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Krisztina Palace: Buda’s landmark office building sold to Erste Real Estate Fund

7/31/17

Krisztina Palace the landmark office building of the Buda side has been sold to Erste Real Estate Fund from the current owner Union Investment. The deal was facilitated by CBRE the world’s leading real estate consultant, representing the seller.

European Investment Booms with 25% Year on Year Increase

7/26/17

Total real estate investment in Europe reached €74bn in Q2 2017, representing a 25% increase on the same period last year, according to the report from global real estate advisor, CBRE. Central Europe as a region proves to be more attractive to international investors than last year with Hungary accounting 15% of the overall investment volume.

Hong Kong and London’S WEST END again top prime office occupancy costs

6/30/17

Hong Kong (Central) and London’s West End topped the list of prime office occupancy costs again, according to CBRE Research’s latest annual Global Prime Office Occupancy Costs report. Annual prime office occupancy costs total US$197 per sq. m. in Budapest CBD.

CBRE continues to manage Campona and Pólus Center shopping centres

5/17/17

After acquiring the shopping centres CPI Property Group has again entrusted CBRE to manage its new properties.

Hungary Attracts 19% of Retailers Planning To Expand Their Store Network in Europe

5/10/17

The UK has taken the top spot as the most popular destination for retailers looking to expand their store presence in EMEA in 2017. 65% of retailers cited the UK as their target market for expansion, according to the latest research from global property advisor, CBRE. 19% of retailers, however, target Hungary which is the fifth most admired market along with Spain and the Netherlands.

Offices Along Metro Lines: M3 Line at the Top, M4 Almost Totally Deserted

5/3/17

The Váci út office corridor, the central business district (CBD) and the inner quarters of Pest are the most significant office locations in Budapest. The Budapest office of CBRE, the world’s leading real estate consultant, has synchronized its office market database with the metro lines and stations to highlight the current status of the city’s office market.

New Development on the Ever so Popular South-Buda Office Market

4/28/17

Bischoff & Compagnons has commissioned CBRE exclusively with the leasing of the Alphagon office building.

All time high investment volume is expected this year

4/4/17

In 2017, following its international assessment CBRE has created a survey among real estate investors in Hungary asking them about their market expectations. At the traditional springtime CBRE Investment Breakfast investors turned out to be optimistic about the future. 43% of the respondents stated that the investment market might grow even by one-fifth from last year’s EUR 1.5 billion, and 23% stated that this year they might reach their highest turnover ever.

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