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Articles - Cushman & Wakefield

The Budapest Research Forum hereby reports its Q4 2017 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 Q4 2017 office market summary.

Cushman & Wakefield clearly leading the Budapest office market

After 5 years of being absolute market leaders in Budapest, Cushman & Wakefield still holds the trophy this year by being involved in over 48,000 sq m office lease transactions till the end of July. During this time Cushman & Wakefield’s continuously growing Office Agency team concluded 40 transactions.

Ecodome office building construction kicked off

Redwood Real Estate Holding (formerly known as B&L Estates), a Hungarian real estate developer has recently started the construction on a speculative basis of the 5,000 sq m, A+ category, LEED Platinum pre-certified Ecodome office building located in the heart of Buda.

Cushman & Wakefield office Leasing Team Retain  Market Leading Position for 5th Consecutive Year

C&W retained its market leading position for the fifth consecutive year in 2016 – being involved in circa 83,500 sq m of office lease transactions or 32% share of the Agents Market. C&W concluded all together 92 transactions with an average deal size above 907 sq m, further cementing their market leading position in the country.

Luxury brands checked in to MOM Park, Budapest

Cushman & Wakefield, exclusively representing the Landlord, has successfully coordinated the entrance of three high end fashion retailers: Max&Co., Coccinelle and NUBU to MOM Park Shopping Centre.