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Articles - irodapiac

Pódium: reloaded

12/19/16

Pódium office building took a flying start. Following a technical upgrade and facelifting, S IMMO Hungary’s flagship property was reintroduced to the market at the beginning of 2016. Within twelve months the overall occupancy of the 6,000 sqm building has reached 92%.

Budapest Is Among Europe’s Next Major Tech Hubs

12/19/16

CBRE has published its inaugural Understanding European Technology Clusters report, highlighting the vibrancy and rapid growth of Europe’s tech sector. The report analyses the characteristics of tech clusters and explores future opportunities among high-performing, and emerging, tech cities across Europe.

Gamma Properties: Prospering good years are coming

12/12/16

Tibor Gasser, partner, co-founder of Gamma Properties is cautiously optimistic about the near future of the domestic office market. The company is getting more and more successful – on its own way, driven by owner’s approach. We have discussed about market, oversupply, rental fees and limits of vacancy rates.

GLL Acquires Váci 1 from Horizon Development

11/21/16

GLL acquired the multipurpose heritage building that combines retail-, office- and service functions on 13,750 sqm at Vörösmarty Square, the most prominent downtown location of Budapest. The Seller of the recently completed UNESCO World Heritage listed premium asset is the Hungarian development company behind the building’s complete rejuvenation and successful leasing: Horizon Development.

CBRE has been the partner of E.ON during its moving to the new office building

11/14/16

In October 2016, 600 employees of E.ON Hungária Zrt. successfully finished moving into the V17 office building, Váci út. Furthermore, this has been the largest tenant move in the Budapest office market this year so far.

New CityZens, Tech Mahindra

11/8/16

CityZen, the newly renovated 12,500 m2 office building at Váci út 37 has leased 1,558m2 offices to Tech Mahindra.

Váci 1 and Eiffel Palace win 3 European Property Awards

11/3/16

The London Marriott Hotel Grosvenor Square was home to the European Property Awards Gala Dinner held last Thursday, attracting over 500 guests from across Europe. Váci 1 and Eiffel Palace, Horizon Development’s two redeveloped heritage buildings – both designed and built by DVM group – scooped up three amazing awards at the event.

Office market in Budapest goes greener!

10/26/16

New green office building of Budapest, V17 opened its gates. The building is located at the beginning of the Váci corridor. The seven-story sustainable building of nearly 13,000 square meters area featuring cutting-edge technology, and offers "A" class office areas most of which are rent by E.ON Hungary Zrt. for long term. The V17 is owned by Torony Ingatlan Befektetési Alap represented by Diófa Alapkezelő Zrt., and was developed by Hungary’s leading commercial real estate developer WING Zrt. Building V17 required a HUF10 billion investment.

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