Office Market

Office Market

Renovation of Krausz Palace Approaches Completion

The modernization of the Krausz Palace on Budapest's Andrássy út is nearing completion, according to a press release sent to...

Office Market

The MOL Campus, Budapest’s 1st True Skyscraper, Inaugurated

The MOL Campus, where around 2,500 employees will work, has been inaugurated. The 143-meter building will open its doors to...

Office Market

Veeva Systems Hungary Relocates to RoseVille Office Development

Veeva Systems Hungary will relocate its Hungarian and regional HQ to RoseVille, under development by Atenor Hungary. The 2,500 sqm...

Office Market

Liberty Complex to Welcome New Int’l Tenant

Wing and Geodis have concluded a long-term lease agreement for a 1,200 sqm office space of the Liberty complex in...

Office Market

Graphisoft Park Aims for Feb 15 Date to Modify Share Currency

Graphisoft Park will request that its shares trade in euros, instead of forints, from February 15, 2023, the business park...

Office Market

Budapest ONE 1st Office Building in Hungary With Highest Well Rating

The first 25,000 sqm phase of Budapest ONE has received Well “Platinum” certification, the highest rating available from the third-party...

Office Market

MOL Campus Inaugurated

The inauguration of the 143-meter-high MOL Campus took place yesterday, according to a press release sent to the Budapest Business...

Office Market

Veeva Systems Relocates Budapest Office to Roseville

Veeva Systems Hungary, the Hungarian unit of Veeva Systems Inc. has decided to relocate its Budapest site to RoseVille, developed...

Office Market

Infomix Becomes Tenant at CityZen

Infomix, a company that has been developing software for Hungarian doctors since 1990, became a tenant of the CityZen Office...

Office Market

Services Centers Help Drive Success of the Budapest Office Market

Whether you call them shared service centers (SSCs), business services centers (BSCs), or global business services centers (GBCs) and what...

Office Market

Graphisoft Park EGM Clears Shares to Trade in Euros

Shareholders of Graphisoft Park, which owns and operates an eponymous business park in the north of the capital, mandated the...

Office Market

Positive Budapest Office Figures Recorded

Total supply in the Budapest office market has reached 4.7 million sqm as of the third quarter of the year,...

Office Market

Graphisoft Park Profit Rose 18% y.o.y.

Net profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 18% year-on-year...

Office Market

Record may Fall, but Restrained Activity Prevails in the Office Market

Few office developments are expected to be undertaken in the near future as supply and demand in the Budapest office...

Office Market

Developments Delivered Amid Rising Market Concerns

Although there are substantial pipelines in the office, logistics, and even the hotel markets in Hungary, questions remain about demand,...

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,...