CBRE launches new retail department in Hungary

CBRE expands its new retail department team with a Senior Advisor. Szabolcs Koroknai joined the world’s leading real estate advisor’s office in Budapest in September.

Szabolcs Koroknai was appointed as the Senior Advisor of the new retail division of CBRE. The 42-year specialist has been working on the commercial real estate market in Hungary for 12 years, where he spent three years on the development side (Mammut, Strabag), and then worked for nine years as retail consultant at Colliers International. Koroknai was involved with leasing shopping centers and retail parks, and he represented such clients as Mosaic Property, Mammut, WING, Europa Fund and Portico Invest, and C&A, H&M, Orsay, Raiffeisen Bank, McDonald’s and Alexandra Books.

“We are delighted that as recognized expert of the market Szabolcs now strengthens our team. We believe that his persistent work and his expertise will contribute to the success of CBRE.” – said about the appointment Adrienne Konthur, Managing Director of CBRE Hungary. Regarding the plans for the future Szabolcs Koroknai added that CBRE wishes to become the dominant player in the retail real estate market, therefore more experts will be hired by the new department.