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Office Market News

Six reasons to relocate to Budapest

Although the Hungarian office investment market is currently not doing very well, it has huge potential, according to the latest research by the Round Table of Real Estate Developers prepared by Eltinga and DTZ. Companies relocating here will find highly skilled labour that is among the cheapest in Europe; the lowest cost per work unit; a regional transport hub; and a continuously growing metropolis.

RICS released its first Commercial Property Monitor for Hungary

RICS, the Royal Institution of Chartered Surveyors, has just released its first Commercial Property Monitor for Hungary. RICS conducts the global survey quarterly to provide a relative measure of market sentiment in commercial real estate markets globally. This is the first time RICS has produced an independent country report on commercial market trends.

2013: Outstanding year for Jones Lang LaSalle’s Tenant Representation department

In 2013 the international property advisory firm, Jones Lang LaSalle (JLL) represented its office occupier clients in nearly 50,000 sq m of office space transactions. This is the 6th consecutive year since 2008 in reaching the largest market share of the Tenant Representation market.

Q4 2013 office market analysis by BRF

The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, Jones Lang LaSalle and Robertson Hungary) hereby reports the Q4 2013 office market analysis.

MULTICHANNEL AT HEART OF RETAILER STRATEGIES IN 2014

The majority of retailers will increase store openings and seek to create larger experiential stores to drive footfall in 2014 as a direct result of their multichannel strategies, according to a new study by global property advisor CBRE.

Spain joins Europe’s only independent Office Search Network

After Austria, Croatia, Hungary, Romania and Serbia the international office search portal is now presenting offices in the Spanish market on www.oficinainfo.es.

Three office projects planned near Anděl

Michal Čamek, the owner of the property management company Centra, plans to develop an office project on a parking lot he owns between the Strahov and Mrázovka tunnels near Anděl in Prague 5.

EMKE reborn - Modern office building and green island on Rákóczi út

EMKE - Budapest’s iconic office building, managed by AEW Europe - went through a significant transformation in the last few months: its interiors and technical systems have been completely upgraded to meet the needs of 21st century office occupiers.
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