The View 9

4

INTRODUCTION

LÓRÁNT KIBÉDI VARGA MRICS Managing Director

Dear The View Reader,

In 2019 we closed a very successful year and decade, celebrating the 25th Anniversary of CBRE Hungary along the way. As we flip the page to the new decade with this edition, 2020 holds another milestone for us as the 10th edition of The View will follow later this year. Our accomplishments last year did not go unrecognised. I’mpersonally proud of the 2019 results of independent research carried out by Euromoney, who named CBRE Hungary the number 1 real estate firm in the country in all five achievable categories. Also we were named as the Real Estate Advisor of the Year 2019 at the Real Estate Awards Gala. CBRE was recently named the top global brand in commercial real estate by The Lipsey Company, marking the 19th consecutive year in which we achieve this recognition. All this is clearly a reflection of our business successes and our passion towards real estate. Across CEE, our Advisory & Transaction Services Office team transacted ca. 1 million sq m of office space in 2019. In Hungary, we reached a record-breaking 130,000 sq m of annual office leasing, securing the market leading agency position for the second year in a row. Our Capital Markets group once again facilitated the largest investment volume amongst all locally active advisors, our Property Management business line became the dominant player in the outsourcing segment with ca. 750,000 sq m under management, and our Project Management team came out on top in the Best Fit-Out category at the CiJ Awards for their services provided for Jaguar Land Rover. Amongst the properties managed by us, Arena Mall won a Silver Award for Strategic Marketing at the ISCS SOLAL Marketing Awards, while Campona won two PRIZMA PR Awards and one prize at the LOLLIPOP creative activation awards.

In the current edition’s regional outlook section, Kate McMurtrie, Executive Director, Head of CEE Advisory & Transaction Services, Office Occupier, highlights the current office trends and occupier needs across the region.

We always aim to cover all topics in our magazine, but in case you might need tailored analysis or more in-depth data please don’t hesitate to turn to us.

Kind regards,

Managing Director Lóránt Kibédi Varga MRICS