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Hungarian investment turnover almost tripled in Q1 2015

Global real estate investors remain confident and their intentions are expansionary, with more than half planning to increase their acquisitions in 2015, according to CBRE’s Global Investor Intentions Survey 2015. Globally, 53 percent of investors plan to increase their purchases this year. Investor appetite for cross-regional acquisitions has increased significantly with 38 percent of respondents intending to invest outside their own region this year–up from 28 percent in 2014.

Cushman & Wakefield to Merge with DTZ

CHICAGO and NEW YORK, May 11, 2015 – Cushman & Wakefield and DTZ have reached a definitive agreement to merge and are set to become one of the largest global real estate services companies. The new company, which will operate under the Cushman & Wakefield brand, will have revenues over $5.5 billion, over 43,000 employees and will manage more than 4 billion square feet globally on behalf of institutional, corporate and private clients.

CBRE CELEBRATES HAT TRICK IN CEE

CBRE has been recognised at the Central & Eastern European Real Estate Quality Awards (CEEQA) as Office Agent, Investment Agent and Property Management Company of the Year.

CBRE ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE THE GLOBAL WORKPLACE SOLUTIONS BUSINESS OF JOHNSON CONTROLS, INC.

CBRE Group, Inc. (NYSE:CBG) today announced that it has entered into a definitive agreement to acquire the Global WorkPlace Solutions (GWS) business of Johnson Controls, Inc. (NYSE:JCI). GWS is a market-leading provider of Integrated Facilities Management solutions for major occupiers of commercial real estate and has significant operations around the world.

New professional at Colliers International Hungary’s Office Agency Team

The Hungarian office of Colliers International announced that Ferenc Trexler joined the Office Agency Team as Associate Director, Head of Landlord Representation from March 2015. With over 13 years of experience in the Budapest real estate market, Ferenc has an impressive career and history in the industry.

Asian Investors’ Expenditure Rises 23% to US$40 Billion

Asian investors deployed a total of US$40 billion into international commercial real estate in 2014, a rise of 23% year on year (2013: US$32.5 billion), according to the latest research from global real estate advisor CBRE.

LONDON CEMENTS POSITION AS WORLD’S MOST EXPENSIVE OFFICE MARKET

London’s West End is the world’s most expensive office market for the third consecutive year, retaining its title ahead of runner-up Hong Kong, according to research published today in Cushman & Wakefield’s annual Office Space Across the World global ranking.

The Largest Property Deal Ever Recorded in the Czech Republic was Advised by CBRE

CBRE advised Union Investment Real Estate GmbH on the acquisition of a majority shareholding stake of the most prestigious asset in the Czech market, Palladium, from a company managed by the German investment manager Hannover Leasing, Pullach. The transaction is the largest property deal ever recorded in the Czech Republic.