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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.

JLL named a Top Attractor Company by LinkedIn

6/24/16

The 433+ million members of LinkedIn have voted with their actions and selected JLL (NYSE:JLL) as one of the top companies in the world at attracting and keeping top talent. The Top Attractors list is the first ranking of its kind based entirely on user activity such as job applications, career website engagement and employee retention. Ranked in 29th position globally, JLL is the only real estate company on the list.

Lettable offices directly at Budapest Airport

5/5/16

JLL has been exclusively appointed to represent the landlord in the letting of the office spaces in several properties at Budapest Airport. Altogether 8,300 sq m office space is available in various buildings and locations between Terminal 1 and Terminal 2.

Christian Ulbrich Appointed JLL President

3/1/16

Jones Lang LaSalle Incorporated (NYSE: JLL) announced that it is separating the roles of President and Chief Executive Officer and that Christian Ulbrich, currently CEO for the EMEA region, will become President of JLL. Colin Dyer will retain the role of CEO and continue to guide the firm’s global strategy, with a particular emphasis on IT and data strategies, and oversee LaSalle Investment Management as well as the firm’s finance, human resources, legal and marketing functions. Additionally, Guy Grainger, currently UK Chief Executive, will succeed Ulbrich as EMEA CEO, and Chris Ireland will become UK Chief Executive. All changes are effective June 1, 2016.

Record year for JLL’s Tenant Representation department

1/28/16

In 2015 JLL’s market leader Tenant Representation department closed a record year as it took part in more than 50,000 sq m office space lettings reaching a 33% market share in the consulting market.

790 million Euro transacted on the Hungarian commercial real estate market in 2015

1/26/16

The Hungarian commercial real estate market reached the highest volume since the peak of the market in 2007 with ca. €790 million transacted in 2015. Almost 60% of the annual volume was generated by portfolio transactions, which clearly reflects the increasing interest of investors for large platforms in an attempt to gain significant exposure to the market.

JLL advise TPG on the acquisition of TriGranit, one of the leading developer in CEE

12/10/15

TPG Real Estate, the real estate arm of global private investment firm TPG has closed its acquisition of TriGranit, one of the main fully integrated, real estate platforms in Central Europe. As part of the transaction, TPG acquired the platform along with a portfolio of office and retail assets located in Poland (Bonarka Shopping Centre, B4B), Hungary (Millennium City Centre Offices) and Slovakia (Lakeside Park office building, Metropolis – 47,5 ha land near Bratislava) with additional development sites in the same countries and Croatia.

Another downtown asset sold by JLL

8/11/15

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.

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