ARTICLES LABELLED WITH TAG hungary
28
Oct
2022
Oct
2022
British Telecom to relocate office staff in Debrecen
Around 500 colleagues based in Hungary’s second-biggest city will move to the new location, state-of-the-art Forest Offices in 2023.
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27
Oct
2022
Oct
2022
Wing hands over two new industrial halls near Budapest
Phase 1 of the East Gate Pro Business Park has been completed. Nearly 75% of the available space had been leased.
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25
Oct
2022
Oct
2022
Living starts first residential project in Buda
Construction of the Római Part residential park by Hungarian developer WING’s umbrella brand Living is already underway just off the riverbank of the Danube in Budapest. The 257-unit complex is the closest residential development of this size to the river.
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25
Oct
2022
Oct
2022
Buda Bright complex reaches highest point in Budapest
Indotek Group’s first large-scale residential project in Budapest, Buda Bright, was launched in March 2021 and is planned to be handed over at the end of next year.
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21
Oct
2022
Oct
2022
Speculative industrial stock rises sharply in Hungary
In Q3 2022, the speculative industrial stock in Greater Budapest was expanded by eight buildings, a total of 145,390 sqm, while four new buildings were handed over in Regional Hungary, with a total of 33,380 sqm, Budapest Research Forum (BRF) reports.
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20
Oct
2022
Oct
2022
GRAWE Group buys Máriássy office complex in Budapest
Wing has sold the Máriássy office complex in Budapest to GRAWE Immo AG, part of the GRAWE Group. Wing purchased the plot and developed the office buildings in 2003-2005. Financial details were not disclosed about the deal.
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18
Oct
2022
Oct
2022
New office supply increases significantly in Budapest
In Q3 2022, the volume of new supply in Budapest's office market increased significantly compared to the previous quarter, marking the highest volume since Q2 2020, the Budapest Research Forum (BRF) reports.
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18
Oct
2022
Oct
2022
ESG is rewriting the rules of office leasing
ESG is rewriting the rules of office leasing with the attitude of landlords, tenants and service providers gradually changing. During a panel discussion recently organised by CEE-based flex space provider New Work at Science Park in Budapest, market experts discussed the topic in detail.
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17
Oct
2022
Oct
2022
VGP completes first phase of VGP Park Budapest Aerozone
VGP, the European company that develops, manages and owns high-quality logistics and semi-industrial real estate, has handed over a 10,000 sqm warehouse building to Boxy Logisztikai Zrt.
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14
Oct
2022
Oct
2022
Cordia to launch huge residential project in Budapest
Hungarian residential developer Cordia, a subsidiary of Futureal Group, will soon launch a new large-scale district renewal development in Budapest.
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Latest news
- Bucharest to add 1,500 new hotel rooms by 2028
- The Eastern Growth Corridor can turn strategic importance into investment
- Lenders set to boost real estate lending in Europe
- UNIQA Real Estate opens platform to third-party investors
- ATAL launches second phase of Gdańsk housing scheme
- Skanska breaks ground on office complex in Kraków
- P3 signs two new tenants at Plzeň Myslinka park
- TriGranit building secures WELL Health-Safety Rating
- Crestyl and WOOD & Company launch Prague residential project
- UBM Development timber project in Prague remains occupied
New leases
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
- Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
