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Office Market News

100% CBRE victory at the first Europa Property Awards

1/22/18

CBRE Hungary won both awards for the Best Agency and Property Management Company on the Europa Property Awards, held first time in Hungary. This is a 100% result as Commercial Real Estate Advisors could nominate in these two categories.

The Budapest Research Forum hereby reports its Q4 2017 office market summary.

1/18/18

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q4 2017 office market summary.

Colliers has been appointed as Property Manager of Mill Park

1/17/18

Colliers REMS Hungary has been assigned by Skanska for the role of property manager for Mill Park Offices, from 2018.

Erste Ingatlan Alap acquires Market Central Ferihegy

1/15/18

Market Central Ferihegy, one of the largest retail parks in Hungary, and adjacent office complex Quadrum have been acquired by Erste Ingatlan Alap. According to Erste Asset Management, growth of the economy and expansion of the retail market in Hungary may facilitate higher rent, representing favourable outlooks for future returns of real estate funds.

OTP LAB starts R&D activity in Váci 1

12/20/17

Central and Eastern Europe’s regional provider of top financial services – OTP Bank – set up a new, 450 sqm research and development center in the prestigious downtown building of Váci 1. The innovative office features a special education center, project rooms and a lecture hall. OTP LAB (OTP Bank’s retail innovation hub) started its activities on the 4th floor of the UNESCO World Heritage listed building in December 2017.

CPI PROPERTY GROUP receives property investment accolade

12/18/17

CPI PROPERTY GROUP has received the accolade of Investment Deal of the Year, CEE at the Eurobuild Awards.

Shopping Centres to Reinvent Themselves as Simply ‘Centres’ by 2030

12/14/17

Shopping Centres of the future will become just ‘centres’ and will reinvent themselves as mixed-use destinations. Healthcare, educational and leisure facilities will all become a fundamental part of the shopping centre, according to new insights from the Future of Retail 2030, by the world’s leading real estate services firm, CBRE.

Move in to your new office within 24 hours - – myth or truth?

12/5/17

“Sign today and move in tomorrow.” – is the motto of a provider that has been turning Budapest’s instant office market upside down in the last 3-4 years. This is NEW WORK Serviced Offices (NWSO).

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