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Office Market News

WING Sells Angyal Office Building to B&B Hotels, the Leading French Economy Hotel Chain

12/21/18

WING has sold the Angyal (Angel) office building, set adjacent to Boráros Square in central Budapest, to French economy hotel chain B&B Hotels. The building will be converted to a hotel based on the two companies’ strategic agreement, and become B&B Hotels’ first hotel in Hungary, with WING taking on development tasks.

More than €1.8 billion transacted on the Hungarian commercial real estate market in 2018

12/20/18

During 2018 the total commercial real estate investment transaction volume passed the €1.8 billion level in Hungary, marking the third consecutive year of stable and strong investor appetite and the highest annual transaction volume since 2007– according to JLL Hungary's latest forecast.

CBRE 2019 Market Outlook: European Real Estate Markets Continue To Build Momentum despite Global Uncertainty

12/17/18

The European property sector is expected to grow and bring new opportunities, despite continued downside risks, according to CBRE’s 2019 EMEA Market Outlook report.

Health & Beauty to lead rateil space requirements over next five years says CBRE

12/7/18

Retailer demand for physical store space will remain steadfast throughout a number of key retail markets over the next five years, with the Health and Beauty sector leading the way in driving future growth requirements according to global real estate advisor CBRE

Atenor is unstoppable: the newest, Váci Greens Building F has also found its tenant

12/6/18

The Hungarian insurance company, NN Biztosító, signed a 5,500 m2 office lease agreement in the next building of Váci Greens, Building F, which is still under construction. The construction of the 24,300 m2 Váci Greens F is in full swing and according to plans, with its first tenant moving in June 2020.

Immofinanz financial result

11/29/18

Results of the Q1-3 2018 in HUNGARY as of 30 September 2018

New LEED Platinum office building in Budapest

11/28/18

GTC’s latest development, GTC White House has achieved the highest, Platinum Certification level under the LEED for Building Design and Construction rating scheme.

Another major WING Zrt. development project in Budapest

11/26/18

WING Zrt has begun preparations for the construction of another major office building in one of Budapest’s most dynamically developing districts, right next door to the recently inaugurated Telekom headquarters. With a total floor space of 40 thousand square meters, the Liberty Office Building will offer premium office and retail spaces to prospective clients

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Harkácsi István

+36 30 644 7655


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