Officebuilding Filter

Articles - CBRE

Renewed office buildings attract tenants in Budapest

10/7/16

The recently renewed office buildings in the Budapest office market are being recognized by the market soon. New tenants are targeting the landmark buildings of Budapest downtown for high quality office spaces and due to their expanding business. This time the owner of East-West Business Center that is the first modern office building of Budapest, has decided to start refurbishment of their landmark property.

Moving IT firms Electrify the Budapest office market

8/31/16

Before the global economic crisis the financial sector dominated the Budapest office market, banks leased the greatest number of new offices, impressive new headquarters were built for them. By now the situation has changed: the biggest players are from the ICT (information and communication technology) sector in Budapest, leading companies are building new headquarters, and the globally influential Hungarian companies are moving into larger and larger offices.

American investors represent an increasingly significant weight in Hungary

8/10/16

In CEE investors may face scarcity of attractive products. Investment into Central and Eastern European (CEE) countries (excluding Russia) for H1 2016 registered a substantial increase (59%) compared to same period of last year, surpassing €5 billion.

CCC opened its largest shoe store in Hungary in Pólus

5/12/16

Pólus Center is waiting its customers with further developments this year: refurbishing its first domestic store, CCC is offering affordable shoes to its customers now on 930 square meters in the mall managed by CBRE.

Property Investment volumes slightly down in CEE, but recovery expected in the coming quarters

5/11/16

Investment into Central and Eastern European (CEE) countries (excluding Russia) for Q1 2016 registered a slight decrease (6%) compared to same period of last year, reaching €1.84 billion. Expectations are that for the entire year, investment volumes will reach and exceed the record volumes of 2015, with all CEE countries expected to perform strongly.

Lágymányos: new developments in Budapest’s most sought-after office market

5/5/16

The north western part of the South Buda office market, the Lágymányos micro-market is one of the most popular location of the past 15 years. Only 1.7% of the offices were vacant at the beginning of 2016, which is the lowest vacancy rate in Budapest.

“Longer Friday-Saturday trading remain”

4/18/16

On 11th April, the Hungarian government announced their proposal for parliament to abolish the standing law regarding Sunday closing for retail units. The proposal has already passed through voting in the Parliament on 12th April, theoretically allowing stores to open from Sunday, 17 April 2016.

Investment Markets: Budapest among the Most Attractive European Cities

3/17/16

According to CBRE’s 2016 EMEA Investor Intentions Survey – aired every year on the world’s leading property market – almost half (48%) of all surveyed expect their purchasing activity to be higher than last year, compared with just 15% who expect to be less active buyers. 43% also expect their selling activity to increase, indicating a buoyant and liquid real estate investment market for the region in 2016.

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