Budapest Citywest Hotel.
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20
Sep
2022
Sep
2022
Construction starts at Park22 Business Park in Budapest
Groundworks have started at this new business park in the southern part of the Hungarian capital. The first phase is scheduled to be open in June 2023.
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20
Sep
2022
Sep
2022
Wing completes industrial property development near Budapest
The recently finished Hall 'I' at Airport City Business Park, located at Liszt Ferenc Airport offers a total leasable area of 6,000 sqm and is fully occupied.
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19
Sep
2022
Sep
2022
Immofinanz acquires €324 million retail portfolio from CPIPG
As part of its value-creating growth strategy with a focus on high-return properties, Immofinanz is acquiring 53 retail properties in the Czech Republic, Poland, Slovakia and Hungary from its majority shareholder CPI Property Group (CPIPG). The acquired portfolio has roughly 217,000 sqm of rentable space and is fully let with an occupancy rate of 99%. The purchase price totals €324.2 million. The purchase contract was signed today, together with the closing for 36 retail properties in the Czech Republic and Poland which have 108,000 sqm of rentable space. The purchase price of €191 million for those properties was financed from existing funds. The closing for the remaining 17 properties in Hungary and Slovakia is expected to take place by the end of this year.
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14
Sep
2022
Sep
2022
Revetas Capital's retail parks are practically full in Hungary
The occupancy rate of the portfolio comprised of 12 retail parks has reached 97% in Park Centers Hungary, Revetas Capital announced today.
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14
Sep
2022
Sep
2022
New stores to open at GOBUDA Mall in Budapest
Major international fashion and beauty brands will be coming to the shopping centre this autumn. The centre has been refurbished and developed by Hungarian company Wing.
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13
Sep
2022
Sep
2022
Coninvest Group to build new HQ near Budapest
A 1,500 sqm mixed-use real estate development is underway in the Sóskúti Ipark Park, located next to the M7 motorway in the Budapest area.
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12
Sep
2022
Sep
2022
Living starts new phase of Park West resi project in Budapest
The construction of Park West 3 will start in the second half of 2022. It comprises 230 apartments in the renewed Ferdinánd quarter of the 13th District, and is scheduled for delivery in the first quarter of 2025.
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09
Sep
2022
Sep
2022
B+N acquires Bulgarian FM company i-Facility EOOD
Hungary's B+N Referencia Zrt. has acquired Bulgarian facility management company i-Facility EOOD. With this new subsidiary, the company is now present in 7 countries in Central Europe.
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Latest news
- CPI Romania ends 2025 with 280,000 sqm of offices in Bucharest
- Veranda Mall secures €36 million refinancing from CEC Bank
- Win a CEE Property Forum ticket by participating in our survey!
- CTP leases record 2.33 million sqm last year
- Eli secures €136 million financing for Polish industrial portfolio
- Czech transaction pipeline at €3 billion in early 2026
- aSpace sees 85% occupancy for Bucharest flex offices in 2025
- Redkom Development starts retail park project near Warsaw
- Nepi Rockcastle posts net operating income hike of 11% in 2025
- NEPI Rockcastle expects strong retail growth and plans further expansion in 2026
New leases
- Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
- mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
- GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
New appointments
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
- CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.
