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Articles - Cushman & Wakefield

Prague, Budapest and Warsaw at the Centre of Hotel Operators’ Interest

Though significantly affected by the COVID-19 pandemic and its impacts, the hotel market remains a focus of attention for hotel operators

The Budapest Research Forum hereby reports its Q4 2020 office market summary.

The Budapest Research Forum (hereinafter the ‘BRF’, which comprisesCBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q4 2020 office market summary.

The success of Váci Greens is stable: Mazars signed for 1,200 m2 office space

1,200 square meters office space is leased by Mazars in Váci Greens Building ‘F’. With the arrival of the new tenant the occupancy rate of the 25,000 m2 office building is reached 73%.

Mammut welcomes Cinema City VIP

After several months of refurbishment works and lock down, on October 1st Cinema City opened its first VIP movie theater on the Buda side in Mammut Shopping and Entertainment Centre.

The Budapest Research Forum hereby reports its Q3 2020 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 Q3 2020 office market summary.

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.

eMAG opened in Mammut

As part of its transition into a hybrid retailer that conducts both online and offline salesmanship, eMAG opened its first shopping center unit on 300 sq m in Mammut Shopping and Entertainment Center in Budapest owned by NEPI Rockcastle. eMAG’s new store in Mammut I. also has a warehouse with space for thousands of products and will also act as a pick-up point for online orders.

Companies have to rethink their office needs

Mr. Hubert Abt, CEO & Founder of New Work says that COVID-19 transformed business models overnight. With 90% of the employees working from home, companies have been forced to rapidly change their organizational structures and workflow models. We have also discussed about a possible new market boom of the serviced office, coming recession and why “service” is replacing “office space” at the top of the wish list.