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Articles - Colliers

Cargill Hungary is the newest tenant of Aréna Business Campus

Cargill Hungary signed a nearly 900 m2 office lease agreement in the 1st phase of Aréna Business Campus Building “A”, the megaproject of Atenor in District VIII. The 21,133 m2 Aréna Business Campus Building “A” was handed over according to schedule this May, its first tenants moved in during the summer.

Colliers appoints new Head of Property and Facilities Management in Hungary

Katalin Honi has been appointed new Head of Property and Facilities Management for Colliers in Hungary, as per mid-September.

Many companies in the CEE region might consider a hybrid mix of remote and office-based work along with software for management of distributed teams, project management, team management and even skills management in the business.

We expect that a fair amount of market activity in 2020 will come from lease renegotiations and renewals as opposed to new and pre-lease transactions. We might record more sub-leases being offered if companies need to downsize. Tenant covenants will receive additional scrutiny by landlords, banks and investors in order to limit risk to a sustainable income.

GalCap: Real Estate Acquisition in Budapest for German Pension Fund

GalCap Europe, the real estate asset and investment manager specializing in Austria and Central Europe, has acquired another asset in Budapest for a German pension fund’s portfolio: the Rumbach Center.

Colliers Landlord Office Agency welcomes new Senior Associate

Colliers International Hungary is pleased to announce, that András Oláh joined the Landlord Representation Team, Office Agency last week.

Green Court Office reaches 65% occupancy

Codic Hungary closed a very successful year in 2019 by securing an anchor tenant who will lease 11,300 m² in Green Court Office, which is due for completion in early 2022. With this transaction, Codic Hungary’s latest development will reach 65% occupancy of its office spaces only 7 months into construction.

Green certified office space has doubled in 4 years

The 630,000 m2 of certified green office space as of 2015 year-end had increased to over 1,500,000 m2 by the end of 2019, more than doubling the amount of green office space. This represents 40% of the total modern office stock.

Colliers International appoints Norbert Szircsák as new Head of Green Building Advisory Services

Leading global commercial real estate services and investment management firm, Colliers International announced, that Norbert Szircsák has been appointed as Head of Green Building Advisory Services.