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New promotions at JLL’s leasing department

3/6/19

JLL Hungary’s leasing division has strated the new year with new promotions, from this January Krisztina DeákMajor is the head of landlord representation.

IMMOFINANZ increases occupancy rate to record level of 96 per cent

3/4/19

IMMOFINANZ’s portfolio concentration on office and retail properties and the clear brand policy are producing sustainable success: The occupancy rate in the standing investment portfolio continued to improve in 2018 and, at 95.8%*, reached a new record level in the company’s history.

The new headquarters of Raiffeisen Bank will be realised with the assistance of DVM group

2/14/19

The project management division of DVM group won the tender for the full technical tenant representation of Raiffeisen Bank and the technical supervision of the bank’s new HQ offices at Agora Budapest. At the beginning of next year, Raiffeisen Bank will move over 1300 of its employees from two current locations to the first building of the new city center of the Váci Office Corridor, developed by HB Reavis.

Present and future of the South Buda office market

2/13/19

The position of the South Buda office market has drastically changed over 2018. Thousands of office areas were vacated during the year, while the submarket had the lowest vacancy rate at the beginning of the year. South Buda is facing new challenges. The new developments arriving in 2019 are going to create a more diverse situation.

New Work: from now on New Work will play in the European league - at least one new Center each month in 2019

2/11/19

Mr. Hubert Abt managing director of New Work Offices zrt says that Budapest remains the most important market for now, but Poland will take over this role by the end of the year. We also discussed rising fees, tenants’ needs and why good design can not be calculated by ROI.

This spring Lindt opens its new retail store in Budapest

2/8/19

Last spring JLL's retail leasing department has already announced that the Swiss premium quality Lindt chocolate brand is planning to open its first self-operated retail store in the country. As a result of a thorough market research, JLL's advisers have found the ideal Buda location on the ground floor of Allee Shopping Center.

Atenor dynamically expands, its developments advance at a fast pace

2/8/19

Atenor opened its brand new, super modern, showroom inclusive 760 m2 office in Váci Greens D, thus duplicating its previous size.

Szervita Square Building. Pre-leased by SPACES, Financed by UniCredit Bank Hungary

1/25/19

Year-end of 2018 brought two major developments for Szervita Square Building, a LEED Platinum certified, sustainable multi-purpose commercial and luxury residential property to be handed over in 2020 by Budapest-based Horizon Development.

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