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Savills returns to Hungary

Nathan North 02 October 2017

Nathan North

Deputy editor

+48 22 356 25 22
nathan@eurobuildcee.com

Nathan is responsible for the English section of the magazine. Nathan was born in Manchester in the UK and completed a master’s degree in philosophy at the University of London. As well being responsible for editing the English section of ‘Eurobuild CEE’ magazine, he also contributes news from around Central Europe and articles on the investment and industrial markets and on architecture. In his free time he likes playing piano, drawing and cooking.

Savills returns to Hungary
Adorján Salamon, the CEO of Eston International
HUNGARY Savills has re-entered the Hungarian market by forming a partnership with property advisor Eston International.

Savills closed it first Hungarian office in 2008 after two years following the onset of the credit crunch. The company also opened an office in Prague in January 2017 in a mutual co-operation agreed with Crosspoint in Romania in July 2017.

Eston, which was founded in Budapest 1993 as Biggeorge’s before changing its name to Eston International at the end of 2004, is headed by CEO Adorján Salamon. It provides full real estate advisory services to such clients as Skanska, HB Reavis, Futureal, Daikin, MOL, Bluehouse Capital and Nokia Networks.

Mark Ridley, the CEO of Savills UK & Europe, has commented: “This association is part of our strategy to expand Savills footprint across the CEE region and enables us to provide our clients with a seamless service across the region. Hungary offers some of the most exciting real estate opportunities in the CEE region and we are confident Eston can help us to identify these.”

Adorján Salamon, added: “We see the cooperation with Savills as a great professional and business opportunity where both parties may benefit from improved international relations and market knowledge. Working with Savills will help us to extend our service to institutions and property companies looking to invest in this area, as well as introduce Hungarian clients to the wider European market through its extensive network of offices.”


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