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Articles

LONDON CEMENTS POSITION AS WORLD’S MOST EXPENSIVE OFFICE MARKET

London’s West End is the world’s most expensive office market for the third consecutive year, retaining its title ahead of runner-up Hong Kong, according to research published today in Cushman & Wakefield’s annual Office Space Across the World global ranking.

The Largest Property Deal Ever Recorded in the Czech Republic was Advised by CBRE

CBRE advised Union Investment Real Estate GmbH on the acquisition of a majority shareholding stake of the most prestigious asset in the Czech market, Palladium, from a company managed by the German investment manager Hannover Leasing, Pullach. The transaction is the largest property deal ever recorded in the Czech Republic.

ING Bank arranges EUR 193 million refinancing for TriGranit’s Bonarka City Center

ING Bank Śląski S.A. and ING Bank N.V. have jointly signed a EUR 193 million term loan facility to refinance senior debt related to the Bonarka City Center (BCC) shopping mall. The mall has been developed by TriGranit Development Corporation, one of the largest privately owned development corporations in Europe. The loan for Bonarka City Center was closed on 27th February.

CBRE Named Top Real Estate Brand in Lipsey Survey for 14th Consecutive Year

CBRE Group, Inc. (NYSE:CBG) today announced that The Lipsey Company has named CBRE the top global brand in commercial real estate for the 14th consecutive year. Lipsey, a training and professional development firm specializing in commercial real estate, has surveyed commercial real estate professionals on their perceptions of the industry’s leading brands since 2001.

30% of all office area is expected to be green by the end of 2015

In 2014 green office area continued to grow rapidly, now the stock of green offices is exceeding 23% of the entire stock. Taking into consideration the size of offices currently being under certification, this number will grow to 30% by the end of 2015. – said Norbert Szircsák, Senior Associate at Colliers International’s Green Advisory Services on the occasion of releasing the real estate consultant firm’s yearly green certification report.

Krisztina Palace: Green building rating in inner Buda

High standard services, environmental friendly operation, organized transportation connections, advanced technical background, proactive property management – these are the complex expectations from an office building. Krisztina Palace, the property of Union Investment hits these standards and therefore been awarded the BREEAM In Use ’Very Good’ rating in two categories.

officerentinfo.com (www.irodakereso.info in Hungary) appoints head of Marketing & Communication

Officerentinfo.com, the leading European office and industrial search network, has added a new member to its international department. The newly appointed Head of Marketing & Communication, Adrienn Konkoly will be responsible for marketing activities, corporate communications with international media, social media tools as well as internal communications.

CBRE Awarded CEE Retail Agency of the Year

CBRE, the leading commercial real estate advisor, has been awarded “CEE Retail Agency of the Year” at the 7th Europaproperty Central & Eastern Europe Retail Real Estate Awards Gala, in Warsaw on Feb 12th, 2015. The EuropaProperty awards are decided by a jury comprising over 45 retail experts across the whole of Europe, including prominent developers, investors and retailers.