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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.

Green House Among the World’s Best Office Buildings

6/2/14

Green House was chosen to be the World Gold Winner in the office category for the FIABCI World Prix d’Excellence Awards 2014. The highest recognition was handed over by Dr. Flavio Gonzaga Nunes, the World President of FIABCI, during the 65th Fiabci World Congress and World Prix d’Excellence Awards Presentation Ceremony on the 21st of May in Luxembourg.

C&W SECURED ITELLIGENCE AT INFOPARK A

5/27/14

Cushman & Wakefield (C&W) the world’s largest privately held commercial real estate services firm, representing CA Immo has secured new office space for itelligence Hungary’s HQ extending to over 900 sq m at Infopark A in Budapest.

Significant pipelines in the Czech Republic

5/26/14

With GDP growth of 2.6 percent predicted for 2014 the Czech Republic is successfully recovering from the market downturn of the last two to three years with a substantial pipeline in the Prague office market, although concerns have been expressed with regard to rising vacancy. Take up in the industrial sector is increasing across the country as leading developers are opting for a more cautious built-to-suit development model.

Spain, Ireland and Europe’s recovering markets continue to improve

5/23/14

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.

IVG sold StefániaPark referred as the ’Jewel of Budapest’ by many

5/23/14

A significant transaction has been completed on the investment market in Hungary. The buyer, a German private equity investor, represented by Colliers International purchased StefániaPark office building located in the 14th district of Budapest. The seller, IVG was represented by JLL. The parties have agreed not to disclose the exact purchase price.

DOROTTYA UDVAR AMONG THE BEST BUILDINGS IN EUROPE

5/20/14

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.

REAL ESTATE DEVELOPER ABLON CHANGED NAME TO CPI HUNGARY IN ACCORDANCE WITH THE NEW OWNER

5/19/14

2014 - From 15th of May 2014 Ablon will change its business name to CPI Hungary and will operate under the brand CPI Group. This change is a logical result of the completed sale of the Hungarian developer and its takeover by the Czech real estate CPI Group that happened in 2Q 2013. „CPI ensures great opportunity for developing our activities.

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