"As we see shifts in office space demand, properties that offer superior locations and amenities continue to attract discerning tenants who are increasingly adopting an office-first policy," says Csaba Zeley, managing director of ConvergenCE.

Amid a backdrop where the size of individual transactions has generally decreased since pre-2020 levels, market analyses from leading firms like CBRE and Cushman & Wakefield indicate that niche properties in prime locations remain highly sought after across Europe. Companies, especially small to medium-sized enterprises, actively seek high-quality properties that support long-term commitments.

Located in the heart of Budapest’s business district, Academia encompasses over 12,500  sqm of state-of-the-art office space, designed to meet the highest standards. It boasts several prestigious certifications, including the pre-certified Well Gold and Platinum, Breeam In-Use Excellent, and already received WiredScore Gold and Access4You, underlining its commitment to sustainability and accessibility.

"We appreciate our partners for their support and look forward to continuing to provide outstanding real estate solutions that shape the industry’s future," Zeley added. 

Key Deals at Academia

Saab, the global defense and aerospace leader, is set to open a new branch in Hungary at Academia Offices in September. The firm was particularly drawn to the tailored security and design elements.

In addition, Arago has recently expanded its footprint to over 1,075 sqm on the modern wing's sixth floor.

Shapr3D, a dynamically growing IT startup, has nearly doubled its office space within the district. It chose Academia Offices for its innovative design and accessibility, which align with the company's rapid expansion needs.

Roland Berger will move into Academia in July 2024. The international consulting firm selected the location for its sustainability features, including Breeam certification and strategic proximity to essential city amenities.