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Q4 2013 office market analysis by BRF

1/21/14

The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, Jones Lang LaSalle and Robertson Hungary) hereby reports the Q4 2013 office market analysis.

MULTICHANNEL AT HEART OF RETAILER STRATEGIES IN 2014

1/20/14

The majority of retailers will increase store openings and seek to create larger experiential stores to drive footfall in 2014 as a direct result of their multichannel strategies, according to a new study by global property advisor CBRE.

Tenant mix and big brands the key to secondary shopping centre success

11/15/13

A diverse range of shops and the presence of big brand retailers such as Primark, Apple and Zara (in Hungary SPAR and New Yorker) are vital for a secondary shopping centre to be successful, according to a new study by global property advisor CBRE.

Germany is Europe’s next retail ‘hotspot’

11/12/13

The recovering European economy and a rise in net migration into Germany will lead to acceleration in retail sales growth attracting more domestic and international retailers to the country, according to the latest research by global property advisor CBRE. Among the most attractive regions there are 10 British, 5 German and only 1 placed in CEE. In Europe the most attractive location is Istanbul.

EMEA Rents & Yields

10/29/13

Falling yields across all property sectors and a moderate increase in rental values provides further evidence of growing momentum in European commercial property markets. The findings from CBRE’s Q3 2013 survey of prime rents and yields backs up the picture of recovering investment markets across the region, which have benefitted from increased capital targeting the sector and improved investor sentiment.

Mark French wins the CBRE Urban Photographer of the Year competition

10/17/13

British photographer, Mark French has been named as the winner of CBRE’s 2013 Urban Photographer of the Year competition, beating over 12,500 entries from around the globe with his striking Hong Kong image titled ‘Looking good at work’. The annual competition run by CBRE, the world’s largest property advisor, is now in its sixth year and is the largest global photography competition of its kind.

Alkotás Point in CBRE 's office portfolio

10/10/13

This year CBRE is involved in the leasing services of one of the iconic properties of Budapest - decided the owner of Alkotás Point, Heitman. Since September 2013, the iconic office building of Budapest’s southern gate, the Alkotás Point belongs to the offices represented by CBRE. The A-class office complex made up of three wings is managed by the American real estate firm, Heitman since 2012, who refurbished both the common areas and mechanical parts of the buildings with an - in Hungary previously unique - investment of 2.5 million Euros.

CBRE Group named Euromoney’s leading global real estate advisor for the second consecutive year

9/23/13

CBRE Group, Inc. has been named the top global real estate advisory firm for the second consecutive year in the Euromoney Real Estate Awards for 2013. CBRE is the only firm to achieve top honours in back-to-back years, and has now won this prestigious award six times since Euromoney launched its real estate awards program in 2005. In Hungary CBRE Budapest has won all of the four awards.

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