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Stay up to date with the latest news of ESTON, and across the commercial real estate market.
The Office Vacancy Rate Will Continue to Rise, but Investment Volumes May Have Bottomed Out. Adorján Salamon, CEOof ESTON International, remains optimistic: the company he leads had a particularlysuccessful year.
ESTON International has been appointed as the exclusive leasing representative for Liget Center Vitrum, one of the latest and most modern office buildings in the 6th district of Budapest, offering premium office space for prospective tenants next to the City Park (Városliget).
ESTON’s dedicated Capital Markets team, in partnership with Savills, has successfully supported Shopper Park Plus Nyrt.’s (SPP) Slovakian affiliate in the sale and leaseback acquisition of a Tesco-anchored retail park and shopping center portfolio in Slovakia.
According to the latest forecast from our international partner, Savills, European real estate investment volumes are expected to exceed €50 billion in the first quarter of 2025, representing a 28% increase compared to the same period in the previous year.
Salamon Adorján is the Managing Director and owner of ESTON International. Since its establishment, the company has grown into the largest Hungarian-owned consultancy in the domestic commercial real estate market, with a team of over 40 professionals.
In recent times, the commercial real estate market has faced numerous challenges, one of the most significant being the substantial pricing differences between sellers and buyers.
This year, the 20th jubilee Portfolio Property InvestmentForum was held at the Hotel InterContinental Budapest, where industry leadersand experts gathered to discuss trends and insights in the commercial realestate sector.
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