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The Budapest Research Forum hereby reports the Q3 2016 office market analysis.

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises of CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) hereby reports the Q3 2016 office market analysis.

Park Atrium - the iconic headquarters building in Budapest is sold

Park Atrium - the iconic headquarters building leased to Deloitte, ING and Roche - was sold last week in what represents one of the most significant recent transactions for the Budapest office investment market.

New Creative Loft Offices attract TransferWise as first tenant

A creative work process demands for a creative office solution, which is exactly what the complete, newly refurbished Buda Loft Offices could offer to TransferWise. The building opened its doors officially in July, and offers 5 floors with an approximate total of 2,500 m2 for lease. Colliers International Hungary has been appointed as exclusive leasing agents.

New Loft Offices opened in Óbuda

With the last works completed in July, the new office building ”Buda Loft Offices” is ready to welcome its new tenants. The offices with its industrial feeling are especially very suitable for advertising, media and creative IT companies. Colliers International has been appointed as the exclusive letting agent on the building

Looking for good yields in Europe? Go East to Romania and Hungary.

Prime office yields in Berlin are currently very low at 3.85% , although products in major German cities such as Frankfurt are still providing higher returns than those located in London or Paris. At the same time Romania and Hungary are seeing new capital flowing into their respective commercial real estate markets. This is a consequence of a significant yield spread between Western and Eastern Europe, where prime office yields, for example in Bucharest, are currently at 7.5%.

The latest economic facts about CEE reveal the region’s mission: to outperform

Jaguar Land Rover invests $1.6bn in Slovakia, the world's first Hyperloop railway will connect Bratislava and Vienna in 20 minutes, Poland and the Czech Republic sign strategic deals with China, Germany's most important trading partner is the V4 group, and nine Romanian cities are among the top 15 cities with the highest Internet download speed in the world. If these facts surprise you then it is high time to catch up with the latest facts and explore the economic and investment potential of the region in the latest CEE Investment Report 2016: Mission to Outperform, compiled by Skanska, JLL, Dentons, in cooperation with ABSL.

The BRF second quarter 2016 office market data

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises of CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) hereby reports the Q2 2016 office market analysis.

Pódium Office building fulfilling generation Y/Z needs

Only 6 months after welcoming its first tenants Pódium Office building is now close to an occupancy rate of 60%. Following a complete renovation in 2015 the building located in the downtown theatre district of Budapest has quickly become very popular for companies with a creative and technical background.