Economic uncertainty is beginning to impact investment activity in Europe’s commercial real estate (CRE) market, as shown by the data recorded for Q2 2022 in the latest Capital Markets Snapshot for Europe, the Middle East and Africa (EMEA) by Colliers. Providing balance, the Q2 assessment also suggests that the forecast of any impacts will vary […]
The Hungarian real estate development company Graphisoft Park SE increased its profit in the first quarter with almost the same real estate portfolio, according to a statement published on the website of the Budapest Stock Exchange (BSE) on Tuesday. The company's earnings before interest, tax, depreciation and amortization (EBITDA) increased year-on-year from EUR 3.566 million […]
Commercial real estate in Europe, the Middle East and Africa withstood Russia’s invasion of Ukraine in the first quarter of the year, but future impacts are unclear. That is according to the latest Capital Markets snapshot for the region released by Colliers in Budapest this Monday. The report states that the first quarter of 2022 […]
The Budapest Research Forum, which comprises the real estate firms CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary, has published its Q4 2020 office market summary. In the fourth quarter of 2020, 38,850 sqm of new office space was delivered to the Budapest office market in four schemes. Váci Greens E […]
The COVID-19 pandemic has not affected the Budapest office building site Graphisoft Park as badly as many other businesses, according to the Interim Management Report published this Thursday. The first wave of COVID-19 crisis affected Graphisoft Park less seriously than earlier expected, however general expectations still show uncertainty for years 2020 and 2021, the report […]
The 630,000 m2 of certified green office space as of 2015 year-end had increased to over 1,500,000 m2 by the end of 2019, more than doubling the amount of green office space. This represents 40% of the total modern office stock. There have also been doubles in the number of certified office buildings or office […]
Following preliminary negotiations Rába Automotive Holding Plc. received an offer from one of Europe’s leading multinational trading companies to buy a part of its immovable property in downtown Győr. The part of the area known as Városrét, dedicated for commercial use, is going to be utilized as a result of years of preparatory work and […]
