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Office Market News

Office market in your pocket – at home and abroad

7/2/13

Searching for office premises and obtaining market information has just got easier than ever thanks to the mobile application of Irodakereso.info, already available for iPhones and Android phones on the pages of App Store and Google Play. The application presents available offices and office market events in Hungary, Romania, Austria, Serbia and Croatia, making them accessible anywhere, at any time.

New Tenant in the Váci1 Shopping Gallery

6/27/13

Orco Property Group has signed a new lease for the building of Váci1. The tenant, Leman-Line Kft. is opening a Michal Negrin shop in Váci street. The brand that offers special fashion jewellery, fashion clothing, accessories and home décor, is a representative of the currently popular vintage style.

DC Tower 1 übertrifft Steffl

6/16/13

Passanten, die die Baustelle von Österreichs höchstem Wolkenkratzer von der naheliegenden Fußgängerpromenade aus erblicken, sind meist beeindruckt: Der geballte Einsatz von Mensch und Technik lässt sich in aller Deutlichkeit erkennen und löst vielfach Faszination aus.

Triiiple: Drei Türme für den dritten Wiener Bezirk

6/14/13

Gleich beim Knotenpunkt Ostautobahn/Südosttangente am Standort des ehemaligen Zollamtes in der Schnirchgasse im dritten Wiener Gemeindebezirk sollen drei neue Hochhaustürme mit Wohnungen, Büros und Gewerbeflächen entstehen. Das Gemeinschaftsprojekt der BIG-Tochter ARE Development und der Soravia Group soll Wohnen, Arbeiten und Leben stressfrei miteinander verbinden.

Honk Kong in a retail rent league of its own

6/7/13

Hong Kong continues to rank as the world’s most expensive global retail market, recording prime rents nearly 150 percent higher than New York and more than 400 percent higher than London and Paris, according to new research from global property advisor CBRE Group.

Atenor signs new tenant to Vaci Greens

6/7/13

Atenor, Belgian developer listed on Nyse-Euronext, announced the signing of a lease agreement in VaciGreens Building A in Budapest with SYKES, leading provider of customer contact management solutions and services. SYKES will occupy 2125m² on an entire floor.

CBRE appoints head of sustainability, EMEA

6/7/13

CBRE, the global property advisor, has appointed Rebecca Pearce as Head of Sustainability, EMEA. In this newly created role, Rebecca will work across CBRE’s extensive cross-border business, driving sustainable property and portfolio management initiatives on behalf of clients and responding to changing legislation and market trends. She will also oversee the company’s regional corporate responsibility policy and commitments to environmental sustainability.

According to Jones Lang LaSalle’s Q1 2013 Budapest City Report

6/7/13

73 million Euro was transacted on the Hungarian real estate investment market in Q1 2013 according to the international property advisor Jones Lang LaSalle. During the first quarter of 2013 only two transactions were concluded with a total investment volume of €73 million. One of these two transactions was not an institutional investment while the other was an off-market deal.

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