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Futureal Group’s Cordia to roll out 1,660 new residential units

Futureal Group’s Cordia to roll out 1,660 new residential units
Cordia, Futureal Group’s residential development subsidiary, has announced the largest roll-out of residential development projects in Hungary by any developer in the last 20 years, according to a press statement sent to the Budapest Business Journal today. Read more

E.ON moves to V17, aided by CBRE

E.ON moves to V17, aided by CBRE
In what it says is the largest tenant move in the Budapest office market thus far this year, a total of 600 employees of energy provider E.ON Hungária Zrt. have moved into the V17 office building on Váci út, taking up their new workplace in three weekends from the end of August, supported by a CBRE project management team, the commercial real estate company said in a press statement sent to the Budapest Business Journal today. Read more

Stop Shop retail parks increasing in Hungary, Slovakia

Stop Shop retail parks increasing in Hungary, Slovakia
With the acquisition of a total of eight locations in Hungary and Slovakia, commercial real estate group Immofinanz is continuing the expansion of its Stop Shop retail park portfolio, according to a press release sent to the Budapest Business Journal today. Total purchase price for these properties of approximately EUR 79 million. Read more

CPI completes warehouse near Budapest airport

CPI completes warehouse near Budapest airport
Real estate firm CPI has finished the construction of a 6,700 square-meter warehouse for BTS Logistics in the Airport City Logistics Park in Vecsés, near Budapest’s Liszt Ferenc International Airport, according to a press release issued today.  Read more

Balance Building reaches 80% occupancy

Balance Building reaches 80% occupancy
Real estate firm CPI Hungary has handled 2,500 square meters of leases in the Balance Building on Budapestʼs Váci út office corridor in the past three months, reaching a tenancy rate of 80%, according to a press release issued today. Read more