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Articles - irodapiac

Electrolux finds competitive advantage in Promenade Gardens

Market leading professional and household appliances company Electrolux set up its new 1,730 sqm Hungarian headquarters this month in Promenade Gardens, the most technically advanced office building recently completed on the Váci office corridor of Budapest.

IMMOFINANZ with stronger earning power: results of operations more than tripled in half-year, FFO1 rises by 74%

Results of the Q1-2 2018 in HUNGARY as of 30 June 2018

Further rental growth on the Office Market is expected

A strong increase in new supply is expected in the upcoming two years, however, most submarkets will still face rental growth in 2018. Sustained rental growth for Class A properties across all submarkets - except the Periphery - is forecasted.

Investment flows into the CEE-6 region rose 4% YoY in H1 2018

Polish volumes were the drivers of the momentum in the first half of the year. Slovakia saw a rebound in deals whilst Hungary and Czechia saw much slower flow than a year ago, reveals Colliers International, the global industry-leading real estate services company, in its latest 2018 mid-year CEE Investment Scene.

Robust Leasing Activity H1 2018 in Budapest Office Market

The leasing activity in the Budapest office market remained strong with more than 253,000 sq m office space leased in the first half of 2018. In total, commercial real estate agencies were involved in 173,000 sq m of office leasing transactions, from which CBRE completed the largest amount of transactions, 42,245 sq m equating to 24.4% market share in the Agents market.

Private hospital moves into Buda Center

S IMMO’s Buda Center office building became multifunctional by welcoming Emineo Private Hospital. Hungary’s first musculoskeletal surgery centre was established on more than 1,300 sqm, providing high quality inpatient and outpatient care. With this lease, Buda Center is now fully let.

The Budapest Research Forum hereby reports its Q2 2018 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 Q2 2018 office market summary

Efficient consultancy background, strong landlord trust at JLL

Over the past year, Office Group of JLL Hungary doubled the number of its office leasing assignments, currently representing 276,000 square meters of office space as an exclusive or co-exclusive agency. Since 2014 the firm participated in nearly 260,000 square meters of transaction acting as one of the Hungarian market's leading real estate consultancy.