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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.

Atenor secures substantial pre let to GE Heathcare at Váci Greens Building C

The renowned Belgium Developer Atenor and Cushman & Wakefield (C&W), the world’s largest privately held commercial real estate services firm, are delighted to announce the successful closing of the first pre-lease office transaction at Váci Greens Office Building C to GE Healthcare.

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.

New office and new upswing at Mazars

The biggest tax advisory firms are on the move which is proved by the numerous press releases about advisory firms’ office and headquarters projects. PwC has just moved in the recently handed over Eiffel Palace office building, the completion of KPMG’s new headquarter on Vaci road expected in August, Mazars has committed itself to a new office building. Vivid interest of the enterprises of the advisory sector indicates that it is worth to reconsider strategies related to office area utilization.

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.

Colliers International acquires property management company in Hungary

Global real estate firm Colliers International has acquired Property Partners, an established Property & Facility Management company in Hungary. The two parties will establish a new company bringing together Colliers Internationals’ existing and the newly acquired business with immediate effect.

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.