VGP has announced the appointment of Gergely Somogyi as Commercial Director for VGP Hungary. With Gergely's arrival, Laszlo Balogh will be able to focus more on land acquisition and development of new plots to support the strong demand and future development on the Hungarian market.

Aurelia Luca, Executive Vice President of Operations in Romania is now expanding her area of responsibility by taking over the Hungarian market as well. 

Robertson Hungary, a provider of real estate services in the field of property acquisition, vendition, leasing, valuation in the sectors of office, retail, hotel, industrial and logistics, announced that it is acquiring BNP Paribas Real Estate Hungary, a company specializing in property, project and financial management services in the Hungarian real estate market, to strengthen its position and broaden its business activities. The purchase of BNP Paribas Real Estate Hungary, based in Budapest, further increases Robertson Hungary’s share in the real estate market.

Diófa Asset Management has appointed Roland Bogár as its new Real Estate Investment Director, the company said in a press release. Bogár has nearly 15 years of real estate experience, during which time he has taken part in numerous property deals in Hungary and in the CEE region. He will now play an active role in coordinating activities related to Diófa's real estate portfolio and in setting the direction of the company's property strategy.

Colliers today announced that Monika Rajska-Wolińska has been promoted to Chief Executive Officer (CEO) of Colliers in Central and Eastern Europe (CEE), now including Bulgaria, Czech Republic, Hungary, Poland, Romania, and Slovakia, effective from 01 August 2021.

The Supervisory Board of CA Immo decided on the upcoming succession of the current CEO Andreas Quint, who will retire when his Management Board mandate expires on 31 December 2021. Silvia Schmitten-Walgenbach is appointed as the new CEO with effect from the beginning of 2022 for a period of three years until December 31, 2024.

Spanish-based developer Gran Via has appointed Antoanela Comșa as the new President of its Romanian operations. She is replacing Jose Aguinaga, who will remain the main shareholder of the company.

Immofinanz was informed that the RPR Privatstiftung sold its entire shareholding in RPPK Immo GmbH, which holds a total of 13 million Immofinanz shares and 5 mandatory convertible notes issued by Immofinanz , to Eurovea Services, s.r.o. Sole shareholder of Eurovea Services, s.r.o. is Peter Korbacka.

Knight Frank CSEE has announced the expansion of its European network with a new commercial property office in the heart of Athens.

Avison Young today announced an expansion of its service delivery to clients across Europe with the addition of GVA Real Consult in Austria. It will rebrand as Avison Young. The expansion within DACH builds on the recent growth of Avison Young across Central and Eastern Europe.