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Articles - irodapiac

IMMOFINANZ closes the acquisition of the Warsaw Spire Tower from Ghelamco and Madison International Realty

7/12/19

IMMOFINANZ has successfully finalised the acquisition of the Warsaw Spire Tower through the purchase of the respective real estate holding companies. The closing took place today, 11 July, following the release of the transaction by the Polish antitrust authorities. The sellers are the Ghelamco Group, which completed the tower in 2016, and Madison International Realty, a global real estate private equity firm. The agreed property value for the office tower equals roughly EUR 386.0 million. The expected annual rental income based on invoiced rents totals approximately EUR 19.6 million.

Regus: 4 new centres opening soon

6/17/19

According to Ms. Nikoletta Ispanki, Country Manager of IWG Hungary (known for brands like Regus and Spaces), as the office market is moving forward, they are looking ahead; expanding, thinking about the rural areas, and franchising-based expansion.

IMMOFINANZ acquires Warsaw Spire Tower

6/14/19

IMMOFINANZ is acquiring the Warsaw Spire Tower Building in the Polish capital through the purchase of the respective property holding companies.

50% of Váci Greens Building F is already let one year before its completion

6/13/19

An international service provider will rent approx. 4,000 sq m office space with additional expansion areas in the newest, Building “F” at Váci Greens office park. With the arrival of the new tenant in June 2020, the occupancy rate of the building will be around 50%.

New leasing director at Colliers Hungary

6/11/19

Colliers is pleased to announce that it has appointed Melinda Kovacs as new Head of Landlord Office Agency for Hungary in Budapest.

S IMMO is in the fast lane

5/23/19

S IMMO started 2019 with large-scale transactions in the Budapest property market. Through purchasing a nearly 9,000 sqm plot, the company is preparing the development of a new office complex, while its existing buildings are still close to full occupancy.

WING now owns Liget Center Office Building

5/7/19

Hungary’s property market leader, WING, has purchased the Liget Center Office Building located next the City Park (Városliget) in Budapest. The property consists of a 7,000 sqm office building and a nearly 3,800 sqm auditorium. WING intends to upgrade the building’s services, implementing value-added features and finding a new function for its auditorium, which is currently vacant.

New Associate Partner Appointed at Horizon Development

5/3/19

The Horizon Development Board is now complete with new associate partner Gabriella Sasvári, who will also continue in her current position as development director.

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