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Aurelia Luca, Executive Vice President of Operations in Romania is now expanding her area of responsibility by taking over the Hungarian market as well. With more than 20 years of expertise in real estate development, Aurelia has been part of the Skanska team for almost 10 years.
M7 Real Estate has acquired the office complex, Terrapark, in Budapest on behalf of M7 CEREF II. The purchase is in line with the Fund’s strategy of targeting value-add and core plus office, logistics and industrial investments in the key Central European markets of Hungary, Croatia and Poland.
Colliers’ current leader of the CEE region (excluding Poland) Luke Dawson, Managing Director & Head of Capital Markets in CEE, is promoted to Managing Director, EMEA Cross-Border Capital Markets, as the business makes a major investment into its regional cross-border Capital Markets team in EMEA. Dawson will be based in Londo...
Ferrero extends its office space rented in the Globalworth Tower building. The company will carry out its activity on a total area of 1,660 square meters starting with September 2021.
The Portuguese insurance company Fidelidade – Companhia de Seguros, S.A. acquired BC 140, a multi-tenant office building in Budapest, through its real estate investment arm, Fidelidade Property, for €24,5m. The asset was acquired from a fund managed by DWS, on behalf of the real estate fund Grunbesitz Global.
A première will take place on 3 May 2021, when Deutsche Hospitality opens the IntercityHotel Budapest. The hotel, realised by the B&L Group, will be Deutsche Hospitality's first property in Hungary. Located right next to Keleti Railway Station, it will also feature latest generation IntercityHotel interior design by Matteo Th...
The Login Business Park is set to expand with a new hall offering more than 5000 sq m in floor space. The park is owned by develper Wing. The project responds to distinct market needs reflecting increasing demand and increasing interest in the park. The market was quick to signal the necessity of the construction project, wit...
John McKie will join CA Immo Hungary as Managing Director from 1 June 2021. In this function, he takes over responsibility for the Hungarian business activities, including asset management, leasing, marketing and tenant relations.
The shopping center investor Deutsche Euroshop published its preliminary and as yet unaudited results for the 2020 financial year. The coronavirus pandemic has left a clear mark on both the operating and measurement result. The negative repercussions currently look set to continue for the current financial year due to the ong...
Ede Gulyás will join Colliers Hungary on February 1 to take up the position of Director and Head of Office Agency. Ede comes over from CA Immo, where he spent almost 20 years, the last 10 of which as Country Manager. Ede has a background as an economist with an MBA degree and has been leading all asset management activities i...
M7 Real Estate has acquired a modern, multi-tenanted office property in Budapest, Hungary on behalf of M7 CEREF II, for €12.35 million. The acquisition is in line with the fund’s strategy which targets value-add and core plus office and logistics / industrial properties in key Central European markets, including Croatia, Hung...
Avison Young expands operations in Central Europe, announces strategic affiliation with Limehouse to deliver commercial real estate advisory in Hungary.
Culture impacts everything in day-to-day life, from food to housing choices. Although within one continent, European countries differ significantly – and this includes their views on housing habits. In the UK, renting is often seen as less favourable and every UK resident appears to be in a rush to get onto the property ladde...
Resolution Property has completed the acquisition of a ca. 37,200 m² office portfolio in Budapest, Hungary. The portfolio is comprised of two fully let, recently refurbished, class-A office buildings, Margit Palace and Buda Square, acquired from CEE focused Hungarian fund manager Adventum Ltd.
IHG (InterContinental Hotels Group) has signed a management agreement with Granit Polus Group for a compelling property to be re-branded to Crowne Plaza Budapest in 2021.
Katalin Honi has just been appointed new Head of Property and Facilities Management for Colliers International in Hungary. She will specifically focus on both business development and on managing the existing portfolio.
The latest research from the international rental marketplace, Spotahome, has revealed that just six European capitals have seen the cost of renting fall over the last year. Spotahome analysed monthly rental data across each capital city in the EU, as well as London, and found that the cost of renting has increased by 3% on a...