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Challenging Market Environment Means Limited Office Pipeline

Challenging Market Environment Means Limited Office Pipeline
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Budapart Corso , Attila Madler , Kata Mazsaroff , Cushman Wakefield , Valter Kalaus , Office Corridor , Millennium City Center , Budapest Research Forum , Prolific Developers , Liget Center Auditorium , Business Center , Weston International , City Center , Robertson Hungary , Central European , Property Market , Central Pest , South Buda , Budapart Central , Budapart Harbor , Liberty South Wing , Liberty North Wing , Corvin Innovation Campus , Millennium Gardens , Non Central Pest , Bayer Property Hungary ,

Hungary's Light Industrial Boom Continues Apace

The industrial market is booming, with leading CEE regional industrial park operators and Hungarian developers participating in an increasingly active market. That has grown on the back of increasing logistics activity in the COVID-19 and post-pandemic environment and greater industrial space requirements needed to meet significant FDI demand, notably in the electric vehicle and EV-related industries. ....

Szabolcs Szatmábereg , Czech Republic , Zsuzsanna Hunyadi , Cushman Wakefield , Weston International , Budapest Research Forum , Greater Budapest , Central European , Far Eastern , Robertson Hungary , Prologis Park Budapest , Hungarian Futureal , Hungarian Infogroup ,

Sustainability, ESG, and EU Taxonomy to the Fore

Industrial and logistics developers are delivering ever more complex products in response to stricter ESG, EU Taxonomy and sustainability regulations. Further, a shift towards built-to-suit development gives greater scope to meet tenant specifications, beginning with consultations in the initial design phase and continuing throughout construction. ....

Helloparks Magl , Anna Bencze , Cushman Wakefield , Zsuzsanna Hunyadi , Budapest Research Forum , Weston International , Greenfield Development , Robertson Hungary , New Construction , Western European , Helloparks Assistant , Tibor Mass , Hungarian Infogroup ,

Higher-specified Office Projects the Order of the Day

The Budapest office pipeline is low; developers are exercising caution, and new projects are being put on hold given the uncertain economic, geopolitical, and cost environment. However, ongoing schemes are progressing, despite these issues and concerns over letting, office working practices and even how much time is spent in the office. ....

Czech Republic , Csaba Zeley , Aurelia Luca , Zsombor Barta , Jana Vlkov , Kata Mazsaroff , Cushman Wakefield , Weston International , Budapest Research Forum , Western European ,

Limited new Office Development in Budapest

The Budapest office pipeline is limited; builders are exercising caution, and new projects are not being initiated in an uncertain environment. Concerns include geopolitical issues, longer-term letting and demand, office working practices and the time spent in the office, rising development and construction costs, increasing maintenance and energy costs and more expensive debt finance. Despite this, ongoing projects are continuing. ....

Attila Madler , Regina Kurucz , Cushman Wakefield , Csaba Zeley , Budapest Research Forum , Weston International , Liget Center Vitrum , Liget Center , Liget Center Classic , Central Business District , Hungarian Buildext ,