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Gamma Properties: Prospering good years are coming

12/12/16

Tibor Gasser, partner, co-founder of Gamma Properties is cautiously optimistic about the near future of the domestic office market. The company is getting more and more successful – on its own way, driven by owner’s approach. We have discussed about market, oversupply, rental fees and limits of vacancy rates.

Breaking news: Deal of the year - new, Finnish tenant in the city center

12/6/16

New Work Serviced Offices recently finalized one of the most remarkable market transactions on December 6 - just a few hours after business meeting has began. The prestigious Lapland based company deals with logistics, package sending and charitable activities. Its subsidiary signed for a significant office space area at Anker Business Center operated by New Work Serviced Offices.

€1.5 billion transacted on the Hungarian commercial real estate market in Q1-Q3 2016

12/1/16

During the Q1-Q3 2016 period the total commercial real estate investment transaction volume reached some €1.5 billion in Hungary, nearly double the 2015 total volume, a testimony to the sharp liquidity increase – according to JLL Hungary’s latest statistics.

JLL won “Investment deal of the year 2016” award for the third time

11/29/16

JLL has been awarded the „Investment deal of the year 2016” by Portfolio.hu during the annual Property Investment Forum real estate conference. This is the third consecutive year that JLL receives the coveted award.

S IMMO: 15 successful years on the market

11/23/16

Katalin Sermer, Country Manager of S IMMO Hungary – recently celebrating its 15th anniversary –, says that Budapest has become an investment market again, and the economic recovery seems to be continuing. The company has been prospering well and has made gains for the third consecutive year of success, but not by chance – she added. They were thinking ahead during the crisis, and continuously carried out important developments.

GLL Acquires Váci 1 from Horizon Development

11/21/16

GLL acquired the multipurpose heritage building that combines retail-, office- and service functions on 13,750 sqm at Vörösmarty Square, the most prominent downtown location of Budapest. The Seller of the recently completed UNESCO World Heritage listed premium asset is the Hungarian development company behind the building’s complete rejuvenation and successful leasing: Horizon Development.

WHAT DO MILLENNIALS REALLY WANT?

11/21/16

Millennials are at the forefront of using technology and it is reshaping the way they shop. However, contrary to expectations, 70% of Millennials prefer to shop in a store instead of online and this is unlikely to dramatically change in the future, according to new research from CBRE, the global property advisor.

Foundation stone laid for new Telekom Headquarters

11/15/16

Péter Szijjártó, Minister for Foreign Affairs, was guest of honour at the foundation stone laying ceremony held on 15 November at the site of the Magyar Telekom headquarters building, which is being built in a proprietary investment by WING Zrt. The event was also attended by Noah Steinberg, chairman and CEO of the developer WING Zrt, and Christopher Mattheisen, CEO of Magyar Telekom Nyrt.

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