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Articles - irodapiac

GalCap Europe acquires its second building in Budapest

GalCap Europe, a Vienna-based international investment and asset management company, acquired Central Udvar as its second property after the Merkur Palota in Budapest. The purchase was made on behalf of a separate account for a German pension scheme, administered by Institutional Investment Partners

The fourth phase of Váci Greens Office Complex, Building „D” is handed over

The fourth phase of the category „A+” Váci Greens Office Complex, the 15,647 sq m, already 60% leased Building „D” is handed over. The office campus located in the heart of the Váci „Office Corridor” will be completed entirely by the Belgian developer, Atenor in the next two-three years by when the last two buildings („E” & „F”) are planned to be finished.

IMMOFINANZ: Discussions on the merger with CA Immo remain suspended for the time being – other strategic options are under evaluation, including the sale of the CA Immo shares

The Supervisory Board and Executive Board of IMMOFINANZ AG today decided to continue the suspension of detailed discussions over a possible merger between CA Immobilien Anlagen AG (CA Immo) and IMMOFINANZ for the time being and to also evaluate other strategic options.

Mazda renews lease at Infopark I

We are happy to announce that Mazda Motors has recently signed a long-term lease agreement for Infopark Building I.

IMMOFINANZ Hungary is awarded best Asset Management company of the Year 2017

IMMOFINANZ was awarded as “Asset Management Company of the Year” in 2017 at Office of the Year Competition.

S IMMO AG: Change in Hungarian Management

As of 01 March, Géza Barabás will lead the S IMMO subsidiary in Budapest and hence be responsible for the Hungarian Portfolio Management.

Again, JLL's Tenant Representation division is the market leader

JLL tenant representation division closed the year 2017 with an outstanding result of 67,410 sq m total transacted volume, securing a 44% share in the tenant representation market, which made JLL the market leader again.

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.