Budapest Archives

HelloParks prepares for next phase of large project near Budapest

HelloParks, a member of Futureal Group, has already handed over its first 46,000 sqm warehouse in Maglód which is operating with more than 80 percent occupancy. Preparations for the...

Office Leasing

Egon Zehnder Knowledge Center moves to Park Atrium

Egon Zehnder’s Knowledge Center has chosen Park Atrium as its new Hungarian office space. The leadership advisory firm will occupy 800 sqm on the first floor of the recently...

Investment Market

CA Immo sells office property in Budapest

CA Immo has signed and closed the sale of the R70 office building in Budapest. The sale of the property, which was completed in 2002 and comprises 19,200 sqm...

Investment Market

Europa Capital and ConvergenCE buy Akadémia Business Center in Budapest

Pan-European real estate investment manager Europa Capital, in partnership with commercial real estate investor and developer ConvergenCE, acquired the Akadémia Business Center in Budapest. The acquisition has been completed...

Warehousing, Logistics and Industrial

GLP purchases further plot and extends Sziget logistics centre

GLP has successfully closed an acquisition contract for a 22.3-hectare plot in Szigetszentmiklós, next to its existing Sziget Logistics Centre, the larger part of which has already been let...

Residential

Cordia adds 300 new homes to Hungarian pipeline

Responding to the extremely buoyant demand, Hungarian residential property developer Cordia is adding more than 300 new homes to its supply by the end of the year. This move...

Investment Market

Union Investment purchases Szervita Square building

The commercial part of Horizon Development’s LEED Platinum certified premium mixed-use Budapest downtown property; Szervita Square Building was purchased by Union Investment for one of its institutional real estate...

Warehousing, Logistics and Industrial

Panattoni starts spec development in Hungary

Panattoni is kicking off its first investments in Hungary. On the plot purchased in Herceghalom, 30 km from the centre of Budapest, Panattoni Park Budapest West will be built...

Green Building

Szervita Square Building Receives LEED Platinum Rating

Last week marked two major milestones for Horizon Development’s Szervita Square Building. The premium project was acknowledged as the Best Mixed-Use Development in Hungary at the International Property Awards,...

Investment Market

Three stages to real estate recovery says Urban Land Institute and PWC

ULI Poland held an online launch with a focus on CEE and the Emerging Trends in Real Estate Europe 2022 report. The key findings of this market-leading report related...

Retail News

A new retail hub in downtown Budapest

Horizon Development’s most recently completed crown jewel, Szervita Square Building transformed downtown Budapest’s urban fabric architecturally and contributed to the revitalization of retail in the area. It completed the...

Finance

S IMMO’s Q3 results demonstrate operational strength

The listed real estate investment company S IMMO AG once again reports strong results as of the end of the third quarter, with net income for the period of...

Tag: Budapest