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Articles - irodapiac

New Associate Partner Appointed at Horizon Development

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

The Budapest Research Forum hereby reports its Q1 2019 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 Q1 2019 office market summary.

CBRE: It is a very good time to be a landlord

Mr. David M. Johnston MRICS, Senior Director, Head of Advisory and Transaction Services at CBRE Hungary says that market is enjoying one its strongest spells ever. What are the consequences? Rents are increasing and incentives are shortening. We also discussed changing occupiers’ needs and why the 76th place on Mercer’s Quality of Living list is a good one.

New promotions at JLL’s leasing department

JLL Hungary’s leasing division has strated the new year with new promotions, from this January Krisztina DeákMajor is the head of landlord representation.

IMMOFINANZ increases occupancy rate to record level of 96 per cent

IMMOFINANZ’s portfolio concentration on office and retail properties and the clear brand policy are producing sustainable success: The occupancy rate in the standing investment portfolio continued to improve in 2018 and, at 95.8%*, reached a new record level in the company’s history.

Present and future of the South Buda office market

The position of the South Buda office market has drastically changed over 2018. Thousands of office areas were vacated during the year, while the submarket had the lowest vacancy rate at the beginning of the year. South Buda is facing new challenges. The new developments arriving in 2019 are going to create a more diverse situation.

New Work: from now on New Work will play in the European league - at least one new Center each month in 2019

Mr. Hubert Abt managing director of New Work Offices zrt says that Budapest remains the most important market for now, but Poland will take over this role by the end of the year. We also discussed rising fees, tenants’ needs and why good design can not be calculated by ROI.

Atenor dynamically expands, its developments advance at a fast pace

Atenor opened its brand new, super modern, showroom inclusive 760 m2 office in Váci Greens D, thus duplicating its previous size.