ARTICLES LABELLED WITH TAG Hungary

News Cordia introduces online home-buying process
08
Apr
2020

Cordia introduces online home-buying process

by Property Forum
Hungarian residential developer Cordia is introducing a new, secure, online service that covers the entire home buying process, including virtual viewing and remote contract signing.
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News Colliers: CEE investment volumes expected to drop in Q2/Q3
08
Apr
2020

Colliers: CEE investment volumes expected to drop in Q2/Q3

by Property Forum
The preliminary investment volumes for the CEE region for Q1 2020 have reached ca. €3.7 billion, despite the onset of COVID-19 in CEE at the beginning of March. This volume was significantly boosted by the ca. €1.3 billion acquisition of the Residomo portfolio in the Czech Republic by Heimstaden, however, it still represents a y-o-y growth of 68% over Q1 2019 (ca. €2.2 billion) and 28% over Q1 2018 (ca. €2.9 billion).
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News Hungary’s Optima buys controlling interest in GTC
06
Apr
2020

Hungary’s Optima buys controlling interest in GTC

by Property Forum
Optimum Ventures Private Equity Fund (owned by Optima, the fund manager of the National Bank of Hungary's foundations) and an affiliate of Lone Star Funds (an American private equity firm) have entered into a conditional share purchase agreement, pursuant to which Optima will acquire a majority shareholding (61.49%) in Globe Trade Centre S.A., a Polish company trading on the Warsaw Stock Exchange and Johannesburg Stock Exchange.
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News Hungary's economy suffers more than others in the region
03
Apr
2020

Hungary's economy suffers more than others in the region

by Property Forum
According to the Purchasing Managers' Index (PMI), which measures the activity level of purchasing managers in a given sector, Hungary's manufacturing industry was hit much harder by the coronavirus crisis than the same sector in other CEE countries. The Polish and Czech PMI show that these economies were less affected by the downturn in March than the economy of Hungary.
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News C&W: Core CEE countries under lockdown
03
Apr
2020

C&W: Core CEE countries under lockdown

by Property Forum
As the global pandemic progresses across borders and within countries, Cushman & Wakefield’s EMEA market research experts shared what they are seeing on the ground in their countries.
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News C&W: Companies transition to ‘home office’ quite smoothly
01
Apr
2020

C&W: Companies transition to ‘home office’ quite smoothly

by Property Forum
Over the past month, most companies in Hungary made an immediate transition to ‘home office’. Cushman & Wakefield embarked upon a study to understand their experiences.
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News Diófa Asset Management names new Head of Real Estate
31
Mar
2020

Diófa Asset Management names new Head of Real Estate

by Property Forum
Bence Balázs is the new Head of Real Estate at Diófa Asset Management. Bence Balázs has gained 13 years professional experience on domestic, regional and international commercial real estate markets. He joined Diófa Asset Management in 2019 as portfolio manager responsible for real estate investment funds. As head of real estate at Diófa Asset Management, his responsibilities include the coordination of the asset management, fund management, leasing and investment management operations of the company. Bence aims to further expand the core real estate portfolios of Diófa, to refine the asset and fund management systems of the company and intends to ensure stable and predictable return levels towards the retail and institutional investors of the funds. In addition, he intends to launch new funds and investment products together with the Diófa team
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News Hungary’s Cordia to enter Germany’s residential market
27
Mar
2020

Hungary’s Cordia to enter Germany’s residential market

by Property Forum
Cordia International is continuing its international expansion. Following Romania, Poland and Spain, the developer is entering the German rental housing market through the acquisition of a 20.6% stake in ARGO Properties N.V. for €34.4 million.
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News C&W brokers pre-lease for Atenor building in Budapest
26
Mar
2020

C&W brokers pre-lease for Atenor building in Budapest

by Property Forum
With the help of Cushman & Wakefield Budapest, a major software development company has rapidly signed a 7,500 sqm pre-lease at Atenor’s Váci Greens Building E. With this new transaction the office building is 40% pre-let 6 months prior to handover. This 40% comprises lease agreements with retail service providers as well, such as a restaurant, a bakery, a drogerie and customer service offices. Cushman & Wakefield’s PDS Team is providing interior design and project management services to the tenant.
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News IIB acquires historic building in Budapest
25
Mar
2020

IIB acquires historic building in Budapest

by Property Forum
International Investment Bank (IIB) and DOB-68 Zrt. in full accordance with the requirements of the Hungarian legislation signed the documentation on the acquisition of the historic Lánchíd Palota building in Budapest. The building will house IIB’s international headquarters.
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Latest news


New leases

  • The company PKB Inwest Budowa has announced that the retail chain Lidl Polska will be a tenant of the newly developed Retail Park in Garwolin. The investment will include the construction of 3 buildings with a total area of 11,045 sqm. GLA. One of of them with an area of over 2,100 sqm will be occupied by a Lidl Polska shop.
  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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