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      <title>CBRE Hungary News</title>
<link>http://www.cbre.hu/hu_en/news_events</link>
      <description>Commerial property news from CBRE </description>
      <language>en-us</language>
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<title><![CDATA[ASIA PACIFIC CONTINUES TO LEAD GLOBAL OFFICE RENT REBOUND]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5428]]></link>
<description><![CDATA[More than half of the office rental markets in Asia Pacific either stabilized or moved into the growth phase during the second quarter (Q2) of 2010, demonstrating that the region continues to lead the global real estate recovery, according to CB Richard Ellis’ (CBRE) latest quarterly Global Office Rental Cycle report. ]]></description>
<pubDate>Mon, 30 Aug 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Darrell Stanaford takes part in PROEstate & Expo Real, fall 2010’s leading real estate market events]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5413]]></link>
<description><![CDATA[Darrell Stanaford, Managing director of CB Richard Ellis in Russia and Ukraine, will take part in the leading international real estate market events this fall 2010 – PROEstate Annual international investment forum in St. Petersburg and Expo Real real estate market and investments exhibition in Munich, Germany. ]]></description>
<pubDate>Fri, 27 Aug 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[UNEVEN RETAIL INVESTMENT MARKET RECOVERY IN CEE]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5405]]></link>
<description><![CDATA[CBRE’s half-year CEE Retail Investment MarketView reveals a sharp increase in investment turnover; confidence revival in prime assets; but secondary markets still challenging]]></description>
<pubDate>Wed, 25 Aug 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CB RICHARD ELLIS REPORTS NEW INFLUENCES EMERGING IN EUROPEAN DEBT MARKET ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5374]]></link>
<description><![CDATA[CB Richard Ellis’ (CBRE) forthcoming European Capital Markets Report shows that whilst average key lending terms have remained relatively unchanged since Q1 2010 across most major European markets, a number of new influences emerged in the second quarter.   ]]></description>
<pubDate>Wed, 18 Aug 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Market expresses confidence in Western European Logistics Sector ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5354]]></link>
<description><![CDATA[Two-thirds of the leading players in Europe’s industrial and logistics property sector identified Western Europe as the most attractive region for logistics investment over the next three years, according to a new survey by CB Richard Ellis (CBRE).  The findings emerged at CBRE’s recent European Industrial and Logistics conference ‘Unlocking the Power of Three’, which was attended by more than 80 investors, developers and occupiers in the sector. ]]></description>
<pubDate>Fri, 13 Aug 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Q2 2010 revenue rose 23% to US$1.2 bln]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5281]]></link>
<description><![CDATA[CB Richard Ellis reports improved financial results for Q2 2010. ]]></description>
<pubDate>Mon, 02 Aug 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[LUXURY FASHION BRANDS DRIVE GLOBAL RETAILER EXPANSION]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5279]]></link>
<description><![CDATA[Luxury goods retailers have emerged as the most active and expansive retail sector, responsible for over 23% of new store openings during the past year, according to the new edition of How Global is the Business of Retail? by leading global real estate adviser CB Richard Ellis (CBRE).]]></description>
<pubDate>Mon, 02 Aug 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[UNCERTAIN CONDITIONS SLOW START OF NEW EUROPEAN OFFICE DEVELOPMENT CYCLE]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5223]]></link>
<description><![CDATA[The combination of an uncertain rental outlook and constrained access to development finance will delay the start of the next European office development cycle, according to a new report by CB Richard Ellis (CBRE).

]]></description>
<pubDate>Mon, 26 Jul 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[European Investment Turnover 2010 Q2]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5180]]></link>
<description><![CDATA[European commercial real estate investment turnover reached €23.5 billion in the second quarter (Q2) of 2010, a 15% increase on the €20.3 billion transacted in the first three months of 2010, according to the latest data from CB Richard Ellis (CBRE). Investment turnover rose despite the stress factors emerging in the broader capital markets, such as the sovereign debt crisis and the introduction of austerity measures by many European governments. Central and Eastern European (CEE) commercial real estate investment turnover reached €1.7 billion in the first half (H1) of 2010, a 190% increase compared to activity levels recorded in H1 2009.]]></description>
<pubDate>Tue, 20 Jul 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE SEES OFFICE RENTS EDGE UP IN OTHERWISE STABLE EUROPEAN REAL ESTATE MARKET]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5171]]></link>
<description><![CDATA[Prime rents and yields across key European markets remained broadly stable in the second quarter (Q2) of 2010, according to CB Richard Ellis’ latest EMEA Rents and Yields Indices. Evidence of rental improvement was most apparent in the office sector, where prime rents rose for the second consecutive quarter and were 1.7% higher than at the end of 2009. While prime rents remained stable in most office markets, increases were registered in the key City of London and Paris markets. Rents in the retail and industrial sectors edged down very slightly. Across all three property sectors, prime rents for the region as a whole were roughly on par with their level of a year ago.]]></description>
<pubDate>Fri, 16 Jul 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Named Business Superbrand for the Third Time]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5141]]></link>
<description><![CDATA[CB Richard Ellis International Property Advisor won the "Business Superbrand” title in Hungary for the third time in a row. The award has been handed out in the country since 2008. ]]></description>
<pubDate>Tue, 13 Jul 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Earns Global Excellence in Outsourcing Award ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5078]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc (NYSE:CBG) today announced that it is the first recipient of Frost & Sullivan’s Global Excellence in Outsourcing Award in the commercial real estate services sector.  In selecting CB Richard Ellis as the world’s premier commercial real estate services outsourcing firm, Frost & Sullivan, a leading research and consulting firm, conducted an exhaustive, independent assessment of the commercial real estate services industry globally.]]></description>
<pubDate>Mon, 05 Jul 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Maturing European Logistics Property Market Increasingly Attractive to Institutional Investors]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5054]]></link>
<description><![CDATA[Changes in the characteristics of the European logistics property market have continued to boost the scale and quality of investable stock and are contributing to the sector's rise as an institutionally-acceptable investment medium, according to latest research from CB Richard Ellis (CBRE).]]></description>
<pubDate>Wed, 30 Jun 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Laurus Offices Select CBRE]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=5010]]></link>
<description><![CDATA[IMMORENT Kft., the affiliate of the Austrian IMMORENT AG (part of the Erste Group) announced the appointment of international property adviser CB Richard Ellis as the exclusive letting agent of Laurus Offices. One third of the office complex is already let with BDO Forte auditing and tax consulting company having signed a pre-lease for building C.]]></description>
<pubDate>Mon, 21 Jun 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Ranked Highest Commercial Real Estate Services Firm in Black Book of Outsourcing]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4956]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc (NYSE:CBG) today announced the Company was the highest ranked commercial real estate services company on the list of premier global outsourcing firms published in the Black Book of Outsourcing, an independently produced annual guide that evaluates the costs and benefits of outsourcing. Compiled by Datamonitor Group, Black Book produces an annual ranking of outsourcing companies across all industries based on survey responses from outsourcing users and corporate executives worldwide.]]></description>
<pubDate>Mon, 14 Jun 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[European Office Rents Grow For First Time in 18 Months]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4955]]></link>
<description><![CDATA[Signs of a turning point  in Europe’s office sector were evident during the first quarter (Q1) of 2010, according to the latest research from CB Richard Ellis (CBRE).  The CBRE EU-27 office rent index registered a 1.0% increase in Q1 after 18 months of decline. This was largely the result of changes in London and Paris, where the first signs of genuine expansion activity took place. Rental growth is likely to become more widespread later in the year as other markets strengthen across Europe.  ]]></description>
<pubDate>Fri, 11 Jun 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Signs of Rental Improvement in Global Office Markets]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4892]]></link>
<description><![CDATA[Increased demand, together with more relocation activity, is slowing rental declines in the majority of global office markets, with growth beginning to accelerate in three major markets, according to the latest Global Office Rental Cycle report from CB Richard Ellis Group, Inc (CBRE). Overall, a tentative recovery of property markets is emerging, reflecting the improved economic activity globally.]]></description>
<pubDate>Wed, 02 Jun 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[ CB Richard Ellis Announces New CEE Research Analyst ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4885]]></link>
<description><![CDATA[CB Richard Ellis (CBRE) is pleased to announce that as of 1 June 2010 Gábor Borbély has been promoted to the position of CEE Research Analyst. In this position Gábor will be part of the regional CEE Research & Consulting team led by Jos Tromp. Gábor will remain to be based in the Budapest office. Amongst others he will coordinate CBRE’s research outputs across Central and Eastern Europe.]]></description>
<pubDate>Tue, 01 Jun 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[European Debt Market Report Shows Signs of Increasing Lender Confidence]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4872]]></link>
<description><![CDATA[CB Richard Ellis’ (CBRE) latest Capital Markets Report[1] for the first three months of 2010 which focuses on banks’ propensity to lend to real estate across Europe, reveals there has been a modest increase in maximum LTVs granted, with all key European markets now at or above 65%, accompanied by margin falls in Germany and the UK.]]></description>
<pubDate>Wed, 26 May 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[DNV Moves to StefániaPark]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4850]]></link>
<description><![CDATA[Det Norske Veritas (DNV), a global provider of services for managing risk signed a lease contract on almost 280 m2 in the IVG-developed StefániaPark office building, represented exclusively by CB Richard Ellis.]]></description>
<pubDate>Tue, 25 May 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[London’s West End World’s Most Expensive Office Market; Hong Kong Now Ranks Second ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4840]]></link>
<description><![CDATA[London’s West End remains the world’s most expensive office market with an occupancy cost of €1457.59 per sq m per annum (£120.50 / $182.94), according to CB Richard Ellis Group, Inc. (CBRE) Global Research and Consulting’s semi-annual Global Office Rents survey. Hong Kong’s Central Business District (CBD) has risen to second place pushing Tokyo’s Inner Central to third place. Mumbai is now in fourth position on the list while Moscow remains in fifth in the CBRE rankings, which tracks occupancy costs for prime office space in 176 cities around the globe.  ]]></description>
<pubDate>Thu, 20 May 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Emerging Destinations Challenge Traditional Hot Spots as Most International Retail Cities ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4786]]></link>
<description><![CDATA[Emerging markets are attracting an increasing number of international retailers and competing with established global retail centres as the most targeted destinations for retailers, according to the new edition of the How Global is the Business of Retail? report by leading global real estate adviser CB Richard Ellis (CBRE). The annual report has seen significant shifts in its ranking of global retail cities in the past year, with emerging markets including Beijing, Shanghai and Moscow improving their positions within with top 10, and with Riyadh, Jeddah and Kuwait City moving into the top 20 list of the most penetrated international retail markets for the first time.]]></description>
<pubDate>Mon, 10 May 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Retail Sector Dominates European Property Investment Market with Record 42% Share in Q1 2010]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4775]]></link>
<description><![CDATA[Investment in European retail real estate reached €8 billion in the first quarter (Q1) of 2010, outpacing office investment activity with a record-high 42% share of total commercial real estate turnover, according to the latest research from CB Richard Ellis (CBRE). In stark contrast to the performance of the overall commercial real estate investment market, which saw a 32% quarterly decline in Q1, retail activity was only slightly below the €8.1 billion reported in Q4 2009. ]]></description>
<pubDate>Fri, 07 May 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[On the Road to Recovery]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4753]]></link>
<description><![CDATA[“Buying prime properties at opportunistic prices is very difficult if not impossible in Central Eastern Europe (CEE)” – said Tim O’ Sullivan, Head of Capital Markets of CB Richard Ellis (CBRE) at the company’s 4thannual Property Investment Breakfast. “Potential investors need to adjust their pricing expectations, as vendors are clearly under less pressure than earlier forecast. This might be the consequence of loose monetary conditions with significantly lower interest rates than what the markets are used to after such financial crises.” – added Andreas Ridder, CEE Chairman of CBRE. With the CEE economies not crumbling and especially with Poland showing positive GDP growth, the investment markets across the region are turning more positive. A clear sign of this change in sentiment is the 25 bps move of prime yields for shopping centres in Warsaw, Budapest and Bucharest this quarter.]]></description>
<pubDate>Mon, 03 May 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Urban Photographer of the Year - Winners Announced]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4727]]></link>
<description><![CDATA[The winners of the 2009 CB Richard Ellis Urban Photographer of the Year Awards have been announced, with first place awarded to Ralf Pascual from Madrid, Spain, whose photograph of a ‘Matador’-inspired window cleaner in the city of Madrid won the judges over. Ralf wins a Photo Safari for two to the Hashemite Kingdom of Jordan including accommodation and flights. There were two Hungarian winners in the “24 hour category”: Zoltan Balogh with  his photo ‘Pressure’ and Gábor Bagics with the picture titled ‘Works of Fire’.]]></description>
<pubDate>Tue, 27 Apr 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[European Prime Rents Stabilise Across All Sectors]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4650]]></link>
<description><![CDATA[Prime rents stabilised across Europe during the first three months of 2010, with the majority of markets showing little or no change in any sector, according to CB Richard Ellis’s latest EMEA Rent and Yield Indices. There are now signs of growth in a handful of geographic markets, with sectoral growth most evident in the office index which showed its first quarterly increase in Q1 since the start of the downturn. This office rental growth is being heavily driven by increases in Paris and London and is particularly significant given the office index registered the largest sector falls in the previous quarter. This turnaround is also reflected in the fact that the office market is the sector experiencing the most significant decline in yields, with nearly half of the office locations monitored recording a fall in Q1.]]></description>
<pubDate>Wed, 14 Apr 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Retail Sector Dominates European Corporate Property Sales Market for First Time, with 44% Share]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4610]]></link>
<description><![CDATA[Dominated in its early days by city centre office disposals, the corporate real estate sales market has seen some significant sectoral shifts in recent years. In 2009, the retail sector dominated this market for the first time, comprising 44% of total European corporate disposals, according to new research by CB Richard Ellis (CBRE).]]></description>
<pubDate>Thu, 08 Apr 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Hungary Announces Associate Director]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4574]]></link>
<description><![CDATA[CB Richard Ellis, Hungary is pleased to announce the promotion of Judit Varga to Associate Director. She has been Head of the Office Agency department in Budapest since 2008. This promotion is not only an acknowledgement of her work, but also the achievement of her team, that closed a very successful year despite the current economic conditions.]]></description>
<pubDate>Tue, 30 Mar 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Continues Global Pledge to Earth Hour 2010]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4545]]></link>
<description><![CDATA[CB Richard Ellis (CBRE) has again signed up its support for the World Wildlife Fund's (WWF) Earth Hour 2010, which will take place in more than 4,000 cities in 116 countries on Saturday, 27th March at 8:30 p.m. local time by turning out lights for one hour in a symbolic and unified call for action on climate change.]]></description>
<pubDate>Thu, 25 Mar 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Expects Orderly but Extended Work Out of the c.€200bn of European Commercial Real Estate Loans]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4531]]></link>
<description><![CDATA[According to CB Richard Ellis’ (CBRE) European Commercial Real Estate Debt ViewPoint, issued today, €970 billion of European commercial real estate debt was outstanding at the end of 2009.  Mirroring their typical share of European commercial real estate investment activity, Germany and the UK account for over half of the €970 billion total, with 24 per cent and 34 per cent respectively.]]></description>
<pubDate>Wed, 24 Mar 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Named Premier Commercial Real Estate Brand for Ninth Year in A Row]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4512]]></link>
<description><![CDATA[CB Richard Ellis (CBRE) has been named the premier global brand in commercial real estate, according to a survey of worldwide real estate professionals by The Lipsey Company. CB Richard Ellis has topped Lipsey’s annual ranking of commercial real estate brands for nine consecutive years.]]></description>
<pubDate>Fri, 19 Mar 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Investors See 2010 as the Time to Target Prime European Real Estate]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4501]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc. (CBRE) announced the results of a survey of more than 270 European real estate investors, revealing their intentions for the timing and focus of their investment activity over the coming years. The findings were launched at the company’s European Investment Briefing held at MIPIM, the international real estate event held annually in Cannes, France.]]></description>
<pubDate>Thu, 18 Mar 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[European and Asian Office Market Rents Stabilising]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4384]]></link>
<description><![CDATA[The effects of the economic crisis on demand for office space varied across the world’s major office markets in 2009, and there are now widespread differences in their rental characteristics, according to CB Richard Ellis’ (CBRE) new Global Office Rental Cycle report. Almost all real estate markets in Europe and Asia are now seeing rents falling at a slower rate and in some cases stabilising, a trend which is expected to continue as take-up improves and vacancy moderates in 2010. In contrast, most US office markets, with the exception of New York, are further back in the rental cycle and are likely to see further falls in rents.]]></description>
<pubDate>Fri, 26 Feb 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Reports Improving Sentiment among European Banks in Lending for Prime Real Estate]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4344]]></link>
<description><![CDATA[The recovery in prime real estate values and investment market turnover in the second half of 2009 has improved sentiment in the European debt markets, according to CB Richard Ellis’ (CBRE) latest Capital Markets Report.]]></description>
<pubDate>Wed, 24 Feb 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[London Leads Office Market Bounce-Back across World’s Financial Centres]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4343]]></link>
<description><![CDATA[London’s office market was hit hard and early by the global financial crisis, but in comparison with other leading financial centres, it has been among the first to bounce back, according to the latest research from the leading commercial property consultant, CB Richard Ellis.]]></description>
<pubDate>Mon, 22 Feb 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Weak Start, Promising Finish]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4237]]></link>
<description><![CDATA[Activity on the Hungarian industrial property market in 2009 remained very modest. Decrease was especially significant after the record breaking year of 2008, in both demand and supply. Economic downturn heavily affected the industrial output; the entire logistic sector suffered a huge loss in orders. Hence the industrial property market saw a decline in new demand whereas renewal of existing premises became a key factor for the first time on the Budapest market – claims the latest research of CB Richard Ellis (CBRE).]]></description>
<pubDate>Wed, 03 Feb 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Shell Selects CBRE as European Retail Property Advisor]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4229]]></link>
<description><![CDATA[In one of the largest recent appointments in the European retail property sector, CB Richard Ellis Group, Inc. (NYSE: CBG) today announced that it has been selected by Shell (LSE: RDSA / RDSB) to provide transaction and portfolio management services across its European retail portfolio. ]]></description>
<pubDate>Tue, 02 Feb 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Investors Remain Cautions Yet  More Optimistic in 2010]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4208]]></link>
<description><![CDATA[Many European markets saw a rush of deals being completed towards year end. Overall, 17 out of the 26 markets monitored by CB Richard Ellis reported Q4 as having the highest quarterly turnover of 2009. – it was revealed at the annual press conference of CB Richard Ellis (CBRE).]]></description>
<pubDate>Thu, 28 Jan 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE to Open New Dutch Office in Rotterdam]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4194]]></link>
<description><![CDATA[CB Richard Ellis (CBRE) today announced that it will open its fifth office in The Netherlands in April 2010. CBRE will build an additional property team in central Rotterdam to complement its existing network of Dutch offices in Almere (Rietmeijer Huisvestingsadviseurs), Amsterdam, Hoofddorp and The Hague.]]></description>
<pubDate>Mon, 25 Jan 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[One Week Till the Closing of CBRE’s Urban Photography Awards]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4162]]></link>
<description><![CDATA[CB Richard Ellis, the world’s largest commercial property adviser launched its Urban Photographer of the Year Award, which is designed to capture the essence of urban life. Due to popular demand, the competition’s closing date has been extended till 31st January 2010.]]></description>
<pubDate>Thu, 21 Jan 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[Prime Yields Under Downward Pressure Across Europe]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4154]]></link>
<description><![CDATA[Widespread falls in prime yields were seen across the main European real estate markets in the final quarter of 2009, according to the latest data from CB Richard Ellis. Almost none of the locations covered by CBRE's European yield index saw upward movement in any sector in the fourth quarter, and the incidence of downward movement is spreading. These features were particularly marked in the office sector, in which nearly half of the monitored locations saw yields fall, and the downward movement in the yield index as a whole was more than twice that recorded in the previous quarter. This change is all the more notable given that the office market is also the sector experiencing the most significant rental decline, with nearly a third of the locations seeing a drop in prime office rents in the final quarter.]]></description>
<pubDate>Tue, 19 Jan 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[London’s West End Regains Title of World’s Most Expensive Office Market]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4062]]></link>
<description><![CDATA[London’s West End has again been named the world’s most expensive office market, according to the latest research from CB Richard Ellis (CBRE). The semi-annual survey of global office rents shows the West End again leading Tokyo’s Inner Central District which slipped to second place, followed by that city’s Outer Central District market in third. Hong Kong’s Central Business District (CBD) and Moscow are fourth and fifth respectively in the report, which tracks office occupancy costs in nearly 180 cities around the globe.]]></description>
<pubDate>Thu, 07 Jan 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[AstraZeneca Moves to Dorottya Udvar]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4027]]></link>
<description><![CDATA[In the frame of an exclusive tenant representation of CB Richard Ellis (CBRE),  pharmaceutical giant AstraZeneca signed a lease contract on almost 1,500 sq m at Dorottya Udvar office building, located in district 11 of Budapest.]]></description>
<pubDate>Tue, 05 Jan 2010 00:00:00 GMT</pubDate>
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<title><![CDATA[New York Still World’s Most Expensive Retail Location]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=4025]]></link>
<description><![CDATA[Prime retail rents began to stabilise in many markets across the world in the third quarter (Q3) of 2009, as economic and retail indicators started to show signs of greater stability and retailer confidence gained positive momentum. Retail rents globally fell by an average of 1% from the second quarter to the third quarter of 2009, according to CB Richard Ellis Group Inc.’s latest Global MarketView on the retail sector. ]]></description>
<pubDate>Thu, 17 Dec 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Signs of Stability Emerging in European Office Markets]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3956]]></link>
<description><![CDATA[Take-up in the EMEA office market rose in the third quarter of 2009 compared to the second quarter, despite continued low leasing activity levels as a whole this year compared to 2008, according to CB Richard Ellis’ latest EMEA office market research.]]></description>
<pubDate>Tue, 08 Dec 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Stop Sign for Retail Developments]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3939]]></link>
<description><![CDATA[2009 was still a strong year for retail developments in Hungary, however, to a smaller extent in Budapest and in the major regional cities and to a greater extent in small other towns. Half of the total stock has been built for the last five years and almost two third of all retail development in smaller towns for the last three – clear signal of the „plaza-boom” of recent years. Recession hits retail hard so the massive new supply has coupled with decreasing demand. No wonder that developers react with a stop – coming two years shall mark completion levels last seen in 2005-2006 – claims the latest Hungarian Retail Market Report of CB Richard Ellis.]]></description>
<pubDate>Thu, 03 Dec 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Property Cost Saving Opportunities in The Pipeline for Pharma Sector]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3909]]></link>
<description><![CDATA[A significant proportion of the world’s top pharmaceutical companies are undertaking sale-and-leaseback or vacant sale transactions in a drive to consolidate property assets and save costs, according to recent research issued by CB Richard Ellis.  The new report, The Pharmaceutical Sector: Real Estate Implications of Industry-Wide Change, reveals the findings of CBRE’s analysis of the property challenges facing the sector, backed by a benchmarking survey CBRE completed with some of the sector’s top global companies.]]></description>
<pubDate>Mon, 30 Nov 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Sale and Leaseback Trend Spreads across Europe and into New Sectors]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3889]]></link>
<description><![CDATA[Corporate sale and leaseback transactions are penetrating a broader spread of markets across Europe and are no longer dominated by office sector disposals, according to a new report by CB Richard Ellis. ]]></description>
<pubDate>Fri, 27 Nov 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Retailers Name Germany as Top European Hot Spot for 2010 Expansion]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3881]]></link>
<description><![CDATA[Germany has emerged as the number one target destination for retailers looking to expand their international presence in the Europe, Middle East and Africa (EMEA) region in 2010, according to new research from CB Richard Ellis. The report – How Active are Retailers in EMEA? – reveals that 47% of retailers surveyed as part of the research are targeting Germany for future expansion, followed by France, with 44%, and Spain with 36%.]]></description>
<pubDate>Thu, 26 Nov 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Central European Office Investments to Outperform Several European Markets]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3832]]></link>
<description><![CDATA[Several Central European (CE) office markets are well placed to show above average occupational market performance in the short- to medium-term, not only compared to their Central and Eastern European (CEE) neighbours, but also compared to several EU-15 markets. Core office properties in markets such as Poland, Hungary and Czech Republic have the potential to offer income generating characteristics at prices that are significantly more sustainable than one year ago, thereby presenting interesting opportunities for investors to (re-)enter these CEE property markets, according to CB Richard Ellis’ latest research, Risk, Return & Reality – CEE Office Property.]]></description>
<pubDate>Thu, 19 Nov 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Germany, UK And Spain Drive Growth in European Retail Property Investment in Q3 2009]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3822]]></link>
<description><![CDATA[Investment in European retail property reached over €5 billion in Q3 2009, a quarterly increase of 18% and the highest total since Q3 2008, according to new CB Richard Ellis research. ]]></description>
<pubDate>Wed, 18 Nov 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Tenants Stay Faithful to Dorottya]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3799]]></link>
<description><![CDATA[Following the examples of Auchan, Immochan and AlfaLaval, Hungary’s largest fleet management and vehicle leasing provider LeasePlan also renewed its lease contract at Dorottya Udvar, represented exclusively by CB Richard Ellis. 

The company, a global leader on the fleet leasing and management market, has occupied almost 1,700 sq m office space since 2005 at the office building in district 11, owned by a fund managed by AXA Real Estate IM.]]></description>
<pubDate>Mon, 16 Nov 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Lexmark Selects CB Richard Ellis as EMEA Facilities Management Property Advisor]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3712]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc. (NYSE: CBG) announced that it has been selected by Lexmark International Inc. (NYSE: LXK), a global developer, manufacturer and supplier of printing and imaging solutions, to provide facilities management services across their 500,000 sq ft EMEA sales and marketing office portfolio. ]]></description>
<pubDate>Tue, 03 Nov 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[European Industrial Investment Activity Set To Rise]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3699]]></link>
<description><![CDATA[Investment turnover in Europe’s industrial and logistics real estate sector totaled nearly €2.5 billion in the first half of 2009, maintaining its 10% share of the wider investment market, and with the potential to increase, according to CB Richard Ellis’ latest EMEA Industrial & Logistics MarketView report. ]]></description>
<pubDate>Fri, 30 Oct 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Improving Outlooks behind the Deteriorating Figures - Q3 2009]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3691]]></link>
<description><![CDATA[The recession in both the Hungarian and world economies is clear in the latest figures of the property market. However, besides the data reflecting the present unattractive state, the market is beginning to consider positive outlooks for the future – it was announced at the press conference of CB Richard Ellis (CBRE) Hungary today.]]></description>
<pubDate>Wed, 28 Oct 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Alfa Laval Renews Lease in Dorottya Udvar]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3686]]></link>
<description><![CDATA[Alfa Laval, a leading global provider of engineering solutions renewed its lease contract in Dorottya Udvar, represented exclusively by CB Richard Ellis. Alfa Laval has been renting almost 400 sq m office space since 2004 in the award-winning office complex of South-Buda, owned by AXA Real Estate.]]></description>
<pubDate>Tue, 27 Oct 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[GOEF Investment Activity Accelerating with €12 Billion Potential Spending Power]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3645]]></link>
<description><![CDATA[Liquidity levels across the German Open-ended Fund (GOEF) sector have been on the increase compared to the recent past, according to new analysis by CB Richard Ellis. The GOEF sector as a whole currently holds around €18 billion in cash or immediately liquid assets, which translates into up to €7.5 billion immediate spending power on real estate. This increases to as much as €12 billion over the next two years if inflows continue as expected.]]></description>
<pubDate>Tue, 20 Oct 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Cisco Systems Awards CB Richard Ellis Group, Inc. Global Project Management Services]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3633]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc. (NYSE:CBG) announced it has it has been selected by worldwide networking leader Cisco Systems to be its preferred provider of project management services globally. These services will encompass capital construction projects within Cisco’s 506 locations spanning 87 countries and totaling 23.6 million square feet.]]></description>
<pubDate>Mon, 19 Oct 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Volunteers Helped Cleaning the Chain Bridge]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3619]]></link>
<description><![CDATA[Volunteers of CB Richard Ellis joined the initiative of the „I Love Budapest” Movement aiming to clean the Chain Bridge in Budapest of tags and graffiti.]]></description>
<pubDate>Thu, 15 Oct 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Further Evidence of European Yields Stabilising in Third Quarter]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3584]]></link>
<description><![CDATA[Prime yields have shown further signs of stabilisation across Europe’s real estate markets, and are trending downwards in several locations, according to the latest third quarter data from CB Richard Ellis. Initial estimates show the CBRE EU-15 all-property average prime yield index remaining stable at 6.13% in Q3, reflecting stronger investor sentiment towards core prime assets in many parts of the market. This series had risen by 130 basis points (bps) between mid-2007 and the first quarter of this year, since when it has remained level.]]></description>
<pubDate>Mon, 12 Oct 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Investor Interest to Spread From Prime into Secondary Property in Key European Markets]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3565]]></link>
<description><![CDATA[The European investment market briefing of CB Richard Ellis (CBRE) at Expo Real in Munich revealed that investor sentiment is improving across much of Western Europe, mirroring the better economic performance that has been seen and the strong run in Europe’s stock markets since March. Many REITs are now trading at a premium to NAV, indicating an expectation of improving capital values.]]></description>
<pubDate>Wed, 07 Oct 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Launches Urban Photography Awards]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3512]]></link>
<description><![CDATA[CB Richard Ellis, the world’s largest commercial property adviser, launched the 2009 Urban Photographer of the Year Award, which is designed to capture the essence of urban life.]]></description>
<pubDate>Mon, 28 Sep 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Auchan and Immochan Renew Lease in Dorottya Udvar]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3510]]></link>
<description><![CDATA[Giant retail chain Auchan and its real estate subsidiary Immochan renewed their lease at Dorottya Udvar, represented exclusively by CB Richard Ellis. The two companies together signed a contract on almost 1,100 sq m to accommodate their headquarters at the A-category office building in the 11th district, owned by AXA Real Estate IM.]]></description>
<pubDate>Fri, 25 Sep 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Retail Deals Reach Record 35% of Total European Investment in First Half of 2009]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3505]]></link>
<description><![CDATA[Despite the decline in total retail investment transactions in the first half of 2009, retail transactions accounted for 35% of total European real estate investment activity, compared to the last five-year average of 26%, according to the new research from CB Richard Ellis (CBRE). The sector’s share of the H1 European market is the highest proportion on record.]]></description>
<pubDate>Thu, 24 Sep 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Hotels Central and Eastern Europe]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3480]]></link>
<description><![CDATA[Occupancy of Budapest hotels fell to 55,7% in Summer 2009 and VAT concession in tourism was the only good news in the Hungarian market. – claims the latest hotel market report of CBRE Hotels.]]></description>
<pubDate>Mon, 21 Sep 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[ProLogis Appoints CBRE as Co-Exclusive Agent in Hungary]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3455]]></link>
<description><![CDATA[ProLogis, a leading global provider of distribution facilities signed co-exclusive agreements with CB Richard Ellis and Cushman & Wakefield to act as leasing agents on behalf of ProLogis, in Hungary.]]></description>
<pubDate>Thu, 17 Sep 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Runs for Cancer Research]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3417]]></link>
<description><![CDATA[CB Richard Ellis (CBRE) will take part in the nineteenth Run for Cancer Research on Margaret Island in Budapest on 13th September 2009.]]></description>
<pubDate>Tue, 08 Sep 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[US Investors Absent from European Property Market]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3387]]></link>
<description><![CDATA[One of the most significant changes in the structure of the European commercial real estate market over the last two years has been the withdrawal of US buyers from the market since the credit crunch took hold, according to new research from CB Richard Ellis.  ]]></description>
<pubDate>Mon, 31 Aug 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Development Completions to Peak in 2009 in EMEA Office Market as Speculative Space Enters the Market]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3383]]></link>
<description><![CDATA[Occupier choice of space expanded in short-term but shortages expected from 2011
 
Delivery of many office development schemes which commenced during the real estate boom period will complete in 2009 across markets in Europe, Middle East and Africa (EMEA), leading to greater choice of good quality office space for occupiers in the short-term, according to the latest research by CB Richard Ellis (CBRE). An acceleration of speculative completions is now expected in the second half of 2009, meaning that completion levels this year are likely to exceed those in 2008. Yet with new completions expected to drop in 2010 as developers continue to suspend projects not already under construction, occupiers’ choice of new buildings will become much more constrained from 2011 as the market faces a more restricted development pipeline than in previous cycles.]]></description>
<pubDate>Fri, 28 Aug 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Average Deal Size Tumbles as Large Lot Size Deals Dry Up in European Commercial Property Market]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3373]]></link>
<description><![CDATA[The average transaction size completed in the European commercial real estate market in the first half of 2009 has fallen by more than half since the peak of the market in 2007, reflecting the extent to which the credit crunch has affected the ability of investors to complete large deals in today’s market. The average size of transactions agreed in H1 2009 in Europe fell to €18.4 million, a 59% decline from the €44.4 million average deal size recorded at the peak of the market in H1 2007, according to new research released by CB Richard Ellis.]]></description>
<pubDate>Tue, 25 Aug 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Back From the Brink… But What Next?]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3328]]></link>
<description><![CDATA[Back from the Brink… But What Next?, a new Global MarketView report issued by CB Richard Ellis (CBRE), reports some stabilisation and recovery in the world’s commercial real estate markets at the mid-point of 2009. ]]></description>
<pubDate>Fri, 14 Aug 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Rents Falling across European Property Markets; Yields Stabilising in Some Markets]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3327]]></link>
<description><![CDATA[Weak economic conditions across Europe continued to subdue rents across all property sectors in the second quarter (Q2) of this year, according to CB Richard Ellis’ latest review of rents and yields in Europe. Economists’ short-term expectations of activity in most European markets have weakened further in recent months, and this is reflected in occupier market conditions and rental movements.]]></description>
<pubDate>Wed, 12 Aug 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Tenants Tend to Renew]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3291]]></link>
<description><![CDATA[Although advisors report an outstanding take-up for the first half of 2009 on the Budapest office market, the structure of the demand has altered in an unfavourable way: renewals amounting to 37% of all the leased areas in H1 2009, and this share is increasing. Renewals are more typical in the inner areas while in Non-Central Pest (NCP) submarket pre-lets and new leases dominate. – claims the latest Budapest Office Market Report of CB Richard Ellis (CBRE).]]></description>
<pubDate>Fri, 31 Jul 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Upturn in European Property Investment Activity in Q2 Matched by Stabilising Yields]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3280]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc. (CBRE) announced a slight upturn in the European commercial real estate investment market, with turnover for the second quarter (Q2) of 2009 totaling €13 billion, a 12% increase on the €11.6 billion transacted in Q1 2009. The increase in activity was heavily weighted towards the last few weeks of the quarter.]]></description>
<pubDate>Wed, 29 Jul 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Slowly but Surely Demand Grows on the Budapest Industrial Property Market]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3237]]></link>
<description><![CDATA[Due to declining industrial output and a major downturn in orders for logistics sector, the industrial market experienced a significant decline during the first half of 2009 in almost all figures. However, it might be a faintly optimistic sign that demand in the 2nd quarter was in fact double the Q1 figure – claims CB Richard Ellis (CBRE) in its latest report on the Budapest industrial property market. While take-up figures in both Q1 and Q2 2009 were below the registered volume during the same periods of 2008, new supply remained strong resulting in jump in the vacancy rate to 24.4%. The high amount of available space is forcing several developers and owners to offer industrial space at rentals below the market norm.]]></description>
<pubDate>Fri, 24 Jul 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Selected by Pfizer to Provide Facilities Management Services for 10 European Offices]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3215]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc (NYSE: CBG) has been selected by Pfizer Incorporated (NYSE: PFE), the world's largest research-based biomedical and pharmaceutical company, to provide facilities management services across ten of Pfizer’s offices in nine European cities.]]></description>
<pubDate>Tue, 21 Jul 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Industrial & Logistics Property Sector Sees Sustained Investor Interest]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3208]]></link>
<description><![CDATA[Despite generally subdued levels of investment activity in the European real estate market over the past year and a half, there is still evidence of interest in the industrial and logistics sector according to new research from CB Richard Ellis. The logistics sector continues to offer a relatively high and stable income, with overall performance less dependant on the more variable elements of growth assumptions, making the sector increasingly attractive to investors seeking defensive assets.]]></description>
<pubDate>Mon, 20 Jul 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[New York Still World’s Most Expensive Retail Market despite Rental Falls]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3178]]></link>
<description><![CDATA[Prime retail rents have fallen in almost every region across the world as the global recession impacts consumer sentiment and retail sales, according to new retail research from CB Richard Ellis (CBRE), Global Retail MarketView. ]]></description>
<pubDate>Mon, 13 Jul 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Nissan Selects CBRE as European Strategic Property Advisor]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3159]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc. (NYSE: CBG) announced that it has been selected by Nissan Europe S.A.S as its strategic property advisor for the region. The European contract win marks an important expansion of Nissan’s relationship with CBRE in North America, where CBRE have been engaged as a full-service real estate partner since July 2007. The European contract, primarily comprising transaction and consultancy support, is the first of its kind awarded by Nissan across the European region. The contract reflects the continued growth and success of CBRE’s Corporate Services business in Europe, where earlier this year it announced other programmes with Europe-based corporates including StatoilHydro and France Telecom.]]></description>
<pubDate>Thu, 09 Jul 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Russia Leads CEE Commercial Property Investment as Activity Remains Low]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3098]]></link>
<description><![CDATA[Central and Eastern Europe (CEE) recorded a total turnover of approximately €85 million of property transactions in the month of May, through two investment transactions in Russia, according to CB Richard Ellis’ latest monthly CEE Property Investment MarketView. This result is close to the average CEE monthly investment volume tracked so far in 2009. With the addition of several transactions from Q1 2009 that were recently made public, the region’s year-to-date property investment volume reached €419 million by the end of May. Transactions in Russia now account for about 40% of CEE’s 2009 investment volume, an increase from 34% during 2008. ]]></description>
<pubDate>Tue, 30 Jun 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Promotions in CBRE Hungary's Capital Markets and Valuation Teams]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3077]]></link>
<description><![CDATA[CB Richard Ellis (CBRE) Hungary announces that Tim O’Sullivan has been appointed Head of Capital Markets and Graham MacMillan has been promoted to Head of Valuation.  Both RICS-qualified experts relocated from the UK within the last year to join the Budapest office of CBRE, reinforcing their respective teams’ leading position on the market.]]></description>
<pubDate>Thu, 25 Jun 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Rising Public Debt Encouraging Sales of Government Property Assets]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3076]]></link>
<description><![CDATA[Rising public debt levels in response to the global banking crisis and recession appear to be encouraging a new wave of government property sales across Europe, according to new research from CB Richard Ellis (CBRE). CBRE released a new report, Governments Turn to Property Sales?, which considers the scope for sales of government property and reviews asset disposal plans in a number of major markets including France, Germany, Greece and the UK. ]]></description>
<pubDate>Tue, 23 Jun 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[London is Number One Destination for World’s Top Retailers]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3061]]></link>
<description><![CDATA[London has emerged as the most international retail city in the world, attracting 60% of the world’s top retailers, according to the latest retail research report from CB Richard Ellis, How Global is the Business of Retail? London was followed by Paris (49% of retailers) and New York (47%) to round out the top three most popular destinations for retailers, but the surprise entry in fourth position was Dubai, enforcing its importance to the global retail landscape.]]></description>
<pubDate>Thu, 18 Jun 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Opens New Office in Finland]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3050]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc. (CBRE) today announced that it has opened an office in Helsinki, Finland, further expanding its network and capabilities in the Nordic region. The new office represents another significant development in the growth of CBRE’s presence in the Nordics. CBRE already has wholly-owned offices in Sweden and Denmark, together with a long-term affiliate office in Norway.]]></description>
<pubDate>Tue, 16 Jun 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Tokyo now World’s Most Expensive Office Market]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=3037]]></link>
<description><![CDATA[Tokyo’s Inner Central District has supplanted London’s West End as the world’s most expensive office market, according to CB Richard Ellis Group, Inc. (CBRE) Global Research and Consulting’s semi-annual Global Office Occupancy Costs survey. London’s West End is now the world’s second most expensive office market, followed by Moscow, Hong Kong’s Central Business District (CBD), and Tokyo’s Outer Central District in the CBRE report, which tracks office occupancy costs in more than 170 cities around the globe.]]></description>
<pubDate>Thu, 11 Jun 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Hotel Performance Declines Across CEE]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2937]]></link>
<description><![CDATA[Hotel performance across the capital cities of Central & Eastern Europe has been under pressure since summer 2008. Performance figures  for the first quarter reveal a continuing decline in occupancy and Average Daily Rate (ADR) – it was said at the latest briefing of CB Richard Ellis Hotels in Budapest.]]></description>
<pubDate>Thu, 21 May 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Valuation: More than Numbers]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2926]]></link>
<description><![CDATA[The valuation of property assets in the current market is unusually challenging, due mainly to a reduction in the number of comparable property transactions in a rapidly changing macroeconomic climate - comments Ian James MRICS, Head of Valuation at CB Richard Ellis.]]></description>
<pubDate>Thu, 14 May 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Nestlé moved into the Millennium City Center]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2866]]></link>
<description><![CDATA[Nestlé Hungary Ltd has moved into the 3,890 sq m headquarter offices in Millennium Tower II office building developed by TriGranit. The major office leasing deal was completed with the involvement of Cushman & Wakefield representing the tenant and CB Richard Ellis representing the landlord. ]]></description>
<pubDate>Tue, 05 May 2009 00:00:00 GMT</pubDate>
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<item>
<title><![CDATA[Property Transaction in the Heart of Budapest]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2848]]></link>
<description><![CDATA[CB Richard Ellis international property advisor successfully sold the office building at 1 Paulay Ede street in Budapest, previously owned by Allianz Insurance. The almost 1,500 sq m, currently empty downtown property has been purchased by an Israeli foundation.]]></description>
<pubDate>Thu, 30 Apr 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Budapest Bank Moves to GTC Metro Office Building]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2845]]></link>
<description><![CDATA[Budapest Bank - member of GE Money Bank signed a pre-lease for almost 17,000 sq m office space in GTC Metro, represented exclusively by CB Richard Ellis. The bank will move its new headquarters in 2010 to the building developed by GTC Hungary, which is situated on the so called Váci Business Corridor of Budapest. ]]></description>
<pubDate>Wed, 29 Apr 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CEE Property Investment Slows Further in Q1 2009 - Budapest is still on the investors’ map]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2814]]></link>
<description><![CDATA[Recorded property investment turnover in Central and Eastern Europe (CEE) slowed further in the first quarter of 2009 to a level of approximately €220 million, it was announced at the third annual Property Investment Presentation of CB Richard Ellis Hungary on Tuesday. This volume represents approximately one-third of the volume transacted in Q4 2008, a slightly stronger slowdown than that experienced in the overall European investment market over the same period. Investment volumes for Q1 2009 have seen the CEE market move back to levels seen earlier in the decade, before the region experienced significant growth in property investment turnover during 2005-2007. ]]></description>
<pubDate>Thu, 23 Apr 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Hotel Rates Increased but Occupancy Dropped across CEE in 2008]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2787]]></link>
<description><![CDATA[The hotel development pipeline in most Central and Eastern European countries remains robust, with Prague leading the way in terms of the number of added bedrooms for 2009. Tight lending conditions resulted in some major projects being postponed as developers look to focus on current projects while the availability of finance is scarce. In addition, hotel performance indicators in the region have been poor in comparison with recent years. International brands remain interested in the region, although they are selective in both location decisions and types of operating agreements they propose – claims the latest Hotel Market Report of CB Richard Ellis.]]></description>
<pubDate>Fri, 17 Apr 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Ringier Publishing Moves to Corvin Promenade]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2764]]></link>
<description><![CDATA[
Ringier Publishing, one of the largest publishing houses in Hungary will move to Corvin Offices II. as a result of a successful exclusive tenant representation of CB Richard Ellis. The company signed a lease contact on more than 6,500 sq m and will relocate its headquarters to one of the alone-standing towers of the new office building.]]></description>
<pubDate>Wed, 15 Apr 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Scoops String of Industry Accolades]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2756]]></link>
<description><![CDATA[CB Richard Ellis (CBRE) has been recognised as a business and industry leader in a number of categories as part of a run of national, regional and global award wins this year, specifically demonstrating the continuing strength of the Company’s brand, corporate responsibility and market-leading business capabilities amidst an environment of global economic uncertainty.]]></description>
<pubDate>Wed, 08 Apr 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Vatera.hu moves with CB Richard Ellis]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2702]]></link>
<description><![CDATA[Vatera.hu, one of the most important players of the Hungarian e-commerce market will move to R70 Office Complex in April, as a result of a successful exclusive tenant representation of CB Richard Ellis. The company signed a lease contact on almost 800 sq m.]]></description>
<pubDate>Mon, 30 Mar 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Partners with WWF for Historic Earth Hour 2009]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2673]]></link>
<description><![CDATA[CB Richard Ellis announced its global support of World Wildlife Fund (WWF) Earth Hour 2009, which will take place in more than 1,750 cities and 80 countries on Saturday, 28 March, 8:30 - 9:30 p.m. local time. Earth Hour is a movement that unites cities, businesses, schools, organisations and individuals around the globe by turning out lights for one hour in a symbolic and unified call for action on climate change.]]></description>
<pubDate>Tue, 24 Mar 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Roltechnik moves with the assistance of CBRE ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2622]]></link>
<description><![CDATA[Roltechnik signed a lease contact with the assistance of CB Richard Ellis for almost 1000 m2 warehouse and 100 m2 office space in CityPoint9 Warehouse and Business Center. The Czech company, producing and distributing shower enclosures and sanitary ware moved into a temporary warehouse first, then in six months will take its final place as the third phase of the logistics park, developed by ConvergenCE is completed.]]></description>
<pubDate>Tue, 17 Mar 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[First Site Hotel and Business Complex Opens in May]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2613]]></link>
<description><![CDATA[The construction works of First Site Hotel and Business Complex, developed on the plot of the former 'Úttörő' (Pioneer) department store by TerraConsult, a Munich based developer, are in their final stages. The building, represented exclusively by CB Richard Ellis, features a stylish four-star hotel, A-class offices, a restaurant and a shopping passage and will open at the end of May.]]></description>
<pubDate>Mon, 16 Mar 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Strengthens Presence in CEE through Affiliation with MBL]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2603]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc. (CBRE) announced that it has signed an affiliate agreement with MBL EOOD, a premier commercial real estate services provider in Bulgaria. The affiliation will leverage the leading capabilities of both companies by combining strong local market expertise with a global platform and client relationships.]]></description>
<pubDate>Thu, 12 Mar 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Selected by Nokia as New Exclusive Global Real Estate Advisor]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2589]]></link>
<description><![CDATA[In one of the most significant global property contracts awarded in recent years, CB Richard Ellis Group, Inc (NYSE: CBG) announced that it has been selected by Nokia (NYSE: NOK), the world's largest manufacturer of mobile phones, as their exclusive global strategic real estate advisor, including transaction management, brokerage and lease administration services. The agreement will cover Nokia's 20 million square foot global portfolio, encompassing over 380 properties in 60 countries across Europe, the Middle East, Africa, Asia and the Americas. ]]></description>
<pubDate>Wed, 11 Mar 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Wins Best CEE Office Agent Award]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2575]]></link>
<description><![CDATA[CB Richard Ellis (CBRE) announced that its office agency teams in the Central and Eastern Europe (CEE) region won the prestigious award - CEE Office Agent of the Year 2008 - at the CEE Real Estate Quality Awards held in Warsaw.]]></description>
<pubDate>Tue, 10 Mar 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Global Property Market Trends Reflect Synchronised Economic Downturn]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2574]]></link>
<description><![CDATA[Whilst the precise impact varies from one city or country to another, it is clear that the world's property markets continue to be impacted by global financial and economic concerns. Beginning with the U.S. sub-prime dislocation in the summer of 2007, market conditions deteriorated into a severe global credit crisis in 2008, which effectively shut down the global economy in the fourth quarter of 2008. No part of the world has escaped the spreading crisis, including the real estate sector, according to CB Richard Ellis’s Global ViewPoint for the fourth quarter of 2008, which reports on the global status of the commercial real estate markets.]]></description>
<pubDate>Tue, 10 Mar 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Appointed Exclusive Provider of Property Services for DHL Exel ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2561]]></link>
<description><![CDATA[CB Richard Ellis’ Cross-Border Industrial and Logistics team has been appointed by DHL Exel Supply Chain (DESC), Europe’s largest global supplier of logistics services, to exclusively support their expansion programme across Europe, Middle East and Africa (EMEA). ]]></description>
<pubDate>Tue, 03 Mar 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Among Top Outsourcing Providers and Awarded Corporate Real Estate Partner of the Year]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2510]]></link>
<description><![CDATA[The International Association of Outsourcing Professionals (IAOP) has named CB Richard Ellis Group, Inc. (CBRE) in The Global Outsourcing 100 for the third straight year. The list recognises the world’s best outsourcing service providers across all industries, and is based on applications received and evaluated by an independent panel of judges. Moreover, CBRE Global Corporate Services team has been awarded the coveted Corporate Real Estate Partner of the year award at the 13th Annual CoreNet Global UK awards.]]></description>
<pubDate>Fri, 27 Feb 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Occupiers Look to Property Sales as a Source Of Capital]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2487]]></link>
<description><![CDATA[Despite a weakened European commercial property investment market in 2008, sales of commercial real estate by occupiers remained an important source of activity last year. Although there was a sharp fall-off in the amount of public sector real estate sold in 2008, owner-occupier sales maintained their approximately 19% share of the total investment market in 2008, according to figures released by CB Richard Ellis (CBRE).]]></description>
<pubDate>Tue, 24 Feb 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[New Supply in Prague Achieved a Historical Record in 2008]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2468]]></link>
<description><![CDATA[According to the latest survey of CB Richard Ellis, the amount of modern office space in Prague currently totals ca. 2,5 million sq m. With 91,000 sq m of modern office space completed in Q4 2008, the overall completions in 2008 achieved a record amount of 323,100 sq m. ]]></description>
<pubDate>Thu, 19 Feb 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CEE Office Markets Register Record Take-Up in 2008  ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2456]]></link>
<description><![CDATA[Central & Eastern European (CEE) office markets continued to perform strongly in 2008 despite deteriorating economic conditions in the region, according to CB Richard Ellis’ research report, CEE Offices MarketView Full Year 2008. Jos Tromp, Head of CEE Research & Consulting at CBRE, explained: “Take-up in several CEE office markets established new records in 2008. Despite strong demand, CEE office markets could not completely absorb record amounts of new office space delivered in 2008, causing vacancy to rise in many markets.” Rents in Central Europe (CE) and Southeast Europe (SEE) remained relatively stable in the second half of 2008. After strong increases in the first half of 2008, rents in Eastern Europe (EE) fell in the second half due to rapidly deteriorating market fundamentals as well as strong exchange rate fluctuations.  ]]></description>
<pubDate>Tue, 17 Feb 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Honvéd Center Awaits its Tenants - 19th century elegance, 21st century comfort]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2437]]></link>
<description><![CDATA[Honvéd Center is located in the prestigious bank and government district of Budapest, offering modern and representative offices in a classical environment. The building that previously housed the headquarters of a French bank has now 3,600 sq m available office space on five floors. The owner WING Zrt. instructed CB Richard Ellis with its exclusive representation.]]></description>
<pubDate>Thu, 12 Feb 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Expands Retail Capability in Russia Through New Affiliate ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2436]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc. (CBRE) announced that it has signed an affiliate agreement with Magazin Magazinov, one of Russia’s premier retail property services companies.  The agreement extends CBRE’s leadership in the European retail sector and follows the recent acquisition of retail specialists in Italy (Espansione Commerciale) and Belgium (C&T Retail).]]></description>
<pubDate>Tue, 10 Feb 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Real Estate Yields Increasing in Vienna and Europe]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2403]]></link>
<description><![CDATA[After the record years 2006 and 2007 the Vienna and Austrian real estate and investment market approached the level of 2004 and 2005. Austria keeps pace with the European trend, though was spared out from massive collapses, like the UK or Germany sustained, so far. Vienna is even among the few European cities where prime rents increased by 7% to 23.50 Euro/sq m/month y-o-y –and remained unchanged in Q4 2008.]]></description>
<pubDate>Tue, 03 Feb 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[European Investment Activity Slows in Q4 Despite Boost from Late-Year Deal Completions]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2382]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc. (CBRE) announced that European commercial real estate investment turnover slowed to €19.5 billion in Q4 2008, following two consecutive quarters of more stabilised turnover levels of around €27-28 billion. This brings the total 2008 turnover to €116 billion, a level comparable with that registered in 2004.]]></description>
<pubDate>Fri, 30 Jan 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[After the Year of Records, Property Market is in Transition]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2381]]></link>
<description><![CDATA[Both demand and supply brought records to the Hungarian commercial property market in 2008. The crisis deepens as investment market comes to a halt in the whole of Central and Eastern Europe and developers prefer pre-lease agreements. Nevertheless, well-located prime properties remain popular and the core markets of the region are still in the focus of the investors – it was revealed at the annual press conference of CB Richard Ellis (CBRE).]]></description>
<pubDate>Tue, 27 Jan 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Nestlé Moves into Millennium Tower II]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2380]]></link>
<description><![CDATA[Global real estate consultant Cushman & Wakefield has successfully advised in the lease agreement of Nestlé Hungária Ltd for 3,890 sqm offices in Millennium Tower II, developed by TriGránit. The landlord was represented by CB Richard Ellis international property adviser.  Cushman & Wakefield is mandated with the project management of the new Nestlé offices. The tenant will move into the new office in April 2009. ]]></description>
<pubDate>Wed, 14 Jan 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Widespread Yield Increases Across EMEA in The Fourth Quarter of 2008 Reflect Weaker Outlook for Rent]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2379]]></link>
<description><![CDATA[The re-pricing that has been a recent feature of Europe Middle East and Africa (EMEA) markets continued in the fourth quarter of 2008. Yields in the office, retail and industrial sectors have all now risen 100 basis points or more since mid-2007. The scale of the re-pricing could help to close the gap between buyer and seller pricing expectations and is likely to present attractive buying opportunities for equity-rich investors targeting the commercial real estate market.]]></description>
<pubDate>Tue, 13 Jan 2009 00:00:00 GMT</pubDate>
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<title><![CDATA[Retail Rents Grow in Global Strategic Destinations]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2378]]></link>
<description><![CDATA[Retailers are focusing on some of the major global fashion capitals, pushing rents in the world’s most expensive retail locations even higher, according to CB Richard Ellis’ (CBRE) latest Global Retail Rents Survey.  Some smaller and secondary retail cities continue to see strong levels of growth, however global fashion capitals such as Hong Kong, London and Los Angeles now sit alongside these markets in the company’s top 25 fastest growing retail rents index, whilst simultaneously claiming some of the most expensive retail rents in the world.]]></description>
<pubDate>Tue, 23 Dec 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CB Richard Ellis Opens in Bahrain]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2377]]></link>
<description><![CDATA[CB Richard Ellis Group announced the opening of a new office in Bahrain, one of the foremost financial services and real estate centres of the Middle East and North African region (MENA).  The new office represents an important building block in the development of the firm’s Middle Eastern business.]]></description>
<pubDate>Tue, 16 Dec 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Growth in CEE Shopping Centre Stock Set to Continue, Spreading Space More Evenly Across Region ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2376]]></link>
<description><![CDATA[Central & Eastern Europe (CEE) shopping centre stock is expected to grow by more than fifty percent towards 2010, according to new research by CB Richard Ellis (CBRE). Most CEE cities have already added substantial amounts of new shopping centre space to their markets in recent years, and the size of CEE’s shopping centre pipeline suggests this trend is set to continue. As a result, there is likely to be shopping centre space in nearly every CEE city by the end of 2010, with many CEE cities having significantly higher amounts of shopping centre space than today.
]]></description>
<pubDate>Wed, 03 Dec 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Vienna Lettings Remain on High Level]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2149]]></link>
<description><![CDATA[Although the global financial crunch leaves its marks in many sectors, the Austrian investment and Vienna office markets prove being astoundingly stable –this results from the analysis of CB Richard Ellis real estate experts. 

Letting activities remained on high level in Vienna: 110,000 sq m office space was let in Q3 2008, like in the previous two quarters. This result was achieved due to strong pre-letting, for example about 18,000 sq m were pre-let to the Wiener Stadtwerke Holding („TownTown“). Prime office rents in the city centre of Vienna have slightly increased to EUR 23.5/sq m/month. Also rents for good quality and average quality office space have increased slightly in the third quarter.]]></description>
<pubDate>Wed, 26 Nov 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Continues CEE Expansion with Opening of New Office in Montenegro]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2145]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc. (CBRE) announced that it has opened an office in Budva, Montenegro. The country is one of Central and Eastern Europe’s (CEE) fastest growing emerging markets and the future potential of its commercial real estate market is attractive to the company’s international clients.
]]></description>
<pubDate>Tue, 25 Nov 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Star Finance moves to StefániaPark office building]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2075]]></link>
<description><![CDATA[Star Finance independent financial consulting firm signed a lease contract on almost 120 m2 in StefániaPark office building, situated in the centre of the old diplomat and villa district of Zugló. With this transaction StefániaPark, represented exclusively by CB Richard Ellis, is already filled up to 65 per cent.]]></description>
<pubDate>Mon, 17 Nov 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Before the Crisis: Records in the Industrial Market]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2061]]></link>
<description><![CDATA[In Q3 2008 Hungary’s modern industrial stock exceed 1.3 million sq m

According to the latest Big Box Hungary report of CB Richard Ellis (CBRE), the modern industrial property stock in Hungary exceeded 1.3 mln sq m in Q3 2008. New supply in Q3 reached 51,700 sq m which is almost three times as high as in the same quarter of 2007. However the new supply throughout 2008 is already twice as much as the total completion for the whole of 2007. Global recession, however, will most probably make its mark on the real estate sector: previously planned developments and handovers will likely to be delayed.]]></description>
<pubDate>Thu, 13 Nov 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Benchmark Investment Transaction on the Hungarian Real Estate Market]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2055]]></link>
<description><![CDATA[SEGRO Plc recently sold the Tulipan Park logistics centre to SEB Asset Management, one of the leading real estate fund managers in Germany, for approximately EUR 20 mln. The vendor was represented by global property adviser DTZ, who completed the deal despite extremely challenging market conditions. The buyer instructed CB Richard Ellis International Property Advisers to provide consultancy during the due diligence process.
]]></description>
<pubDate>Wed, 12 Nov 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[IPD Vendel Park I. is Popular Among Tenants ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2054]]></link>
<description><![CDATA[Two-thirds of the park is already full, thanks to CBRE

Plastic producing firm A.Schulman Kft. and a leading service provider in Europe for textile services, washroom hygiene and mats CWS-boco Hungary Kft. are the first tenants to sign contracts in the warehouse of IPD Vendel Park I., on over 3000 sq m and around 1550 sq m, respectively. ]]></description>
<pubDate>Wed, 05 Nov 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[European Rents Remain Stable in the Third Quarter Of 2008]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2021]]></link>
<description><![CDATA[Despite the economic uncertainty affecting European and world markets at the present time, prime rents across Europe remained stable in the office and retail sectors during the third quarter of 2008, with rents in the industrial sector falling slightly, according to the latest CB Richard Ellis Rent Indices. However, whilst the annual rental growth rates for all three sectors are still in positive territory there are growing indications of downward pressure on rents in a number of countries as the continued financial uncertainty reduces confidence in the occupier markets. This may in turn contribute to a general reduction in corporate occupation costs.]]></description>
<pubDate>Fri, 31 Oct 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Consideration and stable rents on the Budapest Office Market]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=2020]]></link>
<description><![CDATA[According to the newest CB Richard Ellis Budapest Office Market View, players of both the demand and the supply side play for safety. The launched projects are being completed according to original schedule but the future pipeline will have to be revised due to financial challenges. Transactions have so far not been jeopardized because of current financial situation but advisors report the need for longer negotiation periods before closing transactions.]]></description>
<pubDate>Tue, 28 Oct 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Becomes First Commercial Real Estate Services Firm to Join the Climate Group]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1965]]></link>
<description><![CDATA[CB Richard Ellis Group, Inc. (CBRE) became the first commercial real estate services company to join The Climate Group, the global, independent organization dedicated to accelerating action on climate change.]]></description>
<pubDate>Mon, 20 Oct 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Double Win for CBRE at the European Property Awards ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1966]]></link>
<description><![CDATA[CB Richard Ellis (CBRE) has been named European Industrial Team of the Year for the second year running at the European Property Awards. The company’s capital markets team was also singled out, winning European deal of the year for its advisory role on the €4.4 billion sale and leaseback of Banco Santander’s 1,200 property portfolio. At a time of greater market uncertainty, both awards recognise the strength and flexibility of CBRE’s international platform.  ]]></description>
<pubDate>Mon, 20 Oct 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[German Open-Ended Fund Set to Capitalise on Credit Crisis]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1924]]></link>
<description><![CDATA[€25 billion spending potential by GOEFs over next two years]]></description>
<pubDate>Tue, 14 Oct 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Named Global Nr1 in 2008 Euromoney Awards]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1917]]></link>
<description><![CDATA[CB Richard Ellis has been named the top global real estate advisor in the 2008 Euromoney Liquid Real Estate Awards.  This is the third time in four years that the company has won this prestigious award. ]]></description>
<pubDate>Mon, 13 Oct 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Office Agency Welcomes New Experts]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1789]]></link>
<description><![CDATA[CB Richard Ellis is pleased to announce the arrival of two property experts to its office agency team this summer: Judit Varga was appointed Head of Office Agency and Zoltán Fábián joined CBRE as Property Advisor. The new colleagues will be chiefly responsible for office letting.]]></description>
<pubDate>Wed, 10 Sep 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[All Property capital values fell a further 2.1 percent in August, 11.2 percent in the year-to-date ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1784]]></link>
<description><![CDATA[All Property equivalent yield now 7.2%, up 80 basis points in 2008 alone]]></description>
<pubDate>Mon, 08 Sep 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Became Business Superbrand 2008]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1749]]></link>
<description><![CDATA[CB Richard Ellis International Property Advisor won the "Business Superbrand 2008" title, which was awarded for the first time in Hungary this year. This award is given to brands in the business sector that represent quality, reliability and distinction.

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<pubDate>Mon, 01 Sep 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE’s Valuation Team Powers Ahead ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1647]]></link>
<description><![CDATA[CB Richard Ellis (CBRE) Hungary announces that Ian James has been appointed Head of Valuation, while Graham MacMillan has joined CBRE as Senior Valuer.  Both RICS qualified experts relocated from the UK to join the Budapest team, reinforcing its market leading position.  With the two new members the Property Valuation Department has grown to five, having the best mix of expertise in the Hungarian valuation market.]]></description>
<pubDate>Wed, 13 Aug 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Record activity on the restructuring industrial market]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1646]]></link>
<description><![CDATA[As the industrial market of Budapest, and surrounding districts, has been rapidly evolving in recent years, CB Richard Ellis divided Budapest and its surrounding industrial locations graphically into three separated submarkets –stands in the quarterly market view report of the company that was announced in the past days.  ]]></description>
<pubDate>Wed, 13 Aug 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Budapest Office Market Shows Different Faces for Investors and Occupiers]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1599]]></link>
<description><![CDATA[The Budapest commercial property market closed a two-faced first half this year – it was announced at the quarterly press conference of CB Richard Ellis. The property investment market has significantly slowed down and closed with a turnover of EUR 150 million in the first half of 2008. Although the Hungarian financial system is not connected to the US subprime market, the local market is heavily affected by the consequences of the credit crunch. ]]></description>
<pubDate>Wed, 30 Jul 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Foundation Stone of the Cornerstone Offices is Laid]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1596]]></link>
<description><![CDATA[A traditional groundbreaking event today celebrated the official start of the construction of the Cornerstone Offices, developed by SBI R.E.D. The 24,000 sq m office building in the 13th district, represented exclusively by CB Richard Ellis, will be exceptionally easy to reach as it is located directly at the Forgách utca metro station.]]></description>
<pubDate>Tue, 29 Jul 2008 00:00:00 GMT</pubDate>
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<title><![CDATA['First Site' Hotel and Business Complex Celebrates its Topping Out]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1544]]></link>
<description><![CDATA[In the heart of Budapest, on the plot of the once popular 'Úttörő' (Pioneer) department store, TerraConsult is developing the 'First Site' Hotel and Business Complex. The building, exclusively represented by CB Richard Ellis, has almost 23,000 m² gross commercial floor space, including a hotel, a restaurant, offices and a shopping passage. This mixed-use development in the 5th district is one of the most noticed construction projects in the city that can give impetus to the rebirth of Kossuth Lajos street, the formerly prominent downtown high-street shopping destination.]]></description>
<pubDate>Thu, 10 Jul 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Flórián Udvar, the office development of BIF Group has been completed]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1492]]></link>
<description><![CDATA[Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt. (BIF) is proud to announce that it has handed over the 2nd phase of Flórián Udvar. The office complex offers more than 10,000 sqm lettable area of A-category office space.]]></description>
<pubDate>Fri, 27 Jun 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Property Forum Budapest - development roundtable, 18 June]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1404]]></link>
<description><![CDATA[We wouldlike to invite you to the "Property Forum Budapest" development roundtable discussion, organised by the REevolutio Program Office.

Our guest will discuss the current property development situation in the Central and Southeast European region as well as in Hungary. 

Date: Wednesday, 18 June 2008 3PM

Venue: Merlin Theater (Budapest district 5, Gerlóczy u. 4.)

The participants of the discussion:
• Dr. Péter Szaló – Ministry of National Development and Economy
• Sándor Fegyverneky – National Chief Architect
• Károly Gombai Nagy – Senior Consultant - ITD Hungary
• Tibor Földi – Business Development Director - Futureal
• Emese Horváth - Development Director - IVG Development Hungary Kft.
• Attila Berkényi – Fellerer Kft
• Gábor Borbély – Market Analyst - CB Richard Ellis


Moderator: András Balázs Sütő - Naos Kft.

The event is closed by a reception.
Attendance is free of charge.

Further information: www.propertyforumbudapest.com

]]></description>
<pubDate>Wed, 11 Jun 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Őrmező Office Park is jointly developed by Futureal and Akron]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1401]]></link>
<description><![CDATA[Futureal Group has launched a new investment in Őrmező to transform the cityscape with the Austrian Akron Group. Similarly to Corvin Promenade where a new city center is being born, the western gate of Budapest witnesses the start of the realization of a brave dream with the implementation of the Office Park of Őrmező. The ambition of the investors here is to reshape the silhouette of South Buda by developing a compelling office park in the largest multimodal node of Hungary.]]></description>
<pubDate>Wed, 11 Jun 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CEE real estate market bucks the global trends]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1379]]></link>
<description><![CDATA[Worldwide investments into the real estate market were regressing in the first quarter of 2008. However, investments into the CEE markets broke the trend in the first three months of 2008 when the investment volume reached a high level of about € 3 billion. Compared to 2007 this corresponds to 21% of the total annual turn-over, whereas from experience the first quarter is known to be the weakest one. 

CB Richard Ellis experts observe the following trend: until 2007 especially Central European markets such as Poland, the Czech Republic and Hungary were of interest, now the interest for investments has shifted to Southeast- and Eastern Europe. Like in Austria, German Open-ended Funds are among the most active investors in the CEE markets, such as other institutional investors whose activities will be intensified in the upcoming quarters. Austria is like before one of Europe’s most stable markets.]]></description>
<pubDate>Tue, 03 Jun 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[BJ48 Office Building is Full with Tenants ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1378]]></link>
<description><![CDATA[The Support Management Directorate of the Hungarian Ministry of Education and Culture (OKMT) signed a lease contract for almost 1,000 square meters in BJ48 Office Building on Bajcsy-Zsilinszky street. Due to this transaction, the entire office space of this recently renovated property – represented exclusively by CB Richard Ellis - is now taken by tenants.

The Support Management Directorate will occupy the whole 3rd and 4th floor in Markland Investment’s centrally located development that has only a 470 square meter retail unit left to let.]]></description>
<pubDate>Fri, 30 May 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CBRE Sponsors 6th Annual Rotary Charity Gala ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1357]]></link>
<description><![CDATA[Charity arching over the human lifespan

A unique programme of entertainment, combinations of classical, light, popular and folk art in one evening, contributing to noble causes – that is the 6th annual Rotary Charity Gala, held on the 29th May 2008 in Thália Theatre. The event, supported by CB Richard Ellis, is in aid of the Hungarian Hospice Foundation and the Sudden Infant Death Syndrome initiative.]]></description>
<pubDate>Tue, 27 May 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[The foundation stone of Piramis Center, the new shopping centre of Tiszaújváros is laid]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1358]]></link>
<description><![CDATA[The stone laying celebration of Piramis Center in Tiszaújváros was held on 22 May 2008. The project, developed by Casaro Hungary has been exceptionally popular with tenants like Alexandra bookstore, Leonardo shoe shop, Vodafone or UniCredit Bank, among many others. A pharmacy, a large Hungarian supermarket chain, a drugstore, as well as an international sport retailer and a newspaper distributor will also contribute to the wide palette of services. The nearly 6.000 square meter shopping center, represented by CB Richard Ellis, will open in November 2008.]]></description>
<pubDate>Thu, 22 May 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[GTC Metro - the contruction has started]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1174]]></link>
<description><![CDATA[The construction of the GTC Metro offices started on 1 March 2008, according to plans. The 8-storey development, represented by CB Richard Ellis, consists of two builings and is located on the Váci Business Corridor, at the corner of Váci út and Gács utca. The new 'A' class development of GTC Hungary Property Develompent Corporation will be ready by the first quarter of 2009.]]></description>
<pubDate>Tue, 08 Apr 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[ProLogis Leases 16,000 Square Meters of Warehouse Space ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1172]]></link>
<description><![CDATA[Largest agency transaction of 2007

ProLogis (NYSE: PLD), the world’s largest owner, manager and developer of distribution facilities, today announced that it has leased 16,000 square meters of industrial space at ProLogis Park Budapest-Gyál to cargo-partner, leading provider of integrated logistic services. CB Richard Ellis, the largest global commercial real estate services firm, acted as an advisor for that transaction. ]]></description>
<pubDate>Mon, 17 Mar 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Rental Growth Prospects will Drive Investment Decisions in 2008]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1125]]></link>
<description><![CDATA[London, 12th March 2008 – CB Richard Ellis Group, Inc. today announced that final figures for 2007 showed that Europe’s commercial real estate investment market reached €246 billion, 6% higher than the previous year’s record level. 
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<pubDate>Wed, 12 Mar 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[BNP Paribas moves with the assistance of CBRE]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1176]]></link>
<description><![CDATA[CB Richard Ellis was instructed by BNP Paribas to sell their headquarters and to find new premises for the bank at the same time. The two processes were run simultaneously, with CBRE exclusively representing BNP Paribas in both transactions. The challenge of this instruction was to make sure that the new leasing contract is signed at the same time the sale of the property is finalized. 
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<pubDate>Tue, 11 Mar 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Hirst receives Lifetime Achievement Award at International Hotel Investment Forum]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1111]]></link>
<description><![CDATA[At the 11th annual International Hotel Investment Forum held in Berlin from the 3rd to the 5th March, Michael Hirst OBE, Consultant to CBRE Hotels and former Chairman and Chief Executive Officer of Hilton International received the prestigious Lifetime Achievement Award.]]></description>
<pubDate>Fri, 07 Mar 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Construction Commences at Quartz Point ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1107]]></link>
<description><![CDATA[Construction has kicked-off at Quartz Point Business Park – Maximus’ new £9 million office development in Solihull. CB Richard Ellis and KWB have been appointed as joint agents.]]></description>
<pubDate>Thu, 06 Mar 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CB Richard Ellis Acquires Eurisko, The Largest Independent Real Estate Services Firm in Romania ]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1015]]></link>
<description><![CDATA[Bucharest, Romania, 8 February 2008 -- CB Richard Ellis Group, Inc. today announced the acquisition of Eurisko Consulting SRL, the largest independent commercial real estate services company in Romania. The purchase price is approximately $35.0 million, subject to a post closing audit. The acquisition further enhances CB Richard Ellis’ ability to deliver the premier commercial real estate services offering across Central and Eastern Europe (CEE) by giving the Company a leading position in one of the region’s fastest growing economies.

]]></description>
<pubDate>Fri, 08 Feb 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Budapest office market expands further in 2008]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1100]]></link>
<description><![CDATA[Budapest modern speculatively built office stock stands at 1.86 million sq m at the end of 2007. The annual completion level reached a record 193,700 sq m which is the highest ever - was announced at the annual press conference of CB Richard Ellis today. ]]></description>
<pubDate>Thu, 31 Jan 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[Budapest office market expands further in 2008]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1177]]></link>
<description><![CDATA[Budapest, 31st January 2008. - Budapest modern speculatively built office stock stands at 1.86 million sq m at the end of 2007. The annual completion level reached a record 193,700 sq m which is the highest ever - was announced at the annual press conference of CB Richard Ellis today.  Most of this was completed as category A office space. Twenty projects were completed this year, of which six exceeded 15,000 sq m. New supply was evenly dispersed in the Central and Non-Central submarkets across the most significant office hubs, whereas no new office projects delivered in the Periphery this year. ]]></description>
<pubDate>Thu, 31 Jan 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CB Richard Ellis Group, Inc. selected by Oracle as EMEA]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=1053]]></link>
<description><![CDATA[London, 18 January 2008 – In one of the most significant property contract awards in Europe, CB Richard Ellis (NYSE: CBG) announced today its selection by Oracle Corporation (NASDAQ: ORCL)  as the preferred commercial real estate services provider for Oracle’s 3.8 million sq ft EMEA portfolio consisting of over 120 properties in 59 countries. ]]></description>
<pubDate>Fri, 18 Jan 2008 00:00:00 GMT</pubDate>
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<title><![CDATA[CB Richard Ellis No.1 brokerage firm in Real Estate Forum 100]]></title>
<link><![CDATA[http://www.cbre.hu/hu_en/news_events/news_detail?p_id=844]]></link>
<description><![CDATA[CB Richard Ellis is the #1 brokerage firm in commercial real estate, according to a new ranking of the industry’s top 100 companies in Real Estate Forum’s November 2007 issue.]]></description>
<pubDate>Mon, 03 Dec 2007 00:00:00 GMT</pubDate>
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