The winning proposals of the 1st year of the CTP Art Wall international competition were announced this week in the Manes Gallery in Prague. A jury of experts from CTP, CBRE and others chose two of the most successful visuals from artists with pseudonyms DZIA from Belgium and Michal Škapa alias TRON, which will be implemented on the selected CTPark walls in the following months. This will create a unique outdoor art gallery. CTP awarded each of the winning artists with a financial reward worth a total of 100,000 CZK.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q1 2017 industrial market snapshot.
Following its 2016 debut to the Hungarian market M7 Real Estate’s Central European Fund (“M7 CEREF”) has further increased its presence in Budapest. In March 2017 the 62,000 sq m Aerozone logistics centre near Ferenc Liszt Airport was acquired by the fund which is managed by M7 Real Estate. In what is a developing partnership, M7 Real Estate has again appointed CBRE as the property manager and leasing agent for Aerozone as it did at the previous transactions in 2016.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q4 2016 industrial market snapshot.
The Construction and Investment Journal (CIJ), one of Europe’s leading real estate magazines has awarded the best property market companies and projects in Hungary this year as well: the winner of the Best Warehouse Power Broker Team category was CBRE’s industrial agency team.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q3 2016 industrial market snapshot.
The European industrial and logistics investment market experienced a record breaking H1 investment volume this year, despite a slower Q2. In Hungary, the vacancy rate slipped to 6.6%, and developers’ activity is on the rise according to the latest research data of CBRE.
There was a significant increase in demand in Hungary for income-producing industrial properties bought for investment purposes in the past two years. China's Shanghai Feilo Acoustics owned Inesa Europe purchased more than 16,000 square meters of industrial property under such a deal. The distribution center located at Dunakeszi serves the European customers one of the largest LED manufacturers in China.
