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Articles - Nordic Light

More than €1.7 billion transacted on the Hungarian commercial real estate market in 2016 with JLL involved in almost 50% of the volumes

During Q4 2016 the total commercial real estate investment transaction volume reached some €270 million in Hungary, pushing the 2016 volume to above €1.7 billion, the highest annual figure since 2007– according to JLL Hungary’s latest preliminary statistics.

Skanska maintains its position as office transaction leader in CEE region

2015 marked another strong annual performance by Skanska Commercial Development Europe. The company signed final sale agreements for eleven office buildings located in three Central and Eastern European (CEE) countries, achieving a total transaction volume of nearly 500 mln EUR for the year. Skanska is now compiling its sales portfolio for 2016 and continues to purchase land for new development projects.

Skanska laid the cornerstone for its new project, Nordic Light Offices in Budapest

The cornerstone ceremony for Nordic Light, Skanska Property Hungary’s 7th office building in Budapest, was held on April 2nd. Located conveniently on inner Váci Road, Nordic Light is to become one of the most prestigious new office buildings in the capital of Hungary. CBRE was appointed as the exclusive letting agent of Nordic Light office building.

Skanska launched its Nordic Light office project in Budapest

Skanska started the construction works of its seventh office building in Budapest. Nordic Light, as it has been named, is being developed on inner Váci road, the main office corridor of Budapest. Phase I is scheduled for completion in the first quarter of 2016.