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Hungarian commercial real estate investments up by 35% y-o-y

7/23/14

European commercial real estate investment activity totalled €44 billion in Q2 2014, reflecting a 28% rise year-on-year, and an increase of 10% on Q1 2014. Strong first half year results pushed commercial real estate investment volumes in Central & Eastern Europe (CEE) (excluding Russia) to €2.5bn, an increase of 15% on the same period for 2013, according to the latest research from global property advisor, CBRE.

New appointment at CBRE to build and strengthen relationships with Korean occupiers in CEE

7/8/14

CBRE announced that William Shim has joined the firm in an effort to build and strengthen relationships with Korean Occupiers in the Central Eastern Europe region. William joins the firm as a Senior Consultant – APAC/Central and Eastern Europe and will be an integral part of the teams in the region, reporting to Joerg Kreindl, heading up Industrial in CEE for CBRE.

CBRE Hungary Launches Asset Services and Announces its New Head

7/4/14

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

6/25/14

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

6/12/14

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

6/10/14

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

6/6/14

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

6/4/14

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.

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