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Articles

Invitel Zrt. completes Tenant Portfolio in CityZen

CityZen office building has reached full capacity after leading Hungarian telcom provider Invitel Távközlési Zrt. moved to the building. Invitel, a company recently purchased by DIGI Group, decided to move its Headquarters from Budaörs to the A+ category CityZen office building on Váci út.

Qualifying with RICS ensures the highest standards in the Real Estate Industry

RICS is considered the world’s preeminent qualification and standard-setting body for land, property and construction, with more than 125 000 members practicing in more than 146 countries over the world

Tenant representation by JLL got the first position again

According to the registered leasing activity during the third quarter, between January and September of 2018 JLL's tenant representation services have finished first place in the real estate advisors' ranking with a total of 36,143 sq m leased office space in Budapest.

The Budapest Research Forum hereby reports its Q3 2018 office market summary.

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q3 2018 office market summary.

JLL advises on the disposal of ‘K6’ - Skyscanner’s office building in Budapest

JLL has advised the Seller on the disposal of the K6 office building located in Budapest.

Trends in global real estate investment

Short and long-term European rates are expected to be benign for the foreseeable future limiting any negative impact on property markets, despite news of the recent bond sell-off in the US which could signify an end to the very low interest rate environment that has dominated the current property cycle

We are on a constantly growing track

According to Viktor Nagy, country manager of IMMOFINANZ Hungary, the office market is not growing indefinitely, but with a sophisticated service palette, an office-building operator can be successful in the long term. We talked about rent levels, myhive and the overall market.

Growth is important, but we also have to make profit

Mr. Hubert Abt managing director of Property Systems says, that the one who constantly is concerned about how long the business is going, shouldn’t start an enterprise. We also discussed the limits of growth, the transformation from Ltd. to a listed company and what makes design passionate. The starting point of the conversation is that a new center of NEW WORK Offices just opened, which is also the company's first location at Buda side.
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