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Articles tagged CBRE

M7 Real Estate’s Central European Fund acquires another Property in Budapest

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.

Record in Hungary’s commercial Real Estate market

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.

CBRE: One of China's largest LED manufacturers expands from its Hungarian logistics center

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.

100% occupancy rate at the M0 Central Business Park

Within the framework of this year's second-largest lease transaction, FM Logistic extended its contract and increased its rental area at the M0 Central Business Park. With the new 21,170 square meters total area lease - supported by property consultant CBRE - the industrial park is now completely full.