RECORD IN HUNGARY’S COMMERCIAL REAL ESTATE MARKET
CBRE awarded best industrial agency in Hungary by CIJ
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 also this year: the winner of the Best Warehouse Power Broker Team category was CBRE’s industrial agency team.
In the first half of 2016 the industrial agency team of CBRE was involved in 78% of all commercial transactions in Budapest, which is a record in the history of the Hungarian commercial real estate market. In 2016 the CBRE team had a significant involvement also outside of the Budapest region, in the selling and leasing of industrial properties in Tatabánya, Dunakeszi and Szigetszentmiklós.
The growth of industrial production and of the logistics services have resulted in more and more new transactions in the Hungarian commercial real estate market. In several cases property owners decided to further developments after the CBRE Industrial Agency managed to contribute in new significant pre-lease and rental contracts and in the extension of existing contracts – so, we feel that we have earned the prestigious CIJ Award this year.
The CIJ Awards
The Construction and Investment Journal (CIJ) Europe founded the “CIJ Awards” in 2000, which is presented annually to the best actor in the property market and to the best property market project in various categories. Entries are shortlisted by a jury of acknowledged property market experts, and the winners of the categories are chosen in an open vote.