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Office Market News

European CRE proving resilient in the face of macro headwinds

4/25/22

The first quarter of 2022 was dealt a devastating shock by Russia’s invasion of Ukraine

IMMOFINANZ with strong results in 2021

4/21/22

IMMOFINANZ with strong results in 2021: 46% increase in results of operations, net profit reaches EUR 346 million

ConvergenCE’s Project Management Team Expands

4/7/22

Gábor Zeley, an experienced real estate expert, has joined investor and developer ConvergenCE. In his new position as senior project manager, he is primarily responsible for the renovation of Academia, the prime office building on the Danube bank acquired by Europa Capital in partnership with ConvergenCE.

Full year investment volumes for 2021 in Central and Eastern Europe rose by 6% YoY

4/6/22

The construction, operation, financing, development and acquisition of commercial property in 2022 and beyond will continue to be impacted by the price of fuel, energy and construction materials.

IMMOFINANZ has signed nearly 65 000 sqm in Hungary last year

3/31/22

IMMOFINANZ - one of the largest investors in the region has signed contracts in both, retail and office sector throughout 2021 for a total of over 65,000 sqm.

IMMOFINANZ acquires another retail park in Italy and expands market leadership in Europe

3/21/22

IMMOFINANZ is consistently expanding its leading role as Europe’s largest retail park operator as part of its growth strategy. The number of STOP SHOPs will be increased by roughly 40% to 140 locations by 2024 based on selective acquisitions and new openings.

IMMOFINANZ Hungary received three awards at CIJ Awards Hungary 2021

3/18/22

IMMOFINANZ was awarded as “Best Asset Management Company of the Year”, „Best Legacy Development Company of the Year” and „Best interior Design Concept of the Year” in 2021.

IMMOFINANZ presents new brand On Top Living at MIPIM 2022

3/16/22

IMMOFINANZ presents its new residential brand On Top Living at MIPIM, the world’s biggest real estate fair in Cannes. Under this brand, IMMOFINANZ will provide its tenants with up to 12,000 smart and sustainable apartments at affordable prices in the medium term.

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Harkácsi István

+36 30 644 7655


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