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Subdued Office Development Activity for 2023

A limited number of office development projects are expected to be undertaken in the immediate future. Developers are exercising caution given an uncertain geopolitical and economic market environment that impacts development costs, debt financing, leasing and take-up, maintenance and property management fees, as well as the possibility of an exit strategy. ....

Benjamin Perez Ellischewitz , Mike Edwards , Avison Young , Csaba Zeley , Kata Mazsaroff , Cushman Wakefield , Horizon Development , Weston International , Budapest Research Forum , Property Market , Europa Capital , Liberty North , Zsolt Ber ,

Challenges of CBD Development Lead to Multiple Budapest Office Districts

One of the significant challenges for office developers in Budapest is to source suitably-sized development plots with direct public and private transport links that provide visibility. All this at a time when competition for such space in a relatively compact city is becoming more intense and consequently more expensive. ....

Cushman Wakefield , Noah Steinberg , Horizon Development , Budapest Research Forum , Colliers International , Business Center , Weston International , Central Business District , Central Pest , Central Buda , Business Campus , South Buda , Property Market , Budapart Downtown , Southern Buda , Groupama Gan , Eiffel Palace ,

Datatec takes profit hit from chip shortages, but still declares R2.7bn special dividend

Datatec, whose operations span North America, Latin America, Europe, Africa, the Middle East and Asia-Pacific, says an ongoing semi-conductor chip shortage continues to erode its profits, but it is still making a hefty special payout after asset disposals. ....

Jens Montanana , Analysys Mason , Logicalis Latin America , Weston International , North America , Latin America , Middle East , Thursday Datatec , Ft Systems ,