News in 2015

News and press releases in 2015

  • S IMMO office buildings strengthen market position

    December 17, 2015 - A new star has appeared recently and is rising on the office market in the downtown theatre district of Budapest. Podium Office building was vacated one and a half years ago, and has since undergone a complete renovation. The building is owned and operated by an Austrian investor, S IMMO AG and its Hungarian subsidiary, while marketing and the exclusive leasing consultancy is done by Colliers International Hungary. So is another office building in S IMMO’s portfolio: Blue Cube which received a BREEAM In-Use Very Good classification in the Asset and Building management categories.

  • Pilkington AGR Hungary moves to Lurdy Logisztika Soroksár Centre

    November 16, 2015 - Lurdy Logisztika Soroksár, operated by Lurdy Ház Kft. welcomes its new Tenant. Thanks to Colliers International, Hungary’s leading car glass retailer and wholesaler company, Pilkington AGR Hungary has contracted a long-term, warehouse, workshop and office area on 5,000 sq m.

  • Bluehouse Capital exits Infopark E

    August 17, 2015 - A significant investment transaction was recently completed in Budapest. The Hungarian office of Colliers International represented the seller, Bluehouse Capital, in the sale of Infopark E to a fund managed by Diófa Asset Management. The transaction represents the largest single asset deal in Hungary in 2015. Infopark E is the newest building within the prominent Infopark development project, located in the best performing South-Buda submarket.

  • Jay S. Hennick Appointed Chairman & Chief Executive Officer of Colliers International Group Inc.

    TORONTO and SEATTLE, June 22, 2015 -- Colliers International Group Inc (Nasdaq:CIGI) (TSX:CIG) announced last week the appointment of Jay S. Hennick as Chairman and Chief Executive Officer and Dylan Taylor as President and Chief Operating Officer. These appointments follow the resignation of current CEO Douglas Frye.

  • Logistics market – an attractive asset class of late - Colliers International completed its second logistics transaction in 2015, selling inNove Business Park.

    June 2, 2015 – Increasing investment activity coupled with easing pressure on rents and a sharp drop in vacancy rates in the Budapest industrial, logistics market - these are the main observations of experts, lately. The long awaited recovery is finally visible building momentum on the back of strong leasing activity pushing vacancy rates to record low level since 2008.

  • Colliers International Becomes an Independent Public Company

    TORONTO and SEATTLE, June 1, 2015 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (Nasdaq:CIGI) (TSX:CIG) and FirstService Corporation (Nasdaq:FSV) and (TSX:FSV) today announced the completion of their separation into two independent, publicly traded companies – Colliers International Group Inc. ("Colliers") and new FirstService Corporation ("FirstService"). Colliers's shares are expected to begin trading on The NASDAQ Stock Market ("NASDAQ") under symbol CIGI and the Toronto Stock Exchange ("TSX") under symbol CIG on June 2, 2015. The spinoff establishes Colliers' place as one of the leading publicly traded commercial real estate firms in the world.

  • Colliers and East-West Business Center collaborate in multiple tasks

    May 19, 2015 - Colliers International and Peakside Capital join forces on multiple levels, as the real estate consultant company becomes responsible for organizing property and facility management as well as office and retail leasing tasks in East-West Business Center, a landmark building in Budapest city centre, on Astoria.

  • New professional at Colliers International Hungary’s Office Agency Team

    March 18, 2015 – The Hungarian office of Colliers International announced that Ferenc Trexler joined the Office Agency Team as Associate Director, Head of Landlord Representation from March 2015.

  • 30% of all office area is expected to be green by the end of 2015

    March 3, 2015 – In 2014 green office area continued to grow rapidly, now the stock of green offices is exceeding 23% of the entire stock. Taking into consideration the size of offices currently being under certification, this number will grow to 30% by the end of 2015. – said Norbert Szircsák, Senior Associate at Colliers International’s Green Advisory Services on the occasion of releasing the real estate consultant firm’s yearly green certification report.

  • Recovery sold its industrial property in Budapest

    February 23, 2015 - Recovery Property Utilisation and Services Zrt., an affiliate company of CIB Group sold its industrial property located in the 10th district of Budapest with a total land area of 34 670 sqm and a total building area of 5 545 sqm. – said Andrea Pusztai, Associate Director at the Industrial Agency of Colliers International Hungary, who represented the Seller in the transaction. New Owner of the industrial property is Morgan Advanced Materials, a world leader in advanced materials.

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