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 Budapest’s industrial real estate market stabilized last year, and this has continued throughout the first half of 2011. The market shows signs of balance both in terms of supply and demand as well as rents, and we expect only a slight improvement in the near future.
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 The total investment transaction volume on the Hungarian real estate market is estimated to have been around €283 Mln in the first half of 2011, which includes only transparent investment transactions. “This is generally in line with our expectations at the end of 2010. Of this total, however, a significant portion was from regional and international deals.” |
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 The newly handed over Duna Bellview Office Building obtains its second tenant and reaches 40% occupancy. „The prominently located Duna Bellview Office Building, exclusively represented by Colliers International Hungary, has signed a lease agreement with Kyäni Hungary Ltd., a healthcare food supplementary distributor company. The new tenant leases nearly ...
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 Audatex Magyarország Gépjármû-Számitástechnikai Kft., subsidiary of the American Solera company, will relocate this year to Dévai Center which is located near the Váci út office corridor in the 13th district – told us Kata Mazsaroff, associate of the office agency at Colliers. |
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 The first successful leasing transaction was realized following a long process of negotiations in South Base Project, Dunaharaszti. The new Tenant is Halton Clean Air, a company with Finnish background, their business activity is manufacturing and trading with indoor air-filter systems; the leased area is ... |
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 South Buda Business Park (SBBP) welcomed a new tenant in tower ‘A’ in Q3 of 2010. KIA Motors, one of the key sponsors of the Football World Cup 2010, had moved into their new office in Újbuda with Colliers International’s involvement – told us Kata Mazsaroff, associate of the office agency at Colliers International.
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 Citypoint9 logistics center located in District 9, has welcomed Sprinter Courier Service Company as a new tenant. The courier service company was founded in 1997, and now it is one of the most dynamically developing Hungarian parcel logistics service providers.
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 Colliers International offices in the Central & Eastern Europe have officially adopted the new Colliers International market position and brand, including a modernized logo, as part of a campaign being undertaken by offices around the globe to bring Colliers International real estate professionals and service lines under one enterprise. |
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Colliers International CEE has announced the appointment of Tim Nicholls to Managing Director, CEE Valuation & Advisory Services. Tim, who will be based in Prague, will have full responsibility for the company’s valuation business across Poland, Czech Republic, Hungary, Slovakia, Romania, Bulgaria and the Ukraine.
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