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

Despite Challenges, CPI Embraces ‘Exciting’ Period of Change

These may be uncertain times, into our third year of the COVID pandemic, with the unwelcome return of war in...

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

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

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...