Central Europe boosts industrial real estate market

UK - Central Europe continues to play a significant role on the industrial real estate map, and despite the rebalancing of the global economy, the market saw a number of major transactions; last year, around 1.5 million square...
Tuesday, 09. March 2010

European housing showing signs of recovery

UK - Signs of recovery are visible in some European housing markets, especially in sales levels and prices, says the latest RICS European Housing Review launched today in Brussels (2 March 2010).
Monday, 08. March 2010

Global property markets on the up-investment volumes forecast to reach $478 billion in 2010

UK - According to Cushman & Wakefield’s 2010 Global Investment Atlas, which monitors investment flows in commercial property in 56 countries, global investment volumes are forecast to rise 30% this year, hitting $478bn...
Wednesday, 03. March 2010

Hochtief Projektentwicklung appoints regional manager for Southeast Europe

Hungary - Peter Noack (41) has been appointed Regional Manager for the Southeast European subsidiaries of Hochtief Projektentwicklung GmbH. The jurist has worked in Prague as general...
Tuesday, 02. March 2010

The Budapest hotel market is set to expand by one thousand rooms in 2010

Hungary - Although 2009 saw a decline in tourism, in spite of this hotel development has not diminished, on the contrary numerous new players plan on entering the market in 2010, due...
Tuesday, 02. March 2010

European and Asian office market rents stabilizing

UK - The effects of the economic crisis on demand for office space varied across the world’s major office markets in 2009, and there are now widespread differences in their rental characteristics, according to CB Richard Ellis’ (CBRE) new Global Office Rental Cycle report....
Monday, 01. March 2010

European Chain Hotels Market Review - Happy New Year for London hoteliers

Europe - London began 2010 as it ended 2009, with, by far, the highest Gross Operating Profit per Available Room (GOPPAR) across the sample of European cities in the latest HotStats survey from TRI Hospitality Consulting.
Monday, 01. March 2010

Rents have dropped 10-30% on the office market

Hungary - Last year commemorates a difficult period on the domestic office market, which was felt by developers, owners and real estate agencies alike. Lease rates dropped by 10-30% in 2009, while the amount of office stock, along...
Wednesday, 24. February 2010

2010 to see Moderate rises in take-up and investment volumes up across Europe

Europe - Office take-up in the main European cities is to rise moderately by 9% in 2010, according to BNP Paribas Real Estate. The leading global property adviser also forecast that the investment market will rise sharply with...
Monday, 22. February 2010

ING REIM CEE appoints Gijs Klomp as new Head of Asset Management in Hungary

Hungary - ING Real Estate Investment Management (ING REIM) CEE announces the appointment of Gijs Klomp, 32, as new Head of Asset Management Hungary & Romania.
Monday, 22. February 2010

Simon Property Group Makes $10 Billion Offer to Acquire General Growth Properties

International - Simon Property Group, Inc. announced that it has made a written offer to acquire General Growth Properties, Inc. in a fully financed transaction valued at more than $10 billion (approx. €7.26 bln.), including approximately...
Friday, 19. February 2010

CB Richard Ellis strenghtens its EMEA team

UK - CB Richard Ellis has strengthened its Global Corporate Services (GCS) team in the Europe, Middle East and Africa region with the appointment of Senior Directors Paul Copeland and Ralph Holland.
Thursday, 18. February 2010

2010 could be the year of stabilization at the industrial market

Hungary - The Hungarian office of Colliers International has recently issued its updated market analysis for the industrial market. „While 2008 was a year of records in the Budapest industrial real estate market, 2009 was the year...
Thursday, 18. February 2010

TriGranit wins the two major regional awards with Bonarka City Center

Poland - Bonarka City Center, the Hungarian majority owned TriGranit’s latest development was awarded by the property professionals. The largest urban center in southern Poland...
Thursday, 18. February 2010

Industrial and logistics occupiers call for increased flexibility

UK - Flexibility of buildings and leases in the industrial and logistics property market has become vital in response to shorter business planning horizons and in order to suit...
Monday, 15. February 2010
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