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Office Market News

The total office stock in 15 CEE countries will exceed 30 million m² by 2021

The largest supply of modern office space in 15 CEE countries was recorded in Warsaw, Budapest and in Prague, while the biggest increase of new supply in H1 2019 was noted in Bucharest. The most active tenant sectors are IT, professional services, banking and BPO/SSC. More and more office buildings can boast of prestigious certificates, modern technological and ecological solutions and innovatively designed space.

ibis Styles Budapest Genius

ibis Styles Budapest Genius, a long-awaited development in the 11th District of Budapest will welcome first guests in the fall of 2020.

Tenant experience brought up to next level with the official launch of Spaceflow community builder application in Hungary

We are very glad to launch Spaceflow in Hungary as we believe there is a great potential and momentum for disruption in the commercial real estate market

Colliers International appoints Kevin Turpin as a Regional Director of Research for Central and Eastern Europe

Leading global commercial real estate services and investment management firm, Colliers International announced today that Kevin Turpin has been appointed as the new Regional Director of Research for Central and Eastern Europe. He started his new position on the 1st of October in Prague.

The construction and leasing of Aréna Business Campus is in full swing

Atenor has opened its brand new, super modern showroom in Aréna Business Campus Building A that is under construction.

Brown-Forman found its new office with JLL’s assistance

The Brown Forman Corporation is one of the largest American-owned producers in the spirits and wine business. Its portfolio includes such well-known brands as Jack Daniel’s Tennessee Whiskey, El Jimador tequila or the Finlandia Vodka

Lindt is expanding further in Budapest

Lindt plans to open a second retail unit in Budapest with JLL as its tenant representative. The international real estate advisory firm assisted the chocolatier Lindt&Sprüngli in the contract negotiation in their new downtown location, which will soon open on the Fashion Street.

METRO PROPERTIES sells and leases back Central European portfolio of Cash & Carry stores

METRO PROPERTIES was advised by the Investment team of Colliers International Czech Republic for the Czech transaction, by Colliers Hungary for the Hungarian transaction and by Colliers Poland for the Polish transaction.