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Office Market News

Colliers deepens commitment to drive positive global impact with new ESG strategy

Colliers, a leading diversified professional services and investment management company (NASDAQ, TSX: CIGI), today released Elevate the Built Environment, its new strategic framework designed to embed environment, social, and governance (ESG) best practices across the organization.

Millennium Gardens receives accessibility certification

Millennium Gardens, developed by TriGranit, has received the Access4you Gold certification based on the project’s construction plans.

Warsaw and Prague have started to see green shoots of recovery in demand on office markets in H1 2021

Business Services Centres (BSCs) continue to be one of the leading sources of FDI and one of the biggest employment sectors in the CEE region

ConvergenCE Successfully Sold Árpád Center

ConvergenCE closed the sale of Árpád Center at the end of Summer 2021. The popular office building at the junction of Árpád Bridge and Váci út was acquired by Investum Kft.

GTC Hungary appoints Ede Gulyás as Country Head Deputy

Globe Trade Centre has promoted Ede Gulyás to the position of Country Head Deputy, as of August 1, GTC announced. In his role, Ede will be responsible for all GTC’s operations in Hungary.

A bistro-style restaurant awaits tenants of Millennium Gardens

TriGranit, the developer of Millennium Gardens and the Kantin restaurant chain, which focuses on premium office catering, have agreed to open the latest unit of the restaurant chain, successfully operating under the Kantin brand

IMMOFINANZ expands portfolio to include the growth segment of sustainable and affordable housing – up to 12,000 apartments planned

IMMOFINANZ is not only on a growth course throughout Europe with its innovative office and retail solutions but is now expanding its real estate offering to also include affordable and sustainable housing. With Top on STOP, single-storey STOP SHOP retail parks will be overbuilt to create low-price, resource-friendly housing and to create up to 12,000 new apartments over the medium-term.

IMMOFINANZ generated strong growth in the results of operations and net profit during the first half-year

The expansion of the portfolio through acquisitions in Bucharest and Italy during recent months will be continued: The acquisition and development project pipeline has a volume of more than EUR 1 billion.