Office Market

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

MNB: Commercial Property Market Requires Special Attention

Hungary's commercial property market requires special attention as higher energy, construction, and financing costs challenge both demand and supply sides,...

Office Market

TriGranit Hands Over 1st Phase of Millennium Gardens

TriGranit has completed the first phase of its Millenium Gardens office project overlooking the Danube on the Pest bank of...

Office Market

Customer trust is the best investment

A happy workplace helps employees to be mentally and physically fit to perform at their best in a stress-free environment....

Office Market

EU Taxonomy and Real Estate Investments

As evidenced by recent CEE commercial office transactions, ESG investing (the integration of environmental, social and governance factors into the...

Office Market

2nd Phase of Corvin Innovation Campus Structurally Complete

The second phase of the almost completely contactless Corvin Innovation Campus office building has reached its highest point, according to...

Office Market

Multiple Challenges Changing the way Real Estate Market Operates

For anyone who wasn’t also working during the energy crisis of the 1970s, this must be the most challenging time...

Office Market

All Phases of Budapest One Office Building Obtain Occupancy Permit

The second and third phases of the Budapest One office building, developed in Őrmező in Budapest, the largest multimodal transport...

Office Market

ConvergenCE 1st to Launch VTS Rise Platform in Academia Office Building

ConvergenCE became the first company in Hungary to launch the VTS Rise platform in the Academia office building, committing to...

Office Market

Regional Investors Still Exercising Some Caution

Although investment volumes have been rising towards their pre-pandemic levels, investors continue to be wary in the uncertain economic and...

Office Market

Bright Spaces Announces Partnership With CA Immo Hungary

Bright Spaces and CA Immo Hungary have announced entering a partnership to transform the local real estate market through the...

Office Market

Phase 1 of Millennium Gardens Gets Occupancy Permit

The first phase of the Millennium Gardens office building, designed by FINTA Studio and developed by TriGranit, has received its...

Office Market

Uncertainty in the Investment Markets

While international, regional, and domestic investors continue to show interest in the Hungarian and Central European investment markets, the current...

Office Market

Futureal Investment Partners Redevelops Wratislavia Tower in Wroclaw

Futureal Investments Partners has announced that it will start the renovation of one of its recently acquired real estate investments...

Office Market

CPIPG to provide local asset management services to Immofinanz

Following the majority takeover of Immofinanz by CPI Property Group (CPIPG), resulting in the shareholding of about 77%, Immofinanz announced...

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,...