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Budapest Research Forum reports the Q1 2015 office market

4/9/15

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

4/3/15

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

4/3/15

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.

4/2/15

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.

The Real Estate Market is on a Roll: Erste Open-ended Real Estate Investment Fund Buys Futureal’s Office Building on Váci út Office Corridor

3/26/15

Budapest, March 26th, 2015 - After KPMG, Teva Hungary Zrt., Provident Financial Zrt., and Costa Coffee have all chosen the iconic Vision Towers office building. Having in a first stage purchased the Northern Tower of the building complex developed by Futureal on 23 500 square meters, Erste Real Estate Fund went on to buy the Southern Tower as well.

New professional at Colliers International Hungary’s Office Agency Team

3/18/15

The Hungarian office of Colliers International announced that Ferenc Trexler joined the Office Agency Team as Associate Director, Head of Landlord Representation from March 2015. With over 13 years of experience in the Budapest real estate market, Ferenc has an impressive career and history in the industry.

New office building from TriGranit in Krakow

3/18/15

Comfortable, functional, set in convenient location and repeatedly awarded for the best public space - Bonarka for Business (B4B) opens another office building in Krakow, Poland. The new office building E with its 10.000 sqm GLA is the fifth of the Class A objects in the B4B project, that is nowadays the most popular and respected office park in Krakow. At completion, the B4B project will consist of 11 buildings with a total area of 100.000 sqm GLA in an overall investment amount of EUR 200 million.

Asian Investors’ Expenditure Rises 23% to US$40 Billion

3/17/15

Asian investors deployed a total of US$40 billion into international commercial real estate in 2014, a rise of 23% year on year (2013: US$32.5 billion), according to the latest research from global real estate advisor CBRE.

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