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Iconic office building becomes available for lease

After being fully let for over 10 years, Budapest’s first office building is on the market again. With its exceptional location in the middle of Váci utca, the premier pedestrian area of Downtown Budapest, the Zászlós Office Building is a real gem and one-of-a-kind opportunity on the office market. Colliers Office Team has been exclusively appointed to lease the building which will be available for occupancy from the first quarter of 2019.

CEE Office report: Is your workplace Millennial-ready?

Colliers International and international law firm CMS has recently released their second annual report, ‘CEE Office Real Estate Compass: Is your workplace Millennial-ready ’. The study looks at the changing nature of the workplace in CEE2 and includes a survey of 72 CEE-based professionals drawn from the spectrum of geography and seniority.

S IMMO Hungary assigned JLL and Robertson Hungary as co-exclusive leasing agents of River Estates office building

S IMMO Hungary, owner of River Estates office building located at the junction of Váci road and Dózsa György road, co-exclusively assigned JLL and Robertson Hungary real estate agencies to lease 9,200 square meters of quality office space.

Green certification – Not just for offices anymore

Although offices still comprise the majority of certified green buildings in Hungary, other types of properties are increasingly being certified, according to Colliers International’s latest Green building market report.

S IMMO AG: Change in Hungarian Management

As of 01 March, Géza Barabás will lead the S IMMO subsidiary in Budapest and hence be responsible for the Hungarian Portfolio Management.

Colliers has been appointed as Property Manager of Mill Park

Colliers REMS Hungary has been assigned by Skanska for the role of property manager for Mill Park Offices, from 2018.

Colliers appoints new Head of Property Management in Hungary

Ágnes Szentpály has been appointed new Head of Property Management for Colliers in Hungary, per November 2 of this year.

TREI Real Estate successfully exits from its Hungarian investments selling 40 Spar supermarkets to Erste Asset Management

The completion of the largest Hungarian retail portfolio transaction in 2017 happened on the last day of the first half year. TREI Real Estate, the property estate arm of the German Tengelmann Group, successfully sold a portfolio of 40 Spar leased supermarkets to Erste Asset Management.