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Veeva Moves to Alkotás Point

10/27/14

Veeva Systems Inc., a leading provider of cloud-based software for the life sciences industry, signed a long-term lease for 1,300 square meters of space in the Alkotás Point office building. With this deal the building’s occupancy has increased to over 90 percent. CBRE represented the landlord during the negotiations, while Eston introduced the tenant into the building.

CBRE Hungary Won Euromoney’s “Best Research” Award Again

10/22/14

CBRE has been named the top global real estate advisory firm in the 2014 Euromoney real estate awards. CBRE is the only firm to achieve top honours in three consecutive years, and has now earned the highest award seven times in the ten years that Euromoney has been running its real estate awards program. The Hungarian office was awarded the Best Research recognition for the third year in a row.

Road Construction Company Moves into Daróczi 30 Office Building

10/10/14

One of the leading road construction groups of Hungary opens its new headquarters in the capital's 11th district with the assistance of CBRE. The nearly 5,000-square meter Daróczi 30 office building is located in central Buda near to the junctions of Karolina út and Villányi út. Its new tenant is opening its Hungarian headquarters in the building, formerly occupied by Austrian construction company, Strabag.

Money Flowing to Property Doubles in Hungary

9/25/14

Appetite for commercial real estate has been on the rise worldwide due to the low achievable yields in other investment assets. In line with the improving economic fundamentals, there is also strengthening investment sentiment towards Hungary. The property Investment volume shows considerable growth on last year’s level.

Management Changes at CBRE Hungary

9/4/14

CBRE today announced the appointment of Lóránt Kibédi Varga as Managing Director of CBRE Hungary. He returns to CBRE having previously headed up its Hungarian business between 2003 and 2005.

Hungarian commercial real estate investments up by 35% y-o-y

7/23/14

European commercial real estate investment activity totalled €44 billion in Q2 2014, reflecting a 28% rise year-on-year, and an increase of 10% on Q1 2014. Strong first half year results pushed commercial real estate investment volumes in Central & Eastern Europe (CEE) (excluding Russia) to €2.5bn, an increase of 15% on the same period for 2013, according to the latest research from global property advisor, CBRE.

New appointment at CBRE to build and strengthen relationships with Korean occupiers in CEE

7/8/14

CBRE announced that William Shim has joined the firm in an effort to build and strengthen relationships with Korean Occupiers in the Central Eastern Europe region. William joins the firm as a Senior Consultant – APAC/Central and Eastern Europe and will be an integral part of the teams in the region, reporting to Joerg Kreindl, heading up Industrial in CEE for CBRE.

CBRE Hungary Launches Asset Services and Announces its New Head

7/4/14

CBRE Hungary continues to expand and strengthen its operations with the launch of its Asset Services business line. The new department is led by Zsolt Kákosy as Head of Asset Services and focuses on various fields of property management. The team has been built up since January and is now increased to over 30 professionals, managing 150,000 sq m of real estate.

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