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

7/10/17

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.

Michael Smithing returns to the Hungarian office market

7/5/17

Colliers International Hungary is pleased to announce that Michael Smithing has returned to the Office Agency Team as Director of Landlord Representation, effective immediately.

New, Class A office building to be built in Debrecen

5/18/17

The construction of a new Class A office building was announced in Debrecen. The 22,000 sq m office building will be constructed using the latest technical and eco-friendly solutions, and it will be the largest office building in Eastern Hungary. The building, set to be completed in the 3rd quarter of 2018, is designed by Bord Architect Studio; office leasing, green certification and project consultation will be provided by the Hungarian office of Colliers International.

Investment in CEE Real Estate in 2017 is likely to surpass a record breaking 2016 year

4/12/17

2016’s record-breaking EUR12.2bn investment in the real estate sector in the CEE region is likely to be surpassed in 2017 – this is according to CEE Real Estate Investment Compass 2017 published by Colliers International, a global leader in commercial real estate services, and international law firm CMS. The sources of investment flows into the CEE region are also expected to remain diverse in 2017, with Asian and CEE investors becoming increasingly active in the real estate market.

Blue Cube welcomes pharmaceutical system house, Novodata

3/9/17

Blue Cube offices on the Váci út corridor welcomes Novodata, a pharmaceutical software developer company, leasing over 950 sqm office space. Colliers International represented the landlord S IMMO, while Tower Ingatlan represented Novodata / LX Line within the transaction.

Luke Dawson appointed Managing Director & Head of Capital Markets for Central & Eastern Europe

2/28/17

Colliers International today announced that Luke Dawson has returned to Colliers International, effective immediately, in the role of Managing Director & Head of Capital Markets for Central & Eastern Europe (CEE).

New professionals joining the Investment Team at Colliers Hungary

2/22/17

Colliers International Hungary is pleased to announce, that Péter Török - as Senior Associate - and Orsolya Horváth - as Associate - joined the Investment Team of Colliers from January 2017.

A remarkable year of the Hungarian commercial property market

1/30/17

The sound global and domestic investment climate generated a major push in investment activity in Hungary reaching the second highest ever registered annual volume of EUR 1.7 bn in 2016, i.e. 133% up from the previous year. The most popular type of assets were offices with share of 56%, followed by retail at 25% and industrial deals accounted for 11% of the overall volume.

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