ARTICLES LABELLED WITH TAG BRF

News Office demand in Budapest up 21% in H1 2024
18
Jul
2024

Office demand in Budapest up 21% in H1 2024

by Property Forum
Total demand for office spaces in Budapest was up 21% year-on-year to 238,400 sqm, of which net take-up accounted for 105,860 sqm, according to the Budapest Research Forum (BRF).
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News Net office take-up grows significantly in Budapest
23
Apr
2024

Net office take-up grows significantly in Budapest

by Property Forum
The office vacancy rate increased to 13.8% in the first quarter of 2024, representing a 0.4 pps growth quarter-on-quarter and 1.5 pps increase year-on-year. However, the net take-up showed a healthy 25% growth, the Budapest Research Forum (BRF) reports.
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News Office vacancy increases again in Budapest in Q4 2023
22
Jan
2024

Office vacancy increases again in Budapest in Q4 2023

by Property Forum
Total demand in 2023 amounted to 464,570 sqm, while net take-up reached 238,250 sqm in the same period. Total demand increased by 19%, while net take-up showed a 21% growth compared to 2022, the Budapest Research Forum (BRF) reports.
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News Office vacancy rate climbs again in Budapest in Q3 2023
16
Oct
2023

Office vacancy rate climbs again in Budapest in Q3 2023

by Property Forum
The office vacancy rate in Budapest increased to 13.2%, representing a 0.6 pps growth quarter-on-quarter and a 2.2 pps increase year-on-year. Two smaller buildings have been handed over while the demand has increased by 14% compared to the previous quarter, the Budapest Research Forum (BRF) reports.
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News Industrial stock and vacancy on the rise in Hungary in Q2 2023.
24
Jul
2023

Industrial stock and vacancy on the rise in Hungary in Q2 2023.

by Property Forum
In Q2 2023, the Greater Budapest speculative industrial stock increased by 65,580 sqm, adding six buildings to the stock, while in Regional Hungary, one new building was handed over. The vacancy rate at the end of Q2 2023 was 8.6% in Greater Budapest, an increase of 270 basis points quarter-on-quarter and an increase of 220 basis points year-on-year, the Budapest Research Forum (BRF) reports.
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News Office vacancy goes up again in Q1 2023 in Budapest
28
Apr
2023

Office vacancy goes up again in Q1 2023 in Budapest

by Property Forum
The office vacancy rate increased to 12.2%, representing a 0.9 pps increase quarter-on-quarter and a 2.4 pps increase year-on-year. Total demand reached 76,660 sqm, which is 24% lower than the value registered in the previous quarter, Budapest Research Forum reports.
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News Industrial vacancy rises sharply in Q1 2023 in Hungary 
28
Apr
2023

Industrial vacancy rises sharply in Q1 2023 in Hungary 

by Property Forum
In Q1 2023, the Greater Budapest speculative stock increased by five buildings, totalling 111,330 sqm, while in regional Hungary, four new buildings were handed over, totalling 45,835 sqm. As a result, the vacancy rate has risen sharply from 3.8 to 5.9%, Budapest Research Forum (BRF) reports.
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News Renegotiations drive Bratislava's office market
02
Feb
2023

Renegotiations drive Bratislava's office market

by Property Forum
Lease transactions in the Bratislava office market in the fourth quarter of 2022 reached a total area of 54,532 sqm, which represents around a 41% increase in leasing activity compared to the previous quarter, the Bratislava Research Forum reports.
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News Office vacancy rises again in Budapest
31
Jan
2023

Office vacancy rises again in Budapest

by Property Forum
The office vacancy rate in Budapest increased to 11.3%, representing a 0.3 pps increase quarter-on-quarter and a 2.1 pps increase year-on-year. Net absorption has remained positive by the end of the fourth quarter, amounting to 53,480 sqm and reaching 158,510 sqm year-to-date, the Budapest Research Forum (BRF) reports.
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News Industrial stock rises sharply in Hungary in 2022
27
Jan
2023

Industrial stock rises sharply in Hungary in 2022

by Property Forum
In 2022, a total of 333,210 sqm of new industrial/logistics space was added to the Greater Budapest stock, the Budapest Research Forum reports.
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Latest news


New leases

  • Borg Automotive Group will move into new premises at HI Piotrkowska office building in Łódź in February 2025. It will occupy approximately 300 sqm. Brookfield Partners supported the tenant in the negotiation process.
  • TK Maxx shop will be opened at Ferio Konin (central Poland). The brand will occupy 2,000 sqm of space in the extended part of the shopping centre.
  • In November, RTV Euro AGD will open four new shops in four Polish cities: Wrocław, Mikołów, Bydgoszcz and Szczecin. Shops will be opened in Galeria Dominikańska in Wrocław (sales floor area of 950 sqm), Park Handlowy in Mikołów (570 sqm), CH Focus in Bydgoszcz (555 sqm) and Vendo Park in Szczecin (480 sqm).

New appointments

  • From November 1st 2024, Izabela Potrykus is to take on the role of head of the leasing team at CPI Property Group (CPIPG) and take on responsibility for 20 office buildings with a combined area of 516,000 sqm.
  • Knight Frank continues to strengthen its European management team with the appointment of Charles Taylor as CEO of Knight Frank Poland. He is a former Managing Director of Cushman & Wakefield Poland.
  • Immo lab, a consultancy specialising in strategic investment advice in the real estate sector, announces that Bartłomiej Ciemała is joining its team to take up the position of director of investment development.

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