Office Market

Office Market

MBH Gondoskodás Funds Pick H2Offices as HQ

Skanska secured MBH Gondoskodás Health and MBH Gondoskodás Pension Funds as new tenants of the first phase of H2Offices, according...

Office Market

Academia Office Building Nearing Handover

The former headquarters of Raiffeisen Bank has undergone complete renovation to serve as Convergence’s Academia office building, and is now...

Office Market

H2Offices Awarded a Record Hungarian Leed ‘Platinum’ Score

The first phase of H2Offices, the latest Budapest development by Skanska, has been awarded a Leed “Platinum” rating with what...

Office Market

IWG to Open 4 New Regus, HQ Centers in Hungary

Hybrid working solutions company IWG, is set to expand its presence in Hungary with four new openings, adding a total...

Office Market

MOL Campus Aims to Lure Employees Back to the Office With Human-centered Spaces

MOL Campus, the tallest building in Budapest at 143 meters, is positioning itself as the office of the future, offering...

Office Market

Atenor Completes RoseVille Office Center Development

Leading Budapest office developer Atenor is set to deliver its latest office project, RoseVille, in Óbuda. In general, ongoing office...

Office Market

Icon Becomes Operator of BudaPart Downtown

In addition to BudaPart City, Icon Real Estate Management's experts are now also operating BudaPart DownTown in the South Buda...

Office Market

MBH Bank to Build New Headquarters in Budapest

MBH Bank will build its new headquarters in Budapest's District XIII, the bank said on Wednesday, according to a report...

Office Market

Renewed Facade of Corvin Palace Unveiled for 1st Time

A Hungarian private family developer is reconstructing a classical-style former department store building into what it says will be a...

Office Market

RoseVille Office Building Obtains Occupancy Permit

One month before the handover of the first tenant’s premises, RoseVille, developed by Atenor, was granted the occupancy permit, according...

Office Market

Deutsche Telekom IT Solutions Moves to Telekom HQ Building

Deutsche Telekom IT Solutions has moved to Telekom HQ, a Wing development, meaning that one of the largest office buildings...

Office Market

Economic Climate Restrains CEE Investment Activity

The first quarter of 2023 saw CEE investment volumes decline by around 57% year-on-year. That is still marginally better than...

Office Market

More Developers Delivering Well-accredited Office Buildings

IBM has established its headquarters in the first 16,000 sqm phase of the Corvin Innovation Campus. The complex, in the...

Office Market

Finding the Balance in a Developing Market

You don’t have to be a real estate expert to appreciate how far and fast the automotive and e-mobility sectors...

Office Market

New Tenant in Wing’s Hungária Office Park Development

Another significant tech company has chosen Hungária Office Park (HOP), a Wing development. Lightware Zrt. is moving its headquarters to...

Office Market

Budapest has a Limited Speculative Office Pipeline

A limited speculative office pipeline in Budapest is predicted to result in a low supply of quality, well-located contiguous office...

Office Market

Ready When You Are: Rethinking the Office Around the Tenant

Occupiers no longer lease floor area; they buy a working environment. In a tighter economic climate, the landlords that win...

Office Market

Realis Group’s Business Portfolio Expands With New Subsidiary

Realis Group has expanded its operations with the establishment of Realis REM Ltd., a new subsidiary created to manage and...

Office Market

Speculative Office Projects Proving Rare in Budapest

In a rare speculative Budapest office project, the second phase of the 67,000 sqm H2Offices office complex in Váci út...

Office Market

Demand Grows for Quality Space Across CEE

Speculative development in Budapest, as in other CEE office markets, remains low. Developers are exercising caution in their development strategies...

Office Market

Skanska Tops Out Phase II of H2Offices Complex

The second phase of the 67,000 sqm speculative H2Offices office complex in the upper reaches of the Váci út office...

Office Market

IWG Revenue Rises as Network Expansion Accelerates in Q1

International Workplace Group started 2026 with continued revenue growth, supported by rising enterprise customer demand and strong momentum in its...

Budapest has a Limited Speculative Office Pipeline

A limited speculative office pipeline in Budapest is predicted to result in a low supply of quality, well-located contiguous office...

Ready When You Are: Rethinking the Office Around the Tenant

Occupiers no longer lease floor area; they buy a working environment. In a tighter economic climate, the landlords that win...

Budapest Office Vacancy Rises to 13.1% as Leasing Demand Falls Year-on-Year

Budapest’s office vacancy rate rose to 13.1% in the third quarter of 2026, while total leasing demand fell 9% year-on-year,...

Budapest Office Supply Tightens, Vacancy Falls, Rents Flat

Budapest's office market is tightening, with the vacancy rate at 12.2% even as rental prices remain at EUR 25 per...

Skanska Completes Façade at H₂Offices Phase 2

Skanska has completed the façade and roof waterproofing at H₂Offices Phase 2 in Budapest, enclosing the building as interior work...

Henkel Hungary, ARM Hungary Expand Offices at Millennium Gardens

Millennium Gardens’ two largest tenants, Henkel Hungary and ARM Hungary, have both expanded their office space and signed new long-term...

Realis Group’s Business Portfolio Expands With New Subsidiary

Realis Group has expanded its operations with the establishment of Realis REM Ltd., a new subsidiary created to manage and...

CEE Office Development Slows to Unprecedented Levels

The office markets of Central and Eastern Europe’s six largest capitals (Prague, Warsaw, Budapest, Bucharest, Bratislava and Sofia) entered 2026...

Speculative Office Projects Proving Rare in Budapest

In a rare speculative Budapest office project, the second phase of the 67,000 sqm H2Offices office complex in Váci út...

Moving the Office From a Place of Work to a ‘Lifestyle Destination’

Office interior elements related to the design, layout, amenities, energy usage and property and facilities management are now regarded as...

Budapest’s Office Market Evolves Toward Quality-driven Growth

Budapest is following a broader int'l shift toward prime-quality office assets, visible across global markets, where occupiers are increasingly consolidating...

BREEAM V7 Launched to Meet New Industry Challenges

The latest, seventh version of the BREEAM third-party accreditation system places a stronger emphasis on advancing decarbonization efforts to mitigate...

Demand Grows for Quality Space Across CEE

Speculative development in Budapest, as in other CEE office markets, remains low. Developers are exercising caution in their development strategies...

Skanska Tops Out Phase II of H2Offices Complex

The second phase of the 67,000 sqm speculative H2Offices office complex in the upper reaches of the Váci út office...

IWG Revenue Rises as Network Expansion Accelerates in Q1

International Workplace Group started 2026 with continued revenue growth, supported by rising enterprise customer demand and strong momentum in its...