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Office Market News

Renewed office buildings attract tenants in Budapest

The recently renewed office buildings in the Budapest office market are being recognized by the market soon. New tenants are targeting the landmark buildings of Budapest downtown for high quality office spaces and due to their expanding business. This time the owner of East-West Business Center that is the first modern office building of Budapest, has decided to start refurbishment of their landmark property.

Futureal Group and Erste Bank sign EUR 10 million credit agreement

Futureal Group has successfully refinanced its Corvin Corner office building by signing a credit agreement with Erste Bank Hungary for EUR 10.2 million

Euromoney names CBRE Group the bestglobal real Estate advisor for the fifth consecutive year

CBRE Group, Inc. (NYSE:CBG) has been named the best global real estate advisory firm at annual Euromoney Real Estate Awards for the fifth consecutive year. Globally, CBRE was also ranked highest overall in the Sales/Leasing, Valuation and Research categories.

Park Atrium - the iconic headquarters building in Budapest is sold

Park Atrium - the iconic headquarters building leased to Deloitte, ING and Roche - was sold last week in what represents one of the most significant recent transactions for the Budapest office investment market.

Remon Vos, CTP, awarded on this year’s CIJ Europe Hall of Fame Awards

CTP celebrates success again in this year’s Best of the Best CIJ Awards Europe. The CEO of CTP Remon Vos was awarded in category the Best Leadership of the Year. CTP was also nominated in categories Best of the Best Lease of the Year with CTPark Bucharest West and Best of the Best Investment Transaction of the Year with Romanian CTPark Prologis Bucharest A1. The awards were presented at CEDEM Investment Summit 2016.

Remon Vos, CTP, awarded on this year’s CIJ Europe Hall of Fame Awards

CTP celebrates success again in this year’s Best of the Best CIJ Awards Europe. The CEO of CTP Remon Vos was awarded in category the Best Leadership of the Year. CTP was also nominated in categories Best of the Best Lease of the Year with CTPark Bucharest West and Best of the Best Investment Transaction of the Year with Romanian CTPark Prologis Bucharest A1. The awards were presented at CEDEM Investment Summit 2016.

Remon Vos, CTP, awarded on this year’s CIJ Europe Hall of Fame Awards

CTP celebrates success again in this year’s Best of the Best CIJ Awards Europe. The CEO of CTP Remon Vos was awarded in category the Best Leadership of the Year. CTP was also nominated in categories Best of the Best Lease of the Year with CTPark Bucharest West and Best of the Best Investment Transaction of the Year with Romanian CTPark Prologis Bucharest A1. The awards were presented at CEDEM Investment Summit 2016.

New Creative Loft Offices attract TransferWise as first tenant

A creative work process demands for a creative office solution, which is exactly what the complete, newly refurbished Buda Loft Offices could offer to TransferWise. The building opened its doors officially in July, and offers 5 floors with an approximate total of 2,500 m2 for lease. Colliers International Hungary has been appointed as exclusive leasing agents.