ARTICLES LABELLED WITH TAG Hungary

News LogiCube Park in Hungary to be expanded
25
Sep
2023

LogiCube Park in Hungary to be expanded

by Property Forum
Hungarian developer Defactoring Zrt. has announced the start of the construction of the next phase of the logistics project in Biatorbágy in the suburbs of Budapest. The handover is scheduled for next summer.
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News Infogroup to extend JABIL's site in Hungary
22
Sep
2023

Infogroup to extend JABIL's site in Hungary

by Property Forum
Industrial manufacturer giant JABIL expands its warehouse and production capacity in Hungary. The firm will get an extended production site at the regional city of Tiszaújváros in the Eastern part of the country. The large facility is being developed by the Hungarian company Infogroup.
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News Melinda Kovács joins Knight Frank Hungary
19
Sep
2023

Melinda Kovács joins Knight Frank Hungary

by Property Forum
Knight Frank Hungary has appointed Melinda Kovács as Associate Director. Specialized in office development and leasing transactions, she has a wide breadth of property knowledge, having gained experience throughout her career by working for international developers such as Skanska and Atenor as well as real estate advisory firms.
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News IWG to open three new Regus centres in Hungary
19
Sep
2023

IWG to open three new Regus centres in Hungary

by Property Forum
The world’s largest provider of hybrid working solutions with brands including Spaces, Regus, HQ and Signature, is expanding its Hungarian portfolio with 3 new openings, as the demand for hybrid working rapidly accelerates in the country.
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News Skanska divests Budapest office building for €100 million
19
Sep
2023

Skanska divests Budapest office building for €100 million

by Property Forum
Skanska has divested the first phase of its office complex H2Offices in Budapest, Hungary, to Erste Open-Ended Real Estate Investment Fund, represented by Erste Alapkezelő Zrt., for approximately €100 million. The transfer of the property is scheduled for the fourth quarter of 2023.
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News Local players in CEE remain highly competitive
19
Sep
2023

Local players in CEE remain highly competitive

by Property Forum
While international investors remain cautious, local players from CEE remain actively engaged, opportunistically monitoring the market, and taking advantage of reduced competition. Gábor Zeller, Senior Director, Capital Markets at iO Partners Hungary, talked to Property Forum about key investment trends and shared his market expectations for the rest of the year.
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News Demand for nearshoring is weaker than expected
18
Sep
2023

Demand for nearshoring is weaker than expected

by Property Forum
Demand for modern industrial space is still considerably high though European manufacturing companies are not taking home their production as quickly as earlier expected. Meanwhile, Asian firms in the automotive industry are increasingly seeking proper warehouses and logistics service providers. Property Forum asked Máté Szoboszlay, Director of Capital Deployment at Prologis Hungary about the change in e-commerce-related demand and the special needs of Asian tenants.
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News Cordia International sells 10,000th apartment in Europe
15
Sep
2023

Cordia International sells 10,000th apartment in Europe

by Property Forum
In 2023, Cordia International sold its 10,000th apartment, a result of nearly two decades of operation. The Hungarian property developer is now planning a major new urban regeneration project in Budapest.
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News Variability is key to saving costs in FM
15
Sep
2023

Variability is key to saving costs in FM

by Property Forum
Facility managers of large sports centres face mounting energy and labour costs too. But those costs can be lower if the property itself is enabled to host different kinds of events. Developers should involve all parties to reach that goal before the construction or in case of remodelling the building. Tibor Lak, Finance Manager of Budapesti Sportcsarnok Üzemeltető Kft., a subsidiary of Granit Polus, which has been running Budapest Arena, a huge multifunctional centre in the Hungarian capital, spoke with Property Forum about how to handle this problem.
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News Atenor sells RoseVille office building in Budapest
14
Sep
2023

Atenor sells RoseVille office building in Budapest

by Property Forum
Atenor announced the sale of the RoseVille office building located in District 3 of Budapest. The buyer is a Hungarian fund set up by international investors. This transaction is a significant achievement in the developers' operational plan and a major milestone in the Budapest investment market for the year 2023.
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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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