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Articles

Hungarian investment turnover almost tripled in Q1 2015

Global real estate investors remain confident and their intentions are expansionary, with more than half planning to increase their acquisitions in 2015, according to CBRE’s Global Investor Intentions Survey 2015. Globally, 53 percent of investors plan to increase their purchases this year. Investor appetite for cross-regional acquisitions has increased significantly with 38 percent of respondents intending to invest outside their own region this year–up from 28 percent in 2014.

Cushman & Wakefield to Merge with DTZ

CHICAGO and NEW YORK, May 11, 2015 – Cushman & Wakefield and DTZ have reached a definitive agreement to merge and are set to become one of the largest global real estate services companies. The new company, which will operate under the Cushman & Wakefield brand, will have revenues over $5.5 billion, over 43,000 employees and will manage more than 4 billion square feet globally on behalf of institutional, corporate and private clients.

DTZ Hungary welcomes new colleague

DTZ is delighted to announce that Nóra Fodor joined DTZ’s Office Agency Team this May. In addition to being a widely respected player on the office market and bringing with her extensive experience, she has also extensive knowledge of inward investment, having previously worked for both the Hungarian Investment Promotion Agency (formerly HITA and ITDH). In recent years, Nóra worked at Wing.

CBRE CELEBRATES HAT TRICK IN CEE

CBRE has been recognised at the Central & Eastern European Real Estate Quality Awards (CEEQA) as Office Agent, Investment Agent and Property Management Company of the Year.

Budapest Research Forum reports the Q1 2015 office market

The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, JLL and Robertson Hungary) hereby reports the Q1 2015 office market analysis.

Statement of CPI Property Group

Based on mutual consent Adrienn Lovro is leaving her position as the Hungarian Country Manager of CPI Property Group. For now her responsibilities are taken over by the Hungarian Management of CPI Property Group as of April 2nd.

Skanska laid the cornerstone for its new project, Nordic Light Offices in Budapest

The cornerstone ceremony for Nordic Light, Skanska Property Hungary’s 7th office building in Budapest, was held on April 2nd. Located conveniently on inner Váci Road, Nordic Light is to become one of the most prestigious new office buildings in the capital of Hungary. CBRE was appointed as the exclusive letting agent of Nordic Light office building.

CBRE ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE THE GLOBAL WORKPLACE SOLUTIONS BUSINESS OF JOHNSON CONTROLS, INC.

CBRE Group, Inc. (NYSE:CBG) today announced that it has entered into a definitive agreement to acquire the Global WorkPlace Solutions (GWS) business of Johnson Controls, Inc. (NYSE:JCI). GWS is a market-leading provider of Integrated Facilities Management solutions for major occupiers of commercial real estate and has significant operations around the world.
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