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Office Market News

Experienced Professional Flóra Baranyi joins the ConvergenCE Construction & Project Management Team

Flóra Baranyi is a valuable addition to the project management team led by Gábor Kovács

Dear Partners, Dear Readers

It has been an exciting year and we are proud to have you with us in 2023.

Specialty coffee shop opens in ACADEMIA office building

From 11 December on, enthusiasts of specialty coffees and doughnuts can find a new favorite spot in the heart of Budapest. BADASS Coffee & Donut has moved to the ground floor of ACADEMIA, where fans of light-roasted coffee can recharge in the unique atmosphere of the modern lobby.

The ACADEMIA office building is nearing handover

Located in the heart of Budapest, the ACADEMIA office building is officially approaching the completion of its renovation.

Focus on real estate trends in Luxembourg

The years go by and look alike in the real estate market. 2021 was a new record year in terms of transactions for office real estate. As for retail, the market, which has benefited from the e-commerce boom due to the pandemic, is showing a "bipolar" trend, according to experts. In a residential market characterized by insufficient supply, the apartment segment was the big winner. The rise in the price of new housing is driving demand for existing apartments. And the issue of affordable housing in the country remains...

GTC Hungary: only clean energy from 2023

Beginning in 2023, GTC Hungary will use 100 percent green electricity in all its commercial properties as an important step in its energy management and sustainability strategy.

VEEVA Systems relocates Budapest office to Roseville Developed by ATENOR

Veeva Systems Hungary, the Hungarian unit of Veeva Systems Inc. has decided to relocate its Budapest site to RoseVille, developed by ATENOR Hungary. The new office will be handed over in 2023 on the top floor of the brand new office building.

Office investment dominated the first half of 2022, as the most traded asset type in the CEE-15 countries

The investment volume for office assets accounted for EUR 2.5 billion which was 42% of the total investment volume in H1 2022 in the CEE-15 region
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