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Property market
Two new "flagships" in the Andrássy út PDS
ImageThe Andrássy út Paris Department Store (PDS), owned and recently fully renovated by Orco Property Group has successfully acquired two new tenant additions with the contribution of Colliers International real estate agency. Israeli AHAVA – maker of Dead Sea cosmetics – will open an exclusive shop on August 15 in PDS.
 
Budapest hotel development market ahead of dreadful times
ImageAlthough in the field of hotel development Budapest remains vibrantly active, projects that are still in the planning phase more frequently get reconsidered and postponed. This real estate segment will weaken further in the future, said Ákos Balla, Director of ...
 
City logistics is still popular in spite of the economic crisis

ImageAnother lease agreement has been signed in Citypoint9 in the IXth district in June, 2009, this time for the last available unit of Building “B”. The project that is located in the center of Budapest has great achievements in spite of the economic crisis; due to the latest transaction, Building “B” with its 6,300 sqm has reached 100% occupancy rate.

 
Domestic and international award for Colliers

ImageEach year, international outsourcing alliance IAOP (International Association of Outsourcing Professionals) and Fortune Magazine publishes its ”Top 100” list of prominent companies that provide their partners with an outstanding consultancy or services background within a wide range of operations.

 
Arena Corner at the centre of "bank expansion"
ImageArena Corner Building, owned by the Endurance Fund and managed by Orco Property Group, is pleased to announce it will add another financial service provider, Allianz Bank, to the list of banking occupiers already present in the building.
 
Viktória, the illustrious "third"
ImageSome seven months have passed since the latest news at Viktória Industrial Park in Üllő, a then shell-and-core logistics building was presented to the press and the participants of the real estate industry. Despite the general difficult...
 
From the Shade to the Limelight?

ImageReal estate advisors and tenants generally focus on Class A office buildings on today’s market. However, thanks to an intensifying competition and a changing market, the Class B and C market, which has for long been in the shade, are also gaining attention.

 
Residential Market Snapshot in the View of the Euro Exchange Rate (4.)
ImageAll the participants on the real estate market pay great attention to the movements of the exchange rate of the Hungarian Forint (HUF) versus other currencies. In the last one of the sequence of four analyses, experts of international...
 
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