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Hungary Attracts 19% of Retailers Planning To Expand Their Store Network in Europe

5/10/17

The UK has taken the top spot as the most popular destination for retailers looking to expand their store presence in EMEA in 2017. 65% of retailers cited the UK as their target market for expansion, according to the latest research from global property advisor, CBRE. 19% of retailers, however, target Hungary which is the fifth most admired market along with Spain and the Netherlands.

Leading Healthcare Company Expands in Park Atrium

5/8/17

The Hungarian affiliate of one of the leading healthcare companies of the world created its new office spaces with the help of DVM group in Park Atrium office building. The company has already been present in several blocks and levels of the building, with its new leases occupying nearly 730 square meters on the 1st floor of B2 and up to 360 square meters on the ground floor of B4. The international company entrusted DVM group with design and construction tasks, while project management was provided by the global real estate services firm Cushman & Wakefield.

Offices Along Metro Lines: M3 Line at the Top, M4 Almost Totally Deserted

5/3/17

The Váci út office corridor, the central business district (CBD) and the inner quarters of Pest are the most significant office locations in Budapest. The Budapest office of CBRE, the world’s leading real estate consultant, has synchronized its office market database with the metro lines and stations to highlight the current status of the city’s office market.

New Development on the Ever so Popular South-Buda Office Market

4/28/17

Bischoff & Compagnons has commissioned CBRE exclusively with the leasing of the Alphagon office building.

Investment in CEE Real Estate in 2017 is likely to surpass a record breaking 2016 year

4/12/17

2016’s record-breaking EUR12.2bn investment in the real estate sector in the CEE region is likely to be surpassed in 2017 – this is according to CEE Real Estate Investment Compass 2017 published by Colliers International, a global leader in commercial real estate services, and international law firm CMS. The sources of investment flows into the CEE region are also expected to remain diverse in 2017, with Asian and CEE investors becoming increasingly active in the real estate market.

All time high investment volume is expected this year

4/4/17

In 2017, following its international assessment CBRE has created a survey among real estate investors in Hungary asking them about their market expectations. At the traditional springtime CBRE Investment Breakfast investors turned out to be optimistic about the future. 43% of the respondents stated that the investment market might grow even by one-fifth from last year’s EUR 1.5 billion, and 23% stated that this year they might reach their highest turnover ever.

Buy-Way Dunakeszi welcomes new tenants

4/4/17

Cushman & Wakefield acting on behalf of the owner, CPI Property Group has successfully leased close to 3,500 sq m retail space in Buy-Way retail park in Dunakeszi, Hungary.

Rising Construction Costs and Lack of Skilled Labour Force Make Recovery Difficult

3/30/17

The current forecast for total construction volumes shows increases of 8% and 12% for 2017 and 2018, respectively. The barriers for the realization of the developments are the rise of construction costs and the lack of skilled labour force. CBRE expects that these issues raise risks of delivery delays and decrease of developers’ profit margins.

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