Office Market

Office Market

Budapest modern office stock at 4.093 mln sqm in Q2

Budapest's total modern office stock added up to 4,093,250 sqm in Q2 2022, consisting of 3,398,770 sqm of "A" and...

Office Market

E.ON Hungária Agrees 16,000 sqm BakerStreet Letting With Atenor

Atenor has concluded a significant letting as E.ON Hungária will establish a 16,000 sqm Budapest headquarters at the Belgium-based developer’s...

Office Market

New tenant in myhive Haller Gardens

Immofinanz has signed a new lease for more than 5,000 sqm of space in the recently modernized myhive Haller Gardens...

Office Market

Wing acquires 2 historic downtown buildings in Budapest

Wing, one of the leading property developers and investors in the Hungarian real estate market, has acquired two historic buildings...

Office Market

Szervita Square wins World Gold FABCI Prix d’Excellence Awards

The Szervita Square Building by Horizon Development has won two World Gold FABCI Prix d’Excellence Awards. The international titles for...

Office Market

B+N Referencia Zrt. leases top floor of Árpád Center

B+N Referencia Zrt., a leading facility management company in Hungary, has rented 600 sqm office premises at Árpád Center, operated...

Office Market

PSI CRO to move to Park Atrium Office Building

Global clinical research organization PSI CRO (standing for contract research organization) will set up its new office on the fifth...

Office Market

E.ON to be 1st exclusive office tenant at BakerStreet

E.ON Hungária Zrt., the Hungarian unit of the E.ON Group has decided to move its Budapest site to BakerStreet, developed...

Office Market

100% occupancy reached at myhive Atrium Park

Thanks to successful new and extended leases, myhive Atrium Park, located on Váci út, has leased its entire 31,200 sqm...

Office Market

ExxonMobil Hungary moves HQ into Pillar office building

ExxonMobil moved its largest office in Europe into the Pillar office building in Budapest, according to a press release sent...

Office Market

CEE Investments Return to Pre-pandemic Levels in Q1

At EUR 2.83 billion for the first quarter of the year, Central and Eastern European (Bulgaria, the Czech Republic, Hungary,...

Office Market

Property and Facility Management Leading the ESG Charge

With the increased importance of office interiors, property management and facility management are seen as needing to adapt to new...

Office Market

Budapest Office Stock 4 mln sqm and Growing

Total modern office stock in Budapest surpassed four million sqm in the first quarter of 2022 according to the Budapest...

Office Market

Post-pandemic, Office Interiors are Having to Evolve

Office interior themes have become integrated into the concept, design, leasing strategy, and property management and facility management of office...

Office Market

Market Talk: Offices an Evolving Rather Than Endangered Species

The Budapest Business Journal’s real estate editor talks to some of the leading players in the Budapest market to assess...

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,...