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Articles - office

IMMOFINANZ rents more than 14,000 sqm of office space in Budapest

8/1/18

IMMOFINANZ, one of the leading players in the Hungarian office market, has signed various lease agreements in the first half of 2018 accounting for more than 14,000 sqm of its Hungarian portfolio. This is equivalent to 9% of its current overall leasable office space in Budapest. Of this figure, new and expanded leases sum up to 5,800 sqm and prolongations account for more than 9,000 sqm.

Bulls return to the European commercial real estate market

3/24/14

The mood at MIPIM 2014 was overwhelmingly positive with 85% of property professionals declaring that they are feeling ‘bullish’ about the European commercial real estate market, according to a recent opinion poll by global property advisor CBRE. CBRE surveyed more than 300 property professionals at MIPIM 2014 - the world's biggest property forum held in Cannes - to discover current sentiment in the European commercial real estate market.

Six reasons to relocate to Budapest

1/28/14

Although the Hungarian office investment market is currently not doing very well, it has huge potential, according to the latest research by the Round Table of Real Estate Developers prepared by Eltinga and DTZ. Companies relocating here will find highly skilled labour that is among the cheapest in Europe; the lowest cost per work unit; a regional transport hub; and a continuously growing metropolis.

Busy summer at IVG Hungary

8/28/13

IVG Hungary closed a successful, busy summer this year. During the season, the company signed lease contracts for more than 2200 sqm in total. The prestigious OTP Mobil Szolgáltató Kft. chose RiverPark, an office building under IVG Hungary’s management, moreover IVG Hungary signed new lease contracts with CEDA Kft and Digital Apes for nearly 700 sqm of the centrally located Oktogon Ház.

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