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Related news

New success of ESTON’S tenant representation team – Hortonworks has Recently extended their office lease in Central Udvar office building in Budapest

The American owned HortonWorks has recently extended their office lease in the CBD in Central Udvar. The tenant representation team of ESTON International supported the California based data software developer company from Santa Clara.

Global investment volume rises driven by robust us market

According to the latest data of CBRE the leading property advisor the global investment volume increased 3.6% year-to-date (YTD), compared to the same period last year, with Q3 up by 1.2% (in fixed exchange rates).

Qualifying with RICS ensures the highest standards in the Real Estate Industry

RICS is considered the world’s preeminent qualification and standard-setting body for land, property and construction, with more than 125 000 members practicing in more than 146 countries over the world

Tenant representation by JLL got the first position again

According to the registered leasing activity during the third quarter, between January and September of 2018 JLL's tenant representation services have finished first place in the real estate advisors' ranking with a total of 36,143 sq m leased office space in Budapest.

JLL advises on the disposal of ‘K6’ - Skyscanner’s office building in Budapest

JLL has advised the Seller on the disposal of the K6 office building located in Budapest.

Trends in global real estate investment

Short and long-term European rates are expected to be benign for the foreseeable future limiting any negative impact on property markets, despite news of the recent bond sell-off in the US which could signify an end to the very low interest rate environment that has dominated the current property cycle

Hungarian Real Estate Investments Continue in a Steady Manner

With investor appetite for newly-built offices remaining competitive there is also a continuous demand coming from investors seeking older, yet sustainably rentable offices with high occupancy – these refurbished offices remain attractive for the active funds in Budapest

Further rental growth on the Office Market is expected

A strong increase in new supply is expected in the upcoming two years, however, most submarkets will still face rental growth in 2018. Sustained rental growth for Class A properties across all submarkets - except the Periphery - is forecasted.