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CBRE Hungary Launches Asset Services and Announces its New Head

CBRE Hungary continues to expand and strengthen its operations with the launch of its Asset Services business line. The new department is led by Zsolt Kákosy as Head of Asset Services and focuses on various fields of property management. The team has been built up since January and is now increased to over 30 professionals, managing 150,000 sq m of real estate.

Demand for office space in Europe set to accelerate

In Hungary large occupiers have limited options of immediate availability and they shall consider pre-lease or BTS. Corporate real estate occupiers are expected to return to the market with new office space requirements across Europe as 2014 progresses, according to the latest research from CBRE, the global real estate advisor.

CBRE named to FORTUNE 500 for 7th straight year

CBRE Group Inc. has been named to the FORTUNE 500 list of the largest U.S.-based companies for the seventh straight year. CBRE was the highest-ranked commercial real estate firm in the 2014 rankings and remains the only commercial real estate services firm ever included on this prestigious list.

Spain, Ireland and Europe’s recovering markets continue to improve

Spain, Ireland and Italy all saw year-on-year increases in investment activity in Q1 2014 as investors continue their climb up the risk curve. While London still attracts a significant amount of capital, growth is much more dynamic in destinations with higher risk/yield profile. Eurozone peripheries and Central Europe will all benefit from this influx of new money throughout the year, according to the latest research from global property advisor CBRE.

DOROTTYA UDVAR AMONG THE BEST BUILDINGS IN EUROPE

Dorottya Udvar received a BREEAM "Excellent" classification with the highest score in Central and Eastern Europe in the operating building ("In use") category. The sustainable operation of buildings is in the interest of both the property owner and the tenants because this way the building can be operated effectively, the operating costs remain low, and last but not least the environmental impact is minimized.

Strong start for European commercial real estate investment market in 2014

Improved investor confidence and lending conditions, as well as notably increased activity from opportunistic investors in recovering markets, led to a strong start for the European commercial real estate market in 2014, according to the latest research from global property advisor CBRE. Hungary is expected to attract EUR 250 million already in H1 2014.

Global shopping centre development rises to 39 million square metres

According to the latest research from global property advisor CBRE a total of 39 million square metres of shopping centre space is under construction across the world’s major cities, representing a three million sq m increase from 2013. CBRE expects more significant developments in Budapest.

Bulls return to the European commercial real estate market

The mood at MIPIM 2014 was overwhelmingly positive with 85% of property professionals declaring that they are feeling ‘bullish’ about the European commercial real estate market, according to a recent opinion poll by global property advisor CBRE. CBRE surveyed more than 300 property professionals at MIPIM 2014 - the world's biggest property forum held in Cannes - to discover current sentiment in the European commercial real estate market.