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Another downtown asset sold by JLL

A former music club located at 15 Sas Street in the city centre of Budapest, has been sold. The Hungarian investor was represented by the international property consultant JLL during the acquisition of the previously Italian privately owned property.

JLL represented AEW Europe in the largest commercial real estate investment transaction since the global financial crisis

International real estate services provider JLL represented AEW Europe in the disposal of their Hungarian real estate portfolio. This transaction is the largest portfolio sale in Hungary since the global financial crisis.

Jay S. Hennick Appointed Chairman & Chief Executive Officer of Colliers International Group Inc.

Colliers International Group Inc (Nasdaq:CIGI) (TSX:CIG) announced last week the appointment of Jay S. Hennick as Chairman and Chief Executive Officer and Dylan Taylor as President and Chief Operating Officer. These appointments follow the resignation of current CEO Douglas Frye.

Colliers International Becomes an Independent Public Company

Colliers International Group Inc. (Nasdaq:CIGI) (TSX:CIG) and FirstService Corporation (Nasdaq:FSV) and (TSX:FSV) announced the completion of their separation into two independent, publicly traded companies – Colliers International Group Inc. ("Colliers") and new FirstService Corporation ("FirstService").

JLL Unveils RED, its Corporate Real Estate Data and Insights Platform

Data science arrives in ground-breaking form in corporate real estate with the launch of JLL’s global data and insights platform, RED. As corporate real estate’s first open and scalable data and analytics platform, RED is a revolutionary approach to uncovering insights that can power business performance and reach new levels of productivity in the workplace and workspace.

Colliers and East-West Business Center collaborate in multiple tasks

Colliers International and Peakside Capital join forces on multiple levels, as the real estate consultant company becomes responsible for organizing property and facility management as well as office and retail leasing tasks in East-West Business Center, a landmark building in Budapest city centre, on Astoria.

New professional at Colliers International Hungary’s Office Agency Team

The Hungarian office of Colliers International announced that Ferenc Trexler joined the Office Agency Team as Associate Director, Head of Landlord Representation from March 2015. With over 13 years of experience in the Budapest real estate market, Ferenc has an impressive career and history in the industry.

30% of all office area is expected to be green by the end of 2015

In 2014 green office area continued to grow rapidly, now the stock of green offices is exceeding 23% of the entire stock. Taking into consideration the size of offices currently being under certification, this number will grow to 30% by the end of 2015. – said Norbert Szircsák, Senior Associate at Colliers International’s Green Advisory Services on the occasion of releasing the real estate consultant firm’s yearly green certification report.