ARTICLES LABELLED WITH TAG hungary
25
Oct
2022
Oct
2022
Living starts first residential project in Buda
Construction of the Római Part residential park by Hungarian developer WING’s umbrella brand Living is already underway just off the riverbank of the Danube in Budapest. The 257-unit complex is the closest residential development of this size to the river.
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25
Oct
2022
Oct
2022
Buda Bright complex reaches highest point in Budapest
Indotek Group’s first large-scale residential project in Budapest, Buda Bright, was launched in March 2021 and is planned to be handed over at the end of next year.
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21
Oct
2022
Oct
2022
Speculative industrial stock rises sharply in Hungary
In Q3 2022, the speculative industrial stock in Greater Budapest was expanded by eight buildings, a total of 145,390 sqm, while four new buildings were handed over in Regional Hungary, with a total of 33,380 sqm, Budapest Research Forum (BRF) reports.
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20
Oct
2022
Oct
2022
GRAWE Group buys Máriássy office complex in Budapest
Wing has sold the Máriássy office complex in Budapest to GRAWE Immo AG, part of the GRAWE Group. Wing purchased the plot and developed the office buildings in 2003-2005. Financial details were not disclosed about the deal.
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18
Oct
2022
Oct
2022
New office supply increases significantly in Budapest
In Q3 2022, the volume of new supply in Budapest's office market increased significantly compared to the previous quarter, marking the highest volume since Q2 2020, the Budapest Research Forum (BRF) reports.
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18
Oct
2022
Oct
2022
ESG is rewriting the rules of office leasing
ESG is rewriting the rules of office leasing with the attitude of landlords, tenants and service providers gradually changing. During a panel discussion recently organised by CEE-based flex space provider New Work at Science Park in Budapest, market experts discussed the topic in detail.
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17
Oct
2022
Oct
2022
VGP completes first phase of VGP Park Budapest Aerozone
VGP, the European company that develops, manages and owns high-quality logistics and semi-industrial real estate, has handed over a 10,000 sqm warehouse building to Boxy Logisztikai Zrt.
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14
Oct
2022
Oct
2022
Cordia to launch huge residential project in Budapest
Hungarian residential developer Cordia, a subsidiary of Futureal Group, will soon launch a new large-scale district renewal development in Budapest.
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12
Oct
2022
Oct
2022
HelloParks starts large project in Budapest's agglomeration
The first column of the first 58,000 sqm warehouse in HelloParks' Páty megapark has been placed. The nearly €70 million investment will be the largest contiguous warehouse in Budapest's agglomeration and it is HelloPark's largest project to date.
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11
Oct
2022
Oct
2022
Cordia's new resi project reaches highest point in Budapest
The i6 Residence is near Central Europe's largest urban regeneration development area, the Corvin Promenade and is scheduled to be handed over in 2024.
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Latest news
- Romanian mortgage market grows 6.4% with regional shifts
- Cordia starts new resi investment in Bucharest
- Liquidity is strong, but the real challenge is finding the right assets
- Prague office vacancy hits lowest level since early 2020
- YIT Slovakia appoints new Managing Director
- Business Park Sofia transforms into mixed-use project
- Natland acquires office building in Bratislava from PSS
- Panattoni's development pipeline in Poland close to 850,000 sqm in 2025
- Speedwell starts construction of mixed-use project in northern Bucharest
- Terranova Logistic Park sold to investor group
New leases
- BIPA, the drugstore brand of the German REWE Group, has opened the first store in Romania at Bucharest-based Mega Mall. The unit’s leasable area stands at around 370 sqm.
- M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
- dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.
New appointments
- Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
- Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
- CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.
