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Cushman & Wakefield secure Media Markt at BC140 Office Building, Budapest

Cushman & Wakefield, exclusively representing the Landlord, a German fund, has successfully closed a long-term lease agreement with Media Markt extending to 2,888 sq m of office space and 50 parking spaces, at BC140 office building in Budapest, equating to an increase in the occupancy rate by 16% at the building.

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.

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.

Luxury brands checked in to MOM Park, Budapest

Cushman & Wakefield, exclusively representing the Landlord, has successfully coordinated the entrance of three high end fashion retailers: Max&Co., Coccinelle and NUBU to MOM Park Shopping Centre.

5 Office Transactions at MOM Park Towers, Budapest

Cushman & Wakefield, exclusively representing the Landlord, who own the Grade A MOM Park Office Towers complex in Budapest, have successfully closed 5 deals extending to circa 2,000 sq m of office space. The transactions include 3 new tenants entering the scheme and the successful retention of 2 key tenants. The vacancy rate has decreased to 7.50%.

The Budapest Research Forum hereby reports the Q3 2015 office market analysis

The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) hereby reports the Q3 2015 office market analysis. Two schemes were delivered to the market in the third quarter of 2015 adding a total of 27,800 sq m to the modern office stock. This includes the refurbishment of Erzsébet Irodaház A and the delivery of owner-occupied Bosch HQ second phase.

Cushman & Wakefield and DTZ Global Merger Closes

The new Cushman & Wakefield has announced today the successful completion of the global merger between Cushman & Wakefield and DTZ. The firm has also announced its leadership team for Europe, the Middle East and Africa (EMEA) and unveiled a new visual identity and logo.

CENTRAL EUROPEAN OFFICE FORECAST 2015-2017

According to global property adviser Cushman & Wakefield, the outlook is generally positive in the Central European office markets of Czech Republic, Hungary, Romania, Poland and Slovakia. Three out of the five markets are anticipating rental growth over the next three years (Bratislava, Budapest and Prague).