Office Market

Developments Undertaken in Multiple Locations

Office development is being undertaken in multiple areas across the city, reflecting the limited supply of suitable plots in any...

Office Market

Generational Project That Revitalized a District

The BBJ talks to Tomasz Lisiecki, CEO of TriGranit, about its hugely influential Millennium City Center development, which began a...

Office Market

Icon: People-centered Approach, Expertise Keys to Success in Property Management

Icon Real Estate Management is a dynamically developing player in the Hungarian market, and its rapid growth has drawn the...

Office Market

Uncertainty Hallmarks Today’s Budapest Office Market

Although restrained delivery in recent years means there is little risk of oversupply in the Budapest office market, a rethinking...

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

Atrinova office building refurbished

The renovation of Budapest's Atrinova office building is now complete, according to a press release sent to the Budapest Business...

Office Market

S Immo Hungary renovates lobby of Budapest HQ

Real estate investment company S Immo Hungary has decided to renovate the lobby of its Budapest HQ in the City...

Office Market

Graphisoft Park earnings rise 5% in Q1

First-quarter net profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 5%...

Office Market

OTIS extends lease in CityZen office building

OTIS Felvonó Kft. has announced extending its lease contract in the CityZen office building managed and operated by ConvergenCE....

Office Market

MET Group moving office to Budapart

MET Group has signed a lease contract for more than 4,000 sqm of office space in the BudaPart district, according...

Office Market

Office buildings dominated commercial real estate market despite COVID

The pandemic has transformed the domestic real estate sector with strong investor interest in the logistics segment, while retail and...

Office Market

CEE Attracting Investors Despite Market Uncertainty

Colliers has recorded total investment for Central and Eastern Europe (Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia) for 2021...

Office Market

Total modern office stock in Budapest above 4.05 mln sqm

The total modern office stock in Budapest currently adds up to 4,053,940 sqm, consisting of 3,387,460 sqm of "A" and...

Office Market

Futureal, Unicredit Bank sign nearly EUR 80 mln loan deal

Futureal and UniCredit Bank have signed a EUR 79.5 million loan agreement to finance the construction and long-term operation of...

Office Market

Graphisoft Park shareholders approve EUR 0.43-per-share dividend

Shareholders of Graphisoft Park, which owns and operates a business park in the north of the capital, approved the board's...

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...

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...

Office Market

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...