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European shopping centre development grows 50% in 2013

8/6/13

An unprecedented 11.9 million square metres (sq m) of shopping centre space is currently under construction in Europe, representing a 50% increase year-on-year (7.2 million sq m in 2012), according to the latest research from global property advisor CBRE.

STRONG GROWTH IN EUROPEAN PROPERTY INVESTMENT ACTIVITY

7/26/13

The European commercial real estate investment market saw the third successive quarter of strong activity in Q2 2013 with total transactions of €31.1 billion - an increase of 13% on the same quarter last year, according to the latest data from CBRE.

Tim O'Sullivan promoted to Head of Capital Markets Southeastern Europe

7/25/13

Tim O'Sullivan has been appointed as Head of Capital Markets South and Eastern Europe, responsible for Hungary. Tim has been with CBRE for more than 4 years and recently held the Head of Capital Markets position in Hungary. He has been involved in several outstanding transactions, amongst others the sale of Info Park E to Bluehouse at the end of last year.

Honk Kong in a retail rent league of its own

6/7/13

Hong Kong continues to rank as the world’s most expensive global retail market, recording prime rents nearly 150 percent higher than New York and more than 400 percent higher than London and Paris, according to new research from global property advisor CBRE Group.

CBRE appoints head of sustainability, EMEA

6/7/13

CBRE, the global property advisor, has appointed Rebecca Pearce as Head of Sustainability, EMEA. In this newly created role, Rebecca will work across CBRE’s extensive cross-border business, driving sustainable property and portfolio management initiatives on behalf of clients and responding to changing legislation and market trends. She will also oversee the company’s regional corporate responsibility policy and commitments to environmental sustainability.

Gebrüder Weiss is expanding in Győr

6/7/13

Gebrüder Weiss signed a lease for 1,334 square meters of warehouse space and a corresponding 116 square meters of office space in the VGP Industrial Park of Győr. One of the leading logistics companies in Hungary, Gebrüder Weiss found a suitable property in Győr with the help of CBRE. Gebrüder Weiss is leasing 1,334 square meters of warehouse and 116 square meters of office space from a VGP-owned complex since May 2013.

Appointments at CBRE

4/12/13

Seven staff members were promoted to Director and Associate Director positions at the Budapest office of the world's leading real estate consultant.

CEE property investment surges during Q1 2013

4/12/13

Total commercial real estate investment volume in Central & Eastern Europe (CEE) reached €2.6 billion in the first quarter of 2013 (Q1 2013), three times the level achieved during Q1 2012 and the highest first quarter result since 2008, according to the latest research from global property advisor CBRE.

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