New Work to open 7th location in Budapest
New Work, a leading flex office operator in Central and Eastern Europe, continues to expand in Hungary and is about to open its 7th business centre in Budapest. The...
Tag: Hungary
Krausz Palace: an exclusive renovation receives permitting
Renovation of the 19th century Krausz Palace, located on Budapest’s recognized World Heritage site, Andrássy Ave, will commence in mid-2021. The project is owned by an AEW managed fund...
Avison Young expands operations in the CEE region
Avison Young expands operations in Central Europe, announces strategic affiliation with Limehouse to deliver commercial real estate advisory in Hungary. Mark E. Rose, Chair and CEO of Avison Young,...
Region’s office markets see reduced levels of demand and modest rent falls in Q3 2020
The core CEE markets recorded reduced demand levels, but rents saw only a modest fall in comparison with other European markets, office yields remained close to their 10-year low,...
HelloParks continues expansion in Hungary with new project
In the eastern agglomeration of Budapest, next to the M0 ring road, HelloParks continues its expansion with a new development in Maglód. As a member of Futureal Group, the...
Flisom moves into VGP Park Kecskemét
VGP, a pan-European provider of high-quality logistics and semi-industrial real estate, has handed over to the Swiss technology company Flisom AG a building in its VGP Park Kecskemét. VGP...
Lodge & Partners expands service portfolio with Property Management
Present on the Hungarian market for the last four years, real estate asset manager and advisor Lodge & Partners (“L&P”) is expanding its activities through the establishment of a...
Resolution Property’s focus on CEE investment continues with first Budapest acquisition
Resolution Property has completed the acquisition of a ca. 37,200 sqm office portfolio in Budapest, Hungary. The portfolio is comprised of two fully let, recently refurbished, class-A office buildings,...
GTC completes the sale of Spiral
GTC sold Spiral, an A-class office building located in Budapest, Hungary. The sale will generate €41 million of free cash. Spiral provides a total of 30,541 sqm of leasable...
Infogroup developing a new logistics building in Eastern Hungary
Infogroup has commenced construction of a new logistics building in Polgár Industrial Park. The 4,000 sqm speculative building is being developed in the company’s own industrial park. The customizable...
Daikin opens new showroom in Promenade Gardens – EuropaProperty
Daikin Hungary set up its state-of-the-art showroom on a 309 sqm ground floor retail area in Tower ‘B’ of Promenade Gardens office building. The A+ category commercial property on...
Erste sells land to JYSK for a major warehouse development near Budapest – EuropaProperty
Erste Ingatlan Kft, a subsidiary of Erste Bank Hungary, has signed an agreement to sell 57 hectares of a 170-hectare plot in Ecser, next to Budapest, to an international...
