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Office Market News

IMMOFINANZ acquires CPIPG's retail portfolio

9/20/22

As part of its value-creating growth strategy with a focus on high-return properties, IMMOFINANZ is acquiring 53 retail properties in the Czech Republic, Poland, Slovakia and Hungary from its majority shareholder CPI Property Group (CPIPG)

97% Occupancy Rate For Revetas Capital Retail Portfolio in Hungary

9/14/22

Revetas Capital is pleased to announce that it has achieved an occupancy rate of 97% in Park Center Hungary, its retail portfolio of 12 properties in Hungary

New real estate development near Budapest

9/13/22

A 1,500 square meter real estate development is underway in the SÓSKÚTI IPARI PARK, located next to the M7 motorway in the Budapest area

Swiss travel agency relocates to square named after Swiss reformer

9/6/22

One of Europe’s most rapidly growing online travel platforms, Risskov, has found a new home in Budapest, at Kálvin Square.

Investors continue to view the Central and Eastern Europe investment market as an attractive destination

8/30/22

Most Central and Eastern Europe (CEE) economies have seen faster recoveries post COVID than Western EU economies, with Poland, Hungary, Romania and the Baltics being especially strong performers.

Financial results of IMMOFINANZ in the first half of the year

8/25/22

IMMOFINANZ closed a very good first half of 2022

Europa Capital and ConvergenCE are first to commit to WiredScore certification in Hungary for the ACADEMIA office building

7/26/22

WiredScore, the global certification for technology in real estate, launches its WiredScore and SmartScore certifications in Hungary. The launch comes as part of a wider expansion push across Europe, which will see WiredScore present in 27 markets.

The Budapest Research Forum (hereinafter the ‘BRF’)hereby reports its Q2 2022 office market summary.

7/25/22

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q2 2022 office market summary.

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