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OTIS is Happy to Remain at CityZen

OTIS Felvonó Kft. extended its lease contract in the CityZen office building managed and operated by ConvergenCE.

The Budapest Research Forum hereby reports its Q1 2022 office market summary.

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q1 2022 office market summary.

CE LAND and NAI Global establish a strategic partnership

The Hungarian CE LAND group of companies and the NAI Global of the US are forming a strategic alliance, and the two companies will operate jointly in the real estate market under the new brand name NAI CELand. With this move, CE LAND will significantly strengthen its international network, client base and further expand its international operations through the NAI Global network

European CRE proving resilient in the face of macro headwinds

The first quarter of 2022 was dealt a devastating shock by Russia’s invasion of Ukraine

IMMOFINANZ with strong results in 2021

IMMOFINANZ with strong results in 2021: 46% increase in results of operations, net profit reaches EUR 346 million

ConvergenCE’s Project Management Team Expands

Gábor Zeley, an experienced real estate expert, has joined investor and developer ConvergenCE. In his new position as senior project manager, he is primarily responsible for the renovation of Academia, the prime office building on the Danube bank acquired by Europa Capital in partnership with ConvergenCE.

Full year investment volumes for 2021 in Central and Eastern Europe rose by 6% YoY

The construction, operation, financing, development and acquisition of commercial property in 2022 and beyond will continue to be impacted by the price of fuel, energy and construction materials.

IMMOFINANZ has signed nearly 65 000 sqm in Hungary last year

IMMOFINANZ - one of the largest investors in the region has signed contracts in both, retail and office sector throughout 2021 for a total of over 65,000 sqm.