News in 2011 news

News and press releases in 2011

  • OBI on Fogarasi út has new owner

    December 7, 2011 - Colliers International Hungary advised ERSTE Real Estate Fund, in the acquisition of the OBI store located on Fogarasi Street, Budapest, Hungary.

  • Colliers International recognized as Best Agent of 2010 in Retail and Hospitality

    March 10, 2011 - Colliers International was awarded the Best Agent of 2010 in the Retail & Leisure category at the recent 8th Annual CEE Real Estate Quality Awards.

  • Refurbishment results in lease extension

    March 7, 2011 - Carion Property Fund in co-operation with the tenant converted its industrial facility located on Illatos út by creating high class office areas, meanwhile the storage areas were expanded and modernized. Generally Illatos út is well-known for Class “B” and “C” industrial properties where the modernized Carion property stands out with its high quality.

  • Westlog Distribution Center: 11,500 m2 lease agreement signed

    March 3, 2011 - WestLog DC, the state-of art warehouse-distribution center, has started year 2011 by signing an 11,500 m2 lease agreement with Foxconn CNSBG, the solution provider of network communication products.

  • EPTA Group will move to Mark Center

    March 2, 2011 - EPTA Group, European market leader in the commercial refrigeration field will move to Mark Center in March 2011. The Italian company will establish its first office in Hungary – told us Kata Mazsaroff, office consultant at Colliers International Hungary who introduced the client to the building.

  • ADDICT Interactive chose BFI Office Building

    February 24, 2011 - Addict interactive will relocate to Bánát-Fehérvári Office Building (BFI) in March 2011. The advertising company, established in 2002 specializes in integrated online marketing solutions, contracted for 208 sqm – told us Kata Mazsaroff, office consultant of Colliers International Hungary, who introduced the client to the building.

  • Improving atmosphere on the office market

    February 16, 2011 - Due to the latest office market report of Colliers International, following the dramatic mood of 2009, when the players of the Hungarian office market experienced the most difficult times, the overall mood improved last year, with take-up increasing and vacancy slowly starting to decrease by the end of 2010, as new completions decreased significantly.

  • Industrial real estate market: Continued stabilization, moderate increase

    February 14, 2011 - Today Colliers International Hungary has published its latest market report about the Hungarian industrial real estate market. The report states, that after a year of records in 2008 and the year of adaptation in 2009, 2010 was the year of stabilization on the Budapest industrial real estate market. The market moved towards a state of balance during the year, in terms of supply and demand, as well as rents.

  • Modest growth and good news on the hotel market

    February 9, 2011 - The Hungarian office of Colliers International has published its latest Hotel Market Report, which states, that in 2010, the number of guests and guest nights grew by nearly 2% in Hungary compared to the previous year. “Primarily hotels benefited from the rise in guest numbers, with growth of around 6% overall, and within this, higher-category four and five-star units fared best, registering growth of around 15%.”

  • The turning point has arrived to the retail market

    February 7, 2011 - Based on the latest retail market report of Colliers International Hungary, following the crisis years of 2008 and 2009, the retail market in Hungary stabilized during 2010 as market players adjusted to the changed conditions. The decline in retail turnover which has been experienced every year since 2006 has stopped and a recovery on the market is slowly but surely starting to take place.

  • South Base Project, Dunaharaszti has completed a successful

    February 3, 2011 - Within a short time following the Halton Clean Air transaction, two new tenants have signed a rental agreement for a part of building ’B’ of South Base project, Dunaharaszti. By these transactions, the occupancy rate of the project exceeds 50 %.

  • Both foreign and domestic investor interest has increased in Hungary

    February 1, 2011 - Based on the latest investment market report of the Hungarian office of Colliers international, the total investment transaction volume on the Hungarian real estate market is estimated to have been around €185M in 2010, which includes only transparent investment transactions.

  • First Tenant in Duna Bellview

    January 27, 2011 - The first tenant of Duna Bellview office building is Buildersite construction company. The company leases the third floor since January 2011. – confirmed Kata Mazsaroff, consultant of Colliers International, as representative of the Landlord.

  • Colliers: more tenants on Váci corridor

    January 25, 2011 - Xerox, one of the leading enterprises for business process and document management, has relocated its Budapest office in January 2011. The 1140 square meter headquarter office can be found in the Madarász Office Park. – confirmed Kata Mazsaroff, consultant of Colliers International Hungary, as Xerox’s representative.

  • 2011 - The year of recovery

    January 18, 2011 - The Hungarian office of Colliers International held its regular press conference about the expectations of 2011 for the commercial real estate market. While looking back to last year’s results, Tim Hulzebos, managing director explained 2010 was a year of Change for Colliers International; 10 new management positions were filled in the CEE region including his position.

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