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Office Market News

DTZ Hungary welcomes new colleague

DTZ is delighted to announce that Nóra Fodor joined DTZ’s Office Agency Team this May. In addition to being a widely respected player on the office market and bringing with her extensive experience, she has also extensive knowledge of inward investment, having previously worked for both the Hungarian Investment Promotion Agency (formerly HITA and ITDH). In recent years, Nóra worked at Wing.

CBRE CELEBRATES HAT TRICK IN CEE

CBRE has been recognised at the Central & Eastern European Real Estate Quality Awards (CEEQA) as Office Agent, Investment Agent and Property Management Company of the Year.

Budapest Research Forum reports the Q1 2015 office market

The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, JLL and Robertson Hungary) hereby reports the Q1 2015 office market analysis.

Statement of CPI Property Group

Based on mutual consent Adrienn Lovro is leaving her position as the Hungarian Country Manager of CPI Property Group. For now her responsibilities are taken over by the Hungarian Management of CPI Property Group as of April 2nd.

Skanska laid the cornerstone for its new project, Nordic Light Offices in Budapest

The cornerstone ceremony for Nordic Light, Skanska Property Hungary’s 7th office building in Budapest, was held on April 2nd. Located conveniently on inner Váci Road, Nordic Light is to become one of the most prestigious new office buildings in the capital of Hungary. CBRE was appointed as the exclusive letting agent of Nordic Light office building.

CBRE ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE THE GLOBAL WORKPLACE SOLUTIONS BUSINESS OF JOHNSON CONTROLS, INC.

CBRE Group, Inc. (NYSE:CBG) today announced that it has entered into a definitive agreement to acquire the Global WorkPlace Solutions (GWS) business of Johnson Controls, Inc. (NYSE:JCI). GWS is a market-leading provider of Integrated Facilities Management solutions for major occupiers of commercial real estate and has significant operations around the world.

The Real Estate Market is on a Roll: Erste Open-ended Real Estate Investment Fund Buys Futureal’s Office Building on Váci út Office Corridor

Budapest, March 26th, 2015 - After KPMG, Teva Hungary Zrt., Provident Financial Zrt., and Costa Coffee have all chosen the iconic Vision Towers office building. Having in a first stage purchased the Northern Tower of the building complex developed by Futureal on 23 500 square meters, Erste Real Estate Fund went on to buy the Southern Tower as well.

New professional at Colliers International Hungary’s Office Agency Team

The Hungarian office of Colliers International announced that Ferenc Trexler joined the Office Agency Team as Associate Director, Head of Landlord Representation from March 2015. With over 13 years of experience in the Budapest real estate market, Ferenc has an impressive career and history in the industry.