Szatyor

Main Menu

  • Home
  • Hungary economy
  • Budapest real estate
  • Budapest mortgages
  • Hungary banks
  • Investment

Szatyor

Header Banner

Szatyor

  • Home
  • Hungary economy
  • Budapest real estate
  • Budapest mortgages
  • Hungary banks
  • Investment
Budapest real estate
Home›Budapest real estate›CPI Hungary integrates property management services – BBJ

CPI Hungary integrates property management services – BBJ

By Arthur Holmes
May 10, 2022
0
0

CPI Hungary has integrated all property management activities of its domestic retail portfolio, as besides property management and leasing, legal services are provided by company employees, according to a press release sent to Budapest Business. Log.

As a result, the company’s workforce has increased by 40% and there are no outsourcing services for any activity.

CPI says it has high expectations for the full integration of retail management, as more efficient property management can help increase tenant satisfaction, adding that the company’s integrated, in-house portfolio management model has already met expectations in the office market.

The move will allow the company to respond more directly and quickly to the needs of tenants. Concentrating full-service management in one hand will also allow the company to more effectively manage changes in the market, which in turn will help to ensure that stores’ interests are served and their competitiveness is maintained, the company adds. ‘business.

In 2017, CPI acquired a significant amount of commercial real estate in Hungary, followed by the repositioning of shopping centers and small businesses and the professionalization of management. The efforts have paid off, as regional malls are becoming increasingly popular with visitors.

In addition, the Campona shopping center, which is part of the company’s portfolio, will be renovated this spring into a family experience center. The revitalization project aims to respond to new trends and shopping needs, with refined interior design and a focus on entertainment.

“We believe that the best service to our tenants can be rendered by carrying out all real estate-related activities ourselves. The satisfaction and loyalty of our tenants have already proven this in the office segment, where the approach integrated ownership has been successful since the home of CPI -increasing success in 2014, and we anticipate similar effectiveness and increasing tenant satisfaction in the retail sector.In the future, our tenants will be able to contact us directly, which which we hope will increase the competitiveness of our stores,” said Attila Madler, Director of CPI Hungary Asset Management.

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing decent journalism is an expensive business. For 27 years, the editors, editors and reporters of Budapest Business Journal have strived to bring you business news that works, information you can trust, that is factual, accurate and presented without fear or favour.

News organizations around the world are struggling to find a business model that allows them to continue to excel, without compromising their ability to perform. More recently, some have experimented with the idea of ​​involving their most important stakeholders, their readers.

We would like to offer this same opportunity to our readers. We would like to invite you to help us provide the quality business journalism you need. Hit our Support the BBJ button and you’ll be able to choose how much and how often you send us your contributions.

Related posts:

  1. Chinese Fudan University to open campus in Budapest, raising security concerns
  2. Home Sales in Canada, Average Price Drop in April, Real Estate News, ET RealEstate
  3. Budapest rejects plans to build Chinese university – EURACTIV.com
  4. New home prices in China rose at the fastest pace in eight months in April, Real Estate News, ET RealEstate

Categories

  • Budapest mortgages
  • Budapest real estate
  • Hungary banks
  • Hungary economy
  • Investment

Recent Posts

  • Why doesn’t Hungary support EU sanctions against Russian oil? | Oil and Gas News
  • CPI Hungary integrates property management services – BBJ
  • Yapily to acquire finAPI as part of open banking consolidation move – TechCrunch
  • Le Clos is part of the South African team for its 7th world champions
  • Weeklies on the opposition one month after its electoral defeat
  • Privacy Policy
  • Terms and Conditions