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Articles

With the help of JLL consultancy the occupancy of Central Palace has reached 100 percent

6/12/18

In the first quarter of 2018 one of the significant deals of JLL's office leasing division was the leasing agreement with MITO advertising agency who is moving to 3,000 square meters in Central Palace, whereby JLL represented the landlord Kuantum Kft. The advertising agency will occupy its new office in Q3 2018.

Blue Cube welcomes Fővárosi Vízművek

6/11/18

S IMMO Hungary has concluded one of the largest office lease agreements of the first quarter of 2018 in Blue Cube office building. This, together with some other deals, has pushed the occupancy of the building over 90%.

Interview of Filippo Rean, director of the real estate division of Reed MIDEM - MIPIM and MAPIC markets.

6/7/18

With his expertise, he speaks to us about his vision of PropTech and enlightens us on the trends to follow.

SAVILLS COMPLETES ACQUISITION OF Cluttons middle east business

6/7/18

International real estate advisor Savills has completed the acquisition of Cluttons Middle East, a leading real estate consultancy business in the region.  The business employs 190 staff in seven locations throughout the region, providing Agency, Management and Consultancy advice in both the Commercial and Residential sectors.  The acquisition, which was completed on 31 May will see Savills take full ownership of Cluttons Middle East, a business which has been established in the region for more than 40 years.

Celanese and Citibank choose Promenade Gardens office building owned by Erste Real Estate Fund

6/4/18

Anchor tenant Celanese was the first to move into just completed Promenade Gardens office building last week, now occupying their new 4,200 sqm headquarters. They will soon be followed by Citibank Europe, as the Hungarian Branch Office of the global bank is setting up its new 8,000 sqm Budapest office from 1 December in the A+ category property owned by Erste Open-Ended Real Estate Fund and developed by Horizon Development.

Offices in South Buda Welcome New Technology Companies

6/4/18

Technology companies traditionally prefer office buildings that are close to universities and other ICT companies they cooperate with. One of Budapest’s most sought-after office submarkets is South Buda where the Science Park office building welcomes its newest tenants - AVL Autokút, Flex, Hydro Extrusion Hungary and Solvo Biotechnology, renting together more than 4,300 sq meters of prime office space.

Workforce and technology are the transforming forces on the real estate market

5/31/18

Michael Smithing, head of Head of Landlord Representation at Colliers International talked about the dominance of the Váci út corridor, the renewal of downtown and the limits of growth.

IMMOFINANZ with strong operating development in the first quarter of 2018 – cost savings take effect

5/30/18

Results of operations double to EUR 35.5 million

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Harkácsi István

+36 30 644 7655


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