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Articles - budapesti irodapiac

The Hungarian office market is well positioned for a recovery

4/12/21

Ms. Erika Loska, Knight Frank Hungary‘s Head of Office Division says that a real office offers experience, contact and choice, its role is irreplaceable, and businesses still want a real company headquarters

Tenant experience brought up to next level

12/2/19

Vincent Vallois MRICS, Co-Founder of Online Real Assets – CEE Partner of Spaceflow tenant experience application – sees the market from a new perspective. Online Real Assets has just launched Spaceflow in Hungary and they see great potential and momentum for a space-as-service transition of the commercial real estate market.

Office Garden Office Park is expanding, the construction of Office Garden IV has started

5/22/19

The popular office park of South Buda office market is expanding, the construction works of Office Garden IV has started. After the success of the first three phases GRT Group, the developer has decided on starting the construction works of phase 4. The office building is exclusively represented by Robertson Hungary as in the previous phases. Office Garden IV is scheduled to be completed in Q2 2021.

WING now owns Liget Center Office Building

5/7/19

Hungary’s property market leader, WING, has purchased the Liget Center Office Building located next the City Park (Városliget) in Budapest. The property consists of a 7,000 sqm office building and a nearly 3,800 sqm auditorium. WING intends to upgrade the building’s services, implementing value-added features and finding a new function for its auditorium, which is currently vacant.

GALCAP EUROPE acquires prestigious building in the center of Budapest

3/13/17

Vienna-based investment manager GalCap Europe has acquired "Merkur Palota" (the Merkur Palace) a fully renovated, prestigious office building in Budapest.

CENTRAL EUROPEAN OFFICE FORECAST 2015-2017

8/18/15

According to global property adviser Cushman & Wakefield, the outlook is generally positive in the Central European office markets of Czech Republic, Hungary, Romania, Poland and Slovakia. Three out of the five markets are anticipating rental growth over the next three years (Bratislava, Budapest and Prague).

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