Budapest Selected As Host City for CoreNet Global Summit, World's Leading Forum for Occupiers and Property Managers

BRUSSELS - 9 February 2004 - CoreNet Global, the world's leading professional association for corporate occupiers, property managers and economic developers, has selected the city of Budapest, Hungary to host the CoreNet Global Europe Summit from 19 - 21 September 2004.

The September 2004 event in Budapest is expected to attract more than 350 industry professionals from Europe, as well as North America, Asia and Australia. CB Richard Ellis will serve as the title sponsor for the event, which is regarded as the corporate real estate industry's leading forum for professional development.

The Global Summit programme will focus on Corporate Real Estate 2010, CoreNet Global's research and leadership development initiative that is shaping the future vision of the changing nature of work and the workplace.

"As an important emerging global market and a centre for business and commerce in Central and Eastern Europe, Budapest provides the ideal backdrop for the dialogue of how corporate real estate is becoming an enabler for change in organisations today," said John Suyker, CoreNet Global Europe Chair.

The previously announced 2004 host city of Hamburg, Germany will serve as the site for the September 2005 Global Summit in Europe.

Sponsorship opportunities are available by contacting Katleen Beeckman on +32 2 503 2378 or by email at kbeeckman@corenetglobal.org