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

Opportunities Exist, But Market Becoming More Cautious

With economic, financial, and geopolitical uncertainties acting as barriers to development and demand in office, retail and hotel, future development...

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

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

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

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

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...