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Krisztina Palace: Green building rating in inner Buda

High standard services, environmental friendly operation, organized transportation connections, advanced technical background, proactive property management – these are the complex expectations from an office building. Krisztina Palace, the property of Union Investment hits these standards and therefore been awarded the BREEAM In Use ’Very Good’ rating in two categories.

CBRE Awarded CEE Retail Agency of the Year

CBRE, the leading commercial real estate advisor, has been awarded “CEE Retail Agency of the Year” at the 7th Europaproperty Central & Eastern Europe Retail Real Estate Awards Gala, in Warsaw on Feb 12th, 2015. The EuropaProperty awards are decided by a jury comprising over 45 retail experts across the whole of Europe, including prominent developers, investors and retailers.

CBRE Hungary Appoints Krisztina Leiszter as New Senior Valuer

CBRE announced a new appointment to strengthen its Valuation Team in Hungary. Krisztina Leiszter joins the firm as Senior Valuer from February 2015. She brings more than a decade of professional experience to the Budapest team of the world's leading property adviser.

CEE COMMERCIAL REAL ESTATE INVESTMENT UP 28% YEAR-ON-YEAR

Commercial real estate investment in Central & Eastern Europe (excluding Russia) rose 28% year-on-year and reached just over €7.7 billion in 2014 according to the latest research from CBRE. Poland retained its leading position, with investment volume close to €3.1 billion for the 12 months to 31 December 2014, a similar level to that of the last four years. An additional €2.3 billion was traded in Russia, compared to €5.3 billion in 2013.

Uantitative easing to further boost real estate markets

Cushman & Wakefield’s EMEA Capital Markets team have today released their assessment of the ECB’s announcement with respect to quantitative easing in the eurozone.

London remains world’s most expensive office market

Three of Five Priciest Markets are in Asia, five of 10 Fastest Growing Occupancy Cost Markets are in U.S. London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, according to CBRE Research’s semi-annual Global Prime Office Occupancy Costs survey.

CBRE Hungary Moves to Eiffel Palace in the New Year

CBRE Hungary, the local affiliate of the world’s largest property advisor signed a long term lease contract in one of the most prestigious office buildings in Budapest. The company will move its head office to Eiffel Palace in Q1 2015.

Central European Office Market Update

According to Cushman & Wakefield (C&W) the world’s largest privately held commercial real estate services firm’s latest Central European office market update, by the end of September 2014 take-up in the CEE region exceeded 1.17 million sq m compared with only 410,000 sq m of new supply being delivered to the market.