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Articles - CBRE

CBRE Awarded Best Retail and Capital Markets Team in Hungary by CIJ

The Construction and Investment Journal (CIJ), one of CEE’s leading real estate magazines has awarded the best property market companies and projects in Hungary. In 2017 the winner of the Best Retail Power Broker Team and Best Capital Markets Team category were CBRE’s retail and capital markets agency teams.

CBRE: Colonnade Insurance Moves to Balance Loft

Colonnade Insurance, with CBRE's support, will move from its own property to the modern Balance Loft office building on Váci út, which is easy-to-reach for employees and customers, and where the conditions are also given for further expansion.

The Budapest Research Forum hereby reports its Q2 2017 office market summary.

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) hereby reports its Q2 2017 office market summary.

CBRE continues to manage Campona and Pólus Center shopping centres

After acquiring the shopping centres CPI Property Group has again entrusted CBRE to manage its new properties.

Hungary Attracts 19% of Retailers Planning To Expand Their Store Network in Europe

The UK has taken the top spot as the most popular destination for retailers looking to expand their store presence in EMEA in 2017. 65% of retailers cited the UK as their target market for expansion, according to the latest research from global property advisor, CBRE. 19% of retailers, however, target Hungary which is the fifth most admired market along with Spain and the Netherlands.

New Development on the Ever so Popular South-Buda Office Market

Bischoff & Compagnons has commissioned CBRE exclusively with the leasing of the Alphagon office building.

All time high investment volume is expected this year

In 2017, following its international assessment CBRE has created a survey among real estate investors in Hungary asking them about their market expectations. At the traditional springtime CBRE Investment Breakfast investors turned out to be optimistic about the future. 43% of the respondents stated that the investment market might grow even by one-fifth from last year’s EUR 1.5 billion, and 23% stated that this year they might reach their highest turnover ever.

Rising Construction Costs and Lack of Skilled Labour Force Make Recovery Difficult

The current forecast for total construction volumes shows increases of 8% and 12% for 2017 and 2018, respectively. The barriers for the realization of the developments are the rise of construction costs and the lack of skilled labour force. CBRE expects that these issues raise risks of delivery delays and decrease of developers’ profit margins.