ARTICLES LABELLED WITH TAG hungary
02
Mar
2022
Mar
2022
Europa Capital and ConvergenCE rebanrd Budapest office building
Europa Capital and ConvergenCE have announced the new brand identity of the recently acquired Akadémia Business Center in the heart of Budapest. Alongside the launch of the refurbishment works, the riverside building will be rechristened Academia, as a vital part of its transformation and repositioning.
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01
Mar
2022
Mar
2022
Europa Capital to launch new CE Logistics Platform
The pan-European real estate investment manager will invest in the logistics sector in partnership with White Star Real Estate.
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24
Feb
2022
Feb
2022
Local investor buys office building on Budapest's Váci Road
Area Ingatlan Kft and its co-investor have acquired BC 91 Offices located on Budapest's Váci Road office corridor.
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23
Feb
2022
Feb
2022
ESG will force all market players to level up their buildings
S IMMO has recently made major commitments towards building a fully ESG-compliant office portfolio in Budapest with a large acquisition and an ambitious green energy initiative. Géza Barabas, Country Manager of S IMMO Hungary talked to Property Forum about upcoming investment plans and the company’s ESG strategy for the Hungarian market.
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18
Feb
2022
Feb
2022
Indotek Group reduces CO2 emissions of portfolio
Hungarian investment and property management company Indotek Group has launched 16 energy efficiency projects with a total worth of €1.4 million (HUF 500 million) to modernize its shopping centres and office buildings.
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18
Feb
2022
Feb
2022
Value of construction works expands in Hungary
Last year, the Activity Start indicator of EBI Construction Activity Report reached a total of more than €7 billion (HUF 2,500 billion), an increase of almost 18% against 2020 and of more than 6% against 2019.
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14
Feb
2022
Feb
2022
Number of green buildings on the rise in Budapest
Last year the number of new green buildings and the "greening" of existing ones continued to grow dynamically in Budapest, Colliers reports.
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10
Feb
2022
Feb
2022
HelloParks prepares for next phase of large project near Budapest
HelloParks, a member of Futureal Group, has already handed over its first 46,000 sqm warehouse in Maglód which is operating with more than 80% occupancy. Preparations for the next 45,000 sqm phase (MG3) have begun. The new building is planned to be handed over in Q4 2022
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04
Feb
2022
Feb
2022
New office park to open in prestigious quarter of Budapest
Enter City Office Park will appear on the hilly side of the Hungarian capital and is expected to be completed in 2023, Építészfórum reports.
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03
Feb
2022
Feb
2022
New hotel to open in refurbished leisure centre in Budapest
A long-vacant iconic building on Almássy Square in District 7 of Budapest, which previously housed a leisure centre, will be transformed into a 135-room hotel, Építészfórum reports.
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Latest news
- €20 million Bucharest resi project enters advanced construction stage
- Danubius brings Radisson Individuals brand to Hungary
- GTC reshuffles Polish leadership under new sector-based structure
- MLP Group taps bond market for another €100 million in green notes
- Eastnine doubles down on Warsaw with €300 million deal
- Speedwell breaks ground on new SME warehouse near Bucharest
- Hungary's Faedra Group makes its Polish debut in Warsaw
- Scope upgrades WING's outlook after 53% revenue surge
- What does the global real estate industry really think about Ukraine?
- Bucharest housing bounces back
New leases
- 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.
- Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
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.
