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Iconic office building becomes available for lease

5/16/18

After being fully let for over 10 years, Budapest’s first office building is on the market again. With its exceptional location in the middle of Váci utca, the premier pedestrian area of Downtown Budapest, the Zászlós Office Building is a real gem and one-of-a-kind opportunity on the office market. Colliers Office Team has been exclusively appointed to lease the building which will be available for occupancy from the first quarter of 2019.

Ford is the newest tenant of Váci Greens Building D

5/2/18

Worldwide one of the largest automotive company, Ford has chosen Váci Green Building D for its European Business Service Centre business unit. The transaction was supported by CBRE as the representative of Ford Motor Company and Cushman & Wakefield as the representative of the developer Atenor.

TriGranit gathered third FIABCI Award

5/2/18

After winning already two FIABCI Awards in the past, TriGranit gathered its third FIABCI recognition with its Polish Bonarka Project.

Spanish developer sells houses on Amazon

5/2/18

Managing Partner at ONLINE REAL ASSETS - Digital Real Estate Company This is a first for the global commerce giant: Online real estate sales at Amazon.es. The Spanish developer Altamira has put up for sale about a hundred houses and apartments in Madrid, Barcelona and on the Mediterranean coast. The site allows the direct connection with a seller, but not yet the online purchase of the house. The proponent states that the first sales have already been made. Altamira AM is a real estate company, a subsidiary of the US investment fund Apollo. Its wealth in Spain is over 50 billion euros. This initiative is clearly the first step in a plan to rapidly increase the proponent's online real estate sales. Amazon.es is more shy about other real estate ads, as they are only present through links to the Trovit and Holapisos ad sites. We know that Amazon, like other Gafa, is very interested in real estate: tests were conducted in the United States in 2017. This Spanish initiative is probably in a much more ambitious vision for real estate.

IMMOFINANZ opens two further retail parks – STOP SHOP portfolio now totals 72 locations

4/26/18

IMMOFINANZ has opened two further retail parks in its STOP SHOP brand. The STOP SHOP portfolio has now grown to 72 locations with roughly 500,000 sqm of rentable space in eight countries. The new properties are located in the Serbian cities of Požarevac (7,200 sqm) and Vršac (8,250 sqm). Both locations are 100% rented. The tenants include, among others, LC Waikiki, Reserved, Sinsay, CCC, Deichmann and DM.

CBRE has been appointed to manage commercial properties totalling over 200,000 SQ M

4/26/18

Early in 2018 CBRE wins the management of further 10 properties (industrial and shopping centres and an office building) in Budapest. The Budapest office of the world’s leading real estate advisor now manages 600,000 sqm of portfolio in Hungary.

CEE Office report: Is your workplace Millennial-ready?

4/25/18

Colliers International and international law firm CMS has recently released their second annual report, ‘CEE Office Real Estate Compass: Is your workplace Millennial-ready ’. The study looks at the changing nature of the workplace in CEE2 and includes a survey of 72 CEE-based professionals drawn from the spectrum of geography and seniority.

Foundation stone laying of Aréna Business Campus, Atenor’s latest megaproject, has been held

4/18/18

The Belgian Atenor, developer of Váci Greens, one of the largest office projects in the capital, is starting its latest grandiose project, Aréna Business Campus which is located on Hungária Boulevard in District VIII in Budapest.

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