ARTICLES LABELLED WITH TAG Hungary

News ConvergenCE buys Buda office building
05
Sep
2019

ConvergenCE buys Buda office building

by Property Forum
Budapest-based commercial real estate investor and developer, ConvergenCE has announced the acquisition of the Central Business Center office building in the 2nd district of Budapest. ConvergenCE acquired the building in Horvát Street from Immonfinanz.
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News Colliers to lease rebuilt Budapest office building
05
Sep
2019

Colliers to lease rebuilt Budapest office building

by Property Forum
Irányi Palace - located in Downtown Budapest in Irányi street, between Váci and Veres Pálné streets – will rejuvenate by mid-2020 as a high quality, contemporary style office building. The property, owned by Optinvest Zrt is being rebuilt by EBH Invest, based on the plans of Pyxis Nautica Design & Build, while Colliers International has been exclusively appointed to lease the building.
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News pbb provides €52 million for Budapest acquisition
29
Aug
2019

pbb provides €52 million for Budapest acquisition

by Property Forum
pbb Deutsche Pfandbriefbank provided an investment loan and a VAT facility totalling €52 million to an open-ended special alternative fund managed by Warburg-HIH Invest Real Estate. The fund will use the proceeds for the acquisition of the newly built White House office building in Budapest from developer GTC. pbb acted as arranger and sole lender under the facilities.
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News Czech developer to enter Budapest’s office market
31
Jul
2019

Czech developer to enter Budapest’s office market

by Property Forum
Czech developer UDI Group has purchased a 2 ha plot in Budapest and unveiled its plans to enter the Hungarian market.
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News CTP expands its network in Budapest
31
Jul
2019

CTP expands its network in Budapest

by Property Forum
CTP is on a good track to deliver more than 100,000 sqm premium category industrial space on the Budapest market in the next 12 months.
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News New tenants drive Budapest’s office market
25
Jul
2019

New tenants drive Budapest’s office market

by Property Forum
Total demand on the Budapest office market reached 163,390 sqm in Q2 2019, representing an almost equal amount of take-up compared to the same period of last year. New leases accounted for 42.7% of the total leasing activity, according to BRF’s latest figures.
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News Atenor to start new office project in Buda
24
Jul
2019

Atenor to start new office project in Buda

by Property Forum
Atenor has signed an agreement, relating to the acquisition of a plot in the 11th district of Budapest, Hengermalom út 18., with an area of 5,711 sqm.
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News Skanska sells Budapest building to Korean investor
24
Jul
2019

Skanska sells Budapest building to Korean investor

by Property Forum
Skanska has sold its Nordic Light Trio office building in Budapest to JR AMC, a South Korean real estate investment trust. This is not only the buyer's first acquisition with Skanska, but it is also its first office investment in the CEE region after transactions in Vienna, Dublin and Paris. 
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News M7 sells logistics park in Hungary
24
Jul
2019

M7 sells logistics park in Hungary

by Property Forum
M7 Real Estate announcesd the sale of Aerozone Logistics Park in Budapest, Hungary, to a South African investor, JTRoss Group on behalf of M7 Central European Real Estate Fund I (M7 CEREF I).
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News TriGranit starts structural works of Budapest project
10
Jul
2019

TriGranit starts structural works of Budapest project

by Property Forum
Millennium Gardens, TriGranit’s newest office development in Budapest, is already under the structural construction phase. Structural works of the office building with over 37,000 sqm GLA, is being carried out by Bayer Construct Zrt. The project will be the final element of Millennium City Centre with completion in Q2 2021.
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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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