All News

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  OTP fund buys Budapest office building

  OTP Property Investment Fund has acquired the BSR Center office building in Budapest from a fund managed by GLL Real Estate Partners. Located on Váci Road, in front of the Duna Pláza shopping centre, BSR...

  November 27, 2017

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  Occupier market in Poland appearing to stabilize

  According to the latest RICS Poland Commercial Property Monitor Q3 2017, investment enquiries once again increased across all areas of the market, led by solid growth across the office and industrial sectors. Similarly, foreign investor...

  November 20, 2017

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  Sándor Demján buys out Peter Munk, Granit Polus Group is in Hungarian ownership only

  Continuing the ownership consolidation program started two years ago, Peter Munk, a Canadian businessman, was bought out of Granit Polus. In the new ownership structure, Sándor Demján and his direct management are the majority owners...

  November 20, 2017

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  CTP acquires ex-Nokia building in Komárom

  CTP acquired the ex-Nokia building in Komárom, Hungary. The 52,771 sqm property is located on a 137,001 sqm site in Komárom Industrial Park. The property was purpose built in three phases between 1999 and 2004...

  October 16, 2017

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  NEPI Rockcastle buys Arena Plaza in Budapest

  Through its subsidiary NEPI Rockcastle has acquired the Arena Plaza shopping centre in Budapest from Symmetry Arena Ingatlankezelő Kft. The aggregate purchase price paid for the transaction was €275 million, resulting in an acquisition yield...

  September 25, 2017

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  Very strong first half of 2017 for Warimpex

  Warimpex Finanz- und Beteiligungs AG can look back on a very strong first half of 2017, a period that was marked by progress in development projects and the partial sale of the hotel portfolio and...

  September 04, 2017

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  Europa Capital sells its Budapest office portfolio for €60 million

  Europa Capital has concluded the sale of a portfolio comprising two city centre office buildings in Budapest with a total floor area of approximately 26,000 sqm. KGAL, a European asset and investment manager, acquired the...

  August 07, 2017

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  West End Business Center in Budapest sold to OTP fund

  An international investment consortium comprising Wing, Morgan Stanley Real Estate Investing and CC Real has sold the West End Business Center office building in Budapest to OTP Property Investment Fund. Wing has been taking part...

  August 07, 2017

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  New office development starts in Central Buda

  Redwood Real Estate Holding (formerly known as B&L Estates), a Hungarian real estate developer has recently started the construction of the 5,000 sqm, Class A+, LEED Platinum pre-certified Ecodome office building on a speculative basis....

  July 10, 2017

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  Colliers sells industrial building in Hungary

  The Industrial division of Colliers International Hungary sold the Scanfil building in Rozália Park to Reál food store chain. The building totalling 14 500 sqm was used by Scanfil for the production of mechanics and...

  July 10, 2017

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