iLogistic expands premises in CTPark Budapest West
In the first quarter of 2024, CTP signed a lease contract with logistics provider iLogistic for an additional 2,000 sqm. The company will thus occupy a total of 13,000...
Tag: Hungary
IWG predicts significant growth for flexible space sector
IWG, a provider of flexible workspaces with brands including Regus and Spaces, anticipates record network growth in 2024, as businesses of all sizes embrace the benefits of hybrid working....
Coffee with Craig Show – daily CRE news covering the CEE region
Coffee with Craig Show – daily CRE news covering the CEE region with Publisher Craig Smith and Winston Norman, Editor & Chief of EuropapProperty.com. WDP buys retail park near...
Faedra Group sells Faedra22 in Budapest
Faedra Group, acting as developer and general contractor, has successfully sold its brand-new, ESG-compliant greenfield logistics development in Budapest. The sale of the logistics park marks the first sizeable...
Coffee with Craig Show – daily CRE news covering the CEE region
Coffee with Craig Show – daily CRE news covering the CEE region with Publisher Craig Smith and Winston Norman, Editor & Chief of EuropaProperty.com. M Core launches joint venture...
Hybrid workspace provider IWG announces milestone financial performance in 2023
The IWG brands – Regus, Spaces and HQ – continue to attract diverse business customers worldwide and expand their presence in Hungary, with seven workspaces across Szeged, Pécs, Debrecen,...
Coffee with Craig Show – daily CRE news covering the CEE region
Coffee with Craig Show – daily CRE news covering the CEE region with Publisher Craig Smith and Winston Norman, Editor & Chief of Europaproperty.com. Immofinanz sells office properties in...
NEPI ROCKCASTLE BOOSTS 2024 RETAIL DEVELOPMENT PIPELINE TO OVER €650 MILLION
NEPI Rockcastle, Europe’s third largest listed retail real estate company has expanded its development and refurbishment pipeline in 2024 to just over €650 million across its Central and Eastern...
Millennium Gardens – Phase II receives occupancy permit
TriGranit and Revetas Capital have officially obtained the occupancy permit for the second phase of Millennium Gardens. This achievement represents a noteworthy milestone in the development of Budapest’s sustainable...
Global aerospace company moves to CTPark Budapest Ecser
CTP has signed a long-term lease agreement for 5,590 sqm of multifunctional space at the CTPark Budapest Ecser logistics park with Vilnius-based FL Technics, a global provider of aircraft...
Significantly lower office deliveries for CEE forecast
In 2023, the office stock in the CEE region grew by 480,000 sqm, over 30 percent down against 2022. Due to the post-pandemic slowdown in construction activity some markets,...
The automotive industry is crucial to the Hungarian economy
Expert commentary from Laszló Molnár, Managing Director Hungary, Rohlig SUUS Logistics In 2023, the automotive sector employed around 100,000 people and was responsible for generating 20 percent of the national...
