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CBRE appointed as exclusive leasing agent for Millennium Gardens

1/16/17

TriGranit’s latest development, the Millennium Gardens office building is being constructed alongside the Palace of Arts and the National Theatre, on the Danube side of Soroksári road. TriGranit appointed the Hungarian office of CBRE, the world’s leading real estate advisor with the exclusive leasing of the 37,000 sqm office space expected to be completed by 2019.

Budapest Is Among Europe’s Next Major Tech Hubs

12/19/16

CBRE has published its inaugural Understanding European Technology Clusters report, highlighting the vibrancy and rapid growth of Europe’s tech sector. The report analyses the characteristics of tech clusters and explores future opportunities among high-performing, and emerging, tech cities across Europe.

WHAT DO MILLENNIALS REALLY WANT?

11/21/16

Millennials are at the forefront of using technology and it is reshaping the way they shop. However, contrary to expectations, 70% of Millennials prefer to shop in a store instead of online and this is unlikely to dramatically change in the future, according to new research from CBRE, the global property advisor.

CBRE has been the partner of E.ON during its moving to the new office building

11/14/16

In October 2016, 600 employees of E.ON Hungária Zrt. successfully finished moving into the V17 office building, Váci út. Furthermore, this has been the largest tenant move in the Budapest office market this year so far.

Significant transactions, new experts at CBRE Hungary

10/28/16

CBRE continued its dynamic expansion in 2016, the significant transactions need more and more experts in the Budapest office of the world's largest real estate consultancy firm. The project management team has expanded to five members, and the work of the retail real estate unit is supported by a new senior professional. The team responsible for capital market operations is also completing significant orders, so this area has also increased the number of staff in 2016. The industrial property experts, in turn, have set a record with the market share of CBRE.

The Hungarian real estate market is getting greener

10/21/16

Today one quarter of modern office buildings in Budapest have a sustainability evaluation certification, and even among the older office buildings a growing number apply new technologies. Almost all new real estate entrants offer architectural and environmental management solutions to their future tenants. Held by the world's largest real estate advisor, CBRE’s Green Week campaign, organized each year, aims to raise the awareness of the global real estate industry about social responsibility towards the environment by reaching its more than 70 thousand employees as well as its customers.

The Budapest Research Forum hereby reports the Q3 2016 office market analysis.

10/18/16

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.

Retailer demand shifts toward Budapest high-streets; shopping centre turnover continues to rise

10/10/16

Hungarian retail sales and turnover continue to show healthy growth, buoyed by the abolition of the Sunday closing law after barely one year in effect. Retailer demand is unbroken but remains pressed by the lack of available supply resulting in upward pressure on rents. Fashion retailers remained the most active in H1 2016, followed by the footwear and F&B segments which both expanded significantly, according to the latest Retail Market View published by CBRE.

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