Office Market

Industrial Market Developing in Cities Across Hungary

Total stock in the Hungarian industrial market had reached 4.7 million sqm as of the end of the first quarter,...

Office Market

PM and FM Role Becoming Increasingly Enhanced

Ever more sophisticated requirements from tenants and staff, concerns over rising utility prices, and the increasingly central role of ESG...

Office Market

Challenges of CBD Development Lead to Multiple Budapest Office Districts

One of the significant challenges for office developers in Budapest is to source suitably-sized development plots with direct public and...

Office Market

Subdued Office Development Activity for 2023

A limited number of office development projects are expected to be undertaken in the immediate future. Developers are exercising caution...

Office Market

3rd-party Accreditation Setting the Standards for Office Interiors

Office interiors are now an intrinsic part of the project concept, design, leasing strategy, and property and facility management of...

Office Market

Uncertainty Seen Across Central European Markets

Total supply in the Budapest office market has reached 4.3 million sqm, 3.5 million sqm of which is speculative space....

Office Market

Market Talk: Questions Around Supply and Demand but ESG Grows in Significance

This Budapest Business Journal’s Office Special Report examines the Budapest market from the perspective of the issues facing developers and...

Office Market

Wing Announces New Boutique Office Project in Liget Center

Real estate developer Wing has announced the addition of a new office building to its Liget Center project, called Liget...

Office Market

Rejuvenated Park Atrium Welcomes DDB

A major player in the creative industry worldwide, advertising agency DDB signed a lease contract with Dereif Hungary to occupy...

Office Market

Graphisoft Park Earnings Rise 46% in Q1

First-quarter profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 46% year-on-year...

Office Market

Experienced Courier Company Moves to ZenGarden Office Building

Courier and logistics company, Fürgefutár.hu, founded in 2010, has selected ZenGarden as the location of its new office, according to...

Office Market

Graphisoft Park AGM Approves EUR 0.54/share Dividend

Shareholders of Graphisoft Park, which owns and operates a business park in the north of Budapest, approved payment of a...

Office Market

Budapest Airport Among 1st to be Awarded Well Accreditation

Budapest Ferenc Liszt International Airport has achieved the international Well Health and Safety Rating, confirming that the operator is taking...

Office Market

Hungary’s Cordia Completes Renovation of Listed Building in Birmingham

The leading Hungarian residential developer, Cordia, the residential arm of the Futureal Group, has completed the renovation of The Bank....

Office Market

IWG Opens New Regus Office Building in Szeged

IWG, the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, is opening a new flexible...

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

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,...

Office Market

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...

Office Market

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...

Office Market

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...

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

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...

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

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...

Office Market

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...

Office Market

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...

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...