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Articles - Portfolio

IMMOFINANZ Hungary signed lease contracts for roughly 2,800 sqm with their STOP SHOP portfolio

The entire portfolio of the STOP SHOP retail network in Hungary, operating on 136,000 square metres in 14 locations and is almost fully leased. In the first quarter of 2021, IMMOFINANZ signed new and extended existing leases for roughly 2,800 sqm.

S IMMO's Blue Cube office building received Silver certification for accessibility

S IMMO’s Blue Cube office building obtained Silver accessibility certification from Access4You.

IMMOFINANZ expands crisis-resilient STOP SHOP portfolio by eight locations to 98 properties

IMMOFINANZ is continuing the expansion of its successful STOP SHOP retail park brand, as announced, and has added eight locations to the portfolio shortly before the end of the year

Companies have to rethink their office needs

Mr. Hubert Abt, CEO & Founder of New Work says that COVID-19 transformed business models overnight. With 90% of the employees working from home, companies have been forced to rapidly change their organizational structures and workflow models. We have also discussed about a possible new market boom of the serviced office, coming recession and why “service” is replacing “office space” at the top of the wish list.

IMMOFINANZ with strong 18% increase in results of operations in Q1 2020, negative valuation results due to Covid-19

IMMOFINANZ started the first quarter of the 2020 financial year with strong operational performance: Rental income rose by 13.4% to EUR 74.0 million, above all due to the expansion of the portfolio through acquisitions and completions as well as growth of 1.9% in like-for-like rental income.

CPI Hungary is committed to making buildings accessible

It is the first to get certified by Access4You

Regus: 4 new centres opening soon

According to Ms. Nikoletta Ispanki, Country Manager of IWG Hungary (known for brands like Regus and Spaces), as the office market is moving forward, they are looking ahead; expanding, thinking about the rural areas, and franchising-based expansion.

S IMMO is in the fast lane

S IMMO started 2019 with large-scale transactions in the Budapest property market. Through purchasing a nearly 9,000 sqm plot, the company is preparing the development of a new office complex, while its existing buildings are still close to full occupancy.