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Office Market News

The Budapest Research Forum hereby reports its Q4 2016 office market summary.

1/18/17

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) hereby reports its Q4 2016 office market summary.

Over 53,000 employed in CTP developments last year

1/16/17

According to the latest numbers, more than 53,000 people currently work in CTP’s industrial areas and office parks in the CEE region. In response to the increasing number of employees, the leading industrial real estate developer is focusing on improving both services and facilities in its CTPark developments.

CBRE appointed as exclusive leasing agent for Millennium Gardens

1/16/17

TriGranit’s latest development, the Millennium Gardens office building is being constructed alongside the Palace of Arts and the National Theatre, on the Danube side of Soroksári road. TriGranit appointed the Hungarian office of CBRE, the world’s leading real estate advisor with the exclusive leasing of the 37,000 sqm office space expected to be completed by 2019.

New professionals joining the Investment Team at Colliers Hungary

1/10/17

Colliers International Hungary is pleased to announce, that Péter Török - as Senior Associate - and Orsolya Horváth - as Associate - joined the Investment Team of Colliers from January 2017.

Does Good Atmosphere at Work Really Improve Performance?

1/5/17

American researchers have analyzed the effects of a good atmosphere in the workplace. They pointed out that a positive work environment reinforces the performance of employees, because informal exchanges between colleagues make it possible to acquire new knowledge.

New properties under CBRE Management

1/5/17

The Budapest office of CBRE, the world’s leading real estate advisor has won the management and leasing of the real estate portfolio of the British M7 Real Estate entering the Hungarian market.

More than €1.7 billion transacted on the Hungarian commercial real estate market in 2016 with JLL involved in almost 50% of the volumes

1/2/17

During Q4 2016 the total commercial real estate investment transaction volume reached some €270 million in Hungary, pushing the 2016 volume to above €1.7 billion, the highest annual figure since 2007– according to JLL Hungary’s latest preliminary statistics.

Skanska sells Nordic Light to Erste Funds

12/21/16

Skanska has sold Nordic Light, an office complex in Budapest, Hungary. The property has been acquired by Erste Alapkezelő Zrt, a subsidiary of Erste Asset Management GmbH. Nordic Light is the seventh office project developed by Skanska in Budapest during the 29 years the company has operated in Hungary.

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