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Q3 preliminary volumes keep CEE on track for a record level of investment activity in 2015

10/12/15

International advisory company JLL presents its preliminary summary of investment transactions concluded in Q1-Q3 period of 2015 on the commercial real estate markets across Central and Eastern Europe (CEE). The summer months have again seen a hive of activity across the CEE with a preliminary transaction volume of well over €2.8 billion recorded in the third quarter.

ConvergenCE wins property management of Budapest office portfolio

10/8/15

ConvergenCE has taken over the property management of Kálvin Centre, Duna Office Centre, and Baross 52 after a competitive tender. The buildings total approximately 30,000 sqm and were recently acquired by a UK based investment management fund.

New Location Added to the Warehouse Search Network: Warsaw, Poland

10/6/15

Our Warehouse Search Network has been growing steadily with new locations since the initial launch in Romania and Hungary. Today, we are pleased to announce the launch of our new websites: Magazynyinfo.pl and warehouseinfo.pl in cooperation with EuropaProperty.com.

CEE Property Investment Volumes Reach Record Levels in Q3

10/6/15

Corporate real estate (CRE) investment within Central and Eastern Europe (CEE) increased in Q3 by 14%, to a record €2.297 billion, with total yearly volume up 6% according to the most recent report on CEE property investment from CBRE.

Horizon Development Achieves Highly Acclaimed European Award for Eiffel Palace Office Building

9/29/15

The official results of the European stage of the International Property Awards 2015-2016 were announced at the Grosvenor House Hotel in Park Lane, London, on 22 September. Horizon Development is the national winner from Hungary, and competed against top developers from across the continent.

South Buda back in the spotlight

9/24/15

The South Buda submarket is one of the most preferred office locations in Budapest: it’s vacancy rate is under 10 percent which is the lowest among all submarkets. Office developers have not been very active here, no new building came to this market since 2010, there has only been one refurbishment although several big tenants examined/tendered this office location.

CBRE Hungary won “Best Research” Award for fourth consecutive year

9/24/15

CBRE Group has been named the top global real estate advisory firm in the 2015 Euromoney Real Estate Awards. CBRE has now achieved the top award for four consecutive years and eight times since the real estate awards program launched 11 years ago. Globally, CBRE was also ranked highest overall in the Sales/Leasing and Valuation categories.

CBRE Closes Acquisition of Global Workplace Solutions Business from Johnson Controls, Inc.

9/15/15

CBRE announced that it has closed the acquisition of Johnson Controls, Inc.’s Global Workplace Solutions business. Global Workplace Solutions is a market-leading provider of enterprise facilities management solutions for global corporations and other large occupiers of commercial real estate. Global Workplace Solutions had revenue of more than $3.0 billion in calendar year 2014.

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