ARTICLES LABELLED WITH TAG SAP

21
Jan
2025

Budapest office demand up 8% in 2024

by Property Forum

Total office demand in Budapest rose by 8% year-on-year to 502,150 sqm during 2024, according to data from the Budapest Research Forum (BRF).

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11
Oct
2021

SAP acquires Sofia office building for €49 million

by Property Forum

SAP is acquiring the newly built Class A office building Park Lane Office Center in Sofia for €49 million. The purchase price is equivalent to a 7.5% asset yield. This is the largest investment deal on the Bulgarian office property market so far in 2021

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Latest news

New leases

Full Season, part of Media Broadcast Satellite (MBS), a leading provider of services in media, opened its first Bucharest office in BOC, owned by Globalworth, in a transaction brokered by Griffes.
Elmet Group Metal & Electric, a metal and electric components specialist, will lease 4,565 sqm of space for production and storage activities within ELI Park 5 Bucharest. The project is being developed by ELI Parks in partnership with Eren Cons.
P&G Romania will relocate its HQ to a space of approximately 7,000 sqm in YUNITY Park business campus, developed by Genesis Property. The lease contract will run for 10 years.

New appointments

CBRE Hungary has named Anna Zhang as Business Development Manager, while Antoine Fromental takes on the role of Hotel Investment Analyst. Zhang is tasked with developing partnerships with Far Eastern clients and strengthening business relations in CEE markets. She previously served on the PwC Hungary China Desk team. Fromental joins the firm after roles at B&B Hotels and Cushman & Wakefield, where he contributed to various European hotel development, valuation, and market research projects.
Garbe has named Zuzana Štěpánková as Business Development Manager in the Czech Republic. She has previously worked at iO Partners as Senior Consultant.
Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.

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