Office Market

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

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

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

InfoGroup: Built on Time, and Built-to-suit

The privately held Hungarian real estate developer InfoGroup is pursuing what it says is a distinct strategy compared to many...

Office Market

Strong Hungarian Presence at Annual Mipim Expo in Cannes

The Mipim commercial real estate and investment expo at the Palais des Festivals in Cannes attracted more than 23,000 participants...

Office Market

Graphisoft Park Delays Transition to Dividend Payment in EUR

Graphisoft Park, which owns and operates a business park in the north of the capital, acknowledged that transitioning to payment...

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...

Office Market

Hungary’s Liwo Group Harnesses Technology as a Leading Pan-European Facilities Manager

Over the last decade, Liwo Group, one of the leading facilities management companies in Central and Eastern Europe, has sharpened...

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...

Hungary’s Liwo Group Harnesses Technology as a Leading Pan-European Facilities Manager

Over the last decade, Liwo Group, one of the leading facilities management companies in Central and Eastern Europe, has sharpened...

Second Phase of H2Offices Reaches Structural Completion

The second phase of the H2Offices office complex in Budapest's Váci Corridor has reached structural completion, marked by a topping...

Low Development Pipeline Results in Tightening Supply of Quality Space

The Budapest office development pipeline remains relatively limited, reflecting a cautious approach from developers and a lack of speculative construction,...