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Articles - CPI HUNGARY

LARGEST BUDAPEST TRANSACTION OF 2014

VODAFONE RENEW & EXPAND AT ARENA CORNER

Another new tenant in the CPI's (formely known Ablon) office building at Hungária körút

Various organizational units of the Budapest-Capital Regional Court await the clients at an area of almost 6,000 square metres in the M3 Business Center as from August. Building ‘A’ of the office complex has been almost fully filled as a result of the agreement concluded with the Court.

Another IT company - Fornax ICT - choses the M3 Business Center

Fornax ICT, a recognized company operating on a high professional level in both the domestic and international IT-sector, is the new tenant of CPI Hungary’s M3 Business Center. Fornax ICT signed the leasing agreement pertaining to the spacious up-to-date offices found in Building B of the Center on Hungária Boulevard, with the assistance of Cushman & Wakefield international real estate adviser.

Largest Budapest office transaction of 2014

CPI Hungary, former Ablon, owned by CPI Group has successfully concluded the largest office lease transaction of the year to date with Vodafone for over 13,800 sq m in Arena Corner Office Building, in Budapest. Vodafone was represented by Cushman & Wakefield, the world’s largest privately held commercial real estate services firm.

REAL ESTATE DEVELOPER ABLON CHANGED NAME TO CPI HUNGARY IN ACCORDANCE WITH THE NEW OWNER

2014 - From 15th of May 2014 Ablon will change its business name to CPI Hungary and will operate under the brand CPI Group. This change is a logical result of the completed sale of the Hungarian developer and its takeover by the Czech real estate CPI Group that happened in 2Q 2013. „CPI ensures great opportunity for developing our activities.