Eight new tenants at Budapest’s Capital Square

Hungary - This year Hochtief Development Hungary, the Hungarian subsidiary company of Hochtief Projektentwicklung, has already let 8,000 square meters of space at the Capital Square office building. A total of eight new tenants will...
Tuesday, 29. June 2010

CEE real estate investment market maintains positive trend

Poland - Central and Eastern European (CEE) commercial real estate investment turnover totalled €783 million in April and May 2010, bringing the region’s investment volume total for the first five months of the year close to €1.5...
Friday, 25. June 2010

LaSalle`s issues Shopping Centre Rental Map

Europe - Jones Lang LaSalle has issued its Shopping Centre Rental Map which illustrates current market conditions across a range of European countries, giving an at-a-glance view of prime shopping centre rental levels together with short term growth prospects.
Thursday, 24. June 2010

Increases in transparency slow globally

Global Report - Jones Lang LaSalle and LaSalle Investment Management have released their 2010 Global Commercial Real Estate Transparency Index, which shows that Australia is the world’s most transparent real estate market in 2010, pushing Canada into second place. Whilst one third of...
Wednesday, 23. June 2010

EU reaches 5.2 million rooms

Europe - Over 80,000 hotel rooms have been added to EU hotel supply, half of which in Spain, Germany and Italy – markets with an already mature, if not oversupply.
Wednesday, 23. June 2010

Laurus Offices select CBRE

Hungary - Immorent Kft., the affiliate of the Austrian Immorent AG (part of the Erste Group) announced the appointment of international property adviser CB Richard Ellis as the exclusive letting agent of Laurus Offices on the Pest...
Tuesday, 22. June 2010

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Monday, 21. June 2010

Decreasing retail rents in conflict with increasing luxury spending in the world

Global Report - According to the latest research conducted by Colliers International premier street front rents in almost every region in the world moved lower for a second consecutive year. Rent decrease comes as a direct consequence of...
Monday, 21. June 2010

Improvements will start in 2011

Hungary - King Sturge International presented to the media its prognosis for the Hungarian real estate market. According to the company, the market has reached the bottom of the cycle but the recovery will be a slow process. Improvements will start in 2011, affecting first the...
Monday, 21. June 2010

2010 ICSC Solal Marketing Awards announced

UK - The ICSC Solal Marketing Awards celebrate the very best of retail marketing across Europe, recognising best practice and rewarding those with the most effective campaigns. A record 152 entries were received from shopping centres in 18 countries across Europe - more than...
Monday, 21. June 2010

Unilever's major office lease renewal

Hungary - Real estate consultant Cushman & Wakefield (C&W) has successfully represented Unilever, one of the world's largest FMCG companies at their office lease renewal on 5,500 sq m in the Unilever's Headquarter building owned by a Hungarian subsidiary of Sparkassen Immobilien AG...
Friday, 11. June 2010

GVA Robertson has closed investment transaction

Hungary - Évgyűrűk Pension Fund, represented by GVA Robertson has purchased Üllői út 48 ‘A‘ category office building from BIF at a price of 3.8 billion forints.
Monday, 07. June 2010

New Tenant in Madarász Office Park

Hungary - Rohde & Schwarz, which has its headquarters in Munich, signed a lease agreement in Madarász office park for 200 sq m office and 300 sq m service space.
Friday, 04. June 2010

GVA Robertson office portfolio is expanding

Hungary - Having obtained the exclusive agent status of RiverPark offices GVA Robertson has signed agreements with two other office buildings: M3 owned by ABLON and the building of OTP Real Estate Fund, Szépvölgyi road 22 have been added to the office portfolio of GVA Robertson,...
Friday, 04. June 2010

Signs of rental improvement in global office markets

Europe - Increased demand, together with more relocation activity, is slowing rental declines in the majority of global office markets, with growth beginning to accelerate in three major markets, according to the latest Global...
Thursday, 03. June 2010
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