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Office Market News

officerentinfo.com (www.irodakereso.info in Hungary) appoints head of Marketing & Communication

Officerentinfo.com, the leading European office and industrial search network, has added a new member to its international department. The newly appointed Head of Marketing & Communication, Adrienn Konkoly will be responsible for marketing activities, corporate communications with international media, social media tools as well as internal communications.

CBRE Awarded CEE Retail Agency of the Year

CBRE, the leading commercial real estate advisor, has been awarded “CEE Retail Agency of the Year” at the 7th Europaproperty Central & Eastern Europe Retail Real Estate Awards Gala, in Warsaw on Feb 12th, 2015. The EuropaProperty awards are decided by a jury comprising over 45 retail experts across the whole of Europe, including prominent developers, investors and retailers.

Eiffel Palace: the real estate success story of the year

The elegant and sustainable prestige office building in CBD Budapest proved to be the best in two categories at the Office of the Year 2014 Competition. Horizon Development managing partners Attila Kovács and Balázs Czár were called on stage multiple times last week at the 5th Office of the Year Awards Ceremony.

CBRE Hungary Appoints Krisztina Leiszter as New Senior Valuer

CBRE announced a new appointment to strengthen its Valuation Team in Hungary. Krisztina Leiszter joins the firm as Senior Valuer from February 2015. She brings more than a decade of professional experience to the Budapest team of the world's leading property adviser.

CEE COMMERCIAL REAL ESTATE INVESTMENT UP 28% YEAR-ON-YEAR

Commercial real estate investment in Central & Eastern Europe (excluding Russia) rose 28% year-on-year and reached just over €7.7 billion in 2014 according to the latest research from CBRE. Poland retained its leading position, with investment volume close to €3.1 billion for the 12 months to 31 December 2014, a similar level to that of the last four years. An additional €2.3 billion was traded in Russia, compared to €5.3 billion in 2013.

Uantitative easing to further boost real estate markets

Cushman & Wakefield’s EMEA Capital Markets team have today released their assessment of the ECB’s announcement with respect to quantitative easing in the eurozone.

TPG & PAG Consortium Completes Acquisition of Cassidy Turley

CHICAGO, Jan. 5, 2015 – DTZ, a global leader in commercial real estate services, today announced that Cassidy Turley and DTZ are now operating as a single global firm following the completion of the acquisition of Cassidy Turley by the private equity investment consortium backed by TPG Capital, PAG Asia Capital and Ontario Teachers’ Pension Plan. The consortium acquired DTZ in November 2014.

New tenant on Váci corridor

BC140 welcomes a new tenant, Főber Zrt. The company signed a lease agreement for almost 1 400 sq m office space situated on the popular Váci street office corridor. The owner was represented by DTZ.