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Articles - CBRE

CBRE Hungary Boosts its Valuation Team

11/5/14

CBRE Hungary announced that Dávid Tóth joined its Valuation Department as of 1 November. Dávid will focus on valuation reports for banks, real estate companies, investment funds and corporate clients on a national and cross-border basis.

Hungarian property investment volume likely to exceed its highest level since 2007

11/4/14

Ireland and Spain are close to record-breaking levels for commercial real estate (CRE) investment as buyers search for value in non-core markets. In Hungary office and industrial investment volumes are likely to increase most significantly, according to the latest research from global real estate advisor CBRE.

CBRE: Refurbished Andrássy 100 Office Building Awaits New Tenants

10/28/14

The neoclassical building on the prestigious ‘Champs-Élysées of Budapest’, at 100 Andrássy Avenue was originally built as a residence for the Prime Minister in 1890. It later served as a trade union headquarters and then as a school for confectionary students. The expansion of the building took place at the end of the 1990s.

Veeva Moves to Alkotás Point

10/27/14

Veeva Systems Inc., a leading provider of cloud-based software for the life sciences industry, signed a long-term lease for 1,300 square meters of space in the Alkotás Point office building. With this deal the building’s occupancy has increased to over 90 percent. CBRE represented the landlord during the negotiations, while Eston introduced the tenant into the building.

CBRE Hungary Won Euromoney’s “Best Research” Award Again

10/22/14

CBRE has been named the top global real estate advisory firm in the 2014 Euromoney real estate awards. CBRE is the only firm to achieve top honours in three consecutive years, and has now earned the highest award seven times in the ten years that Euromoney has been running its real estate awards program. The Hungarian office was awarded the Best Research recognition for the third year in a row.

Budapest office market Q3 2014

10/16/14

The Budapest Research Forum (BRF, which is comprised of: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, JLL and Robertson Hungary) hereby reports its Q3 2014 office market analysis.

Road Construction Company Moves into Daróczi 30 Office Building

10/10/14

One of the leading road construction groups of Hungary opens its new headquarters in the capital's 11th district with the assistance of CBRE. The nearly 5,000-square meter Daróczi 30 office building is located in central Buda near to the junctions of Karolina út and Villányi út. Its new tenant is opening its Hungarian headquarters in the building, formerly occupied by Austrian construction company, Strabag.

Money Flowing to Property Doubles in Hungary

9/25/14

Appetite for commercial real estate has been on the rise worldwide due to the low achievable yields in other investment assets. In line with the improving economic fundamentals, there is also strengthening investment sentiment towards Hungary. The property Investment volume shows considerable growth on last year’s level.

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