Office Market

Office Market

Europa Capital Buys Akadémia Business Center

The pan-European real estate investment manager Europa Capital has acquired the 12,500 sqm Akadémia Business Center, located on the Pest...

Office Market

Sustainability Accreditation Ever More key to Successful Office Projects

Sustainability accreditation and the provision of amenities continue to be central to the commercial success of office projects. Developers are...

Office Market

Europa Capital, ConvergenCE acquire Akadémia Business Center

Pan-European real estate investment manager Europa Capital announced that it has acquired Akadémia Business Center in Budapest, in partnership with...

Office Market

Futureal Investment Partners expands Polish portfolio

Futureal Investment Partners has announced three real estate investments in Poland, totaling nearly 70,000 sqm, according to a press release...

Office Market

Hansainvest Real Assets acquires Skanska’s 1st skyscraper in CEE

Hansainvest Real Assets has acquired Generation Park Y, the last building of the Generation Park office complex in Warsaw, according...

Office Market

Union Investment purchases Szervita Square Building

The commercial part of Horizon Development’s LEED Platinum certified premium mixed-use property Szervita Square Building was purchased by Union Investment...

Office Market

DVM group gets 4 awards at EPA

DVM group has won four awards with four entries at one of the world’s most prestigious property industry competitions, the...

Office Market

2 of Atenor’s projects recognized at European Property Awards

Belgian real estate developer Atenor’s Hungarian project, the Class “A+” Aréna Business Campus Building A won the highest, Five Star...

Office Market

Szervita Square Building gets Int’l Property Award, LEED Platinum Rating

Horizon Development's Szervita Square Building was recognized as the Best Mixed-Use Development in Hungary at the International Property Awards this...

Office Market

Redevelopment of Krausz Palota Gets Underway

Having been granted a heritage permit, the refurbishment of the classic Krausz Palota by Avison Young has begun with the...

Office Market

New tenants at CA Immo’s Millennium Tower II

CA Immo concluded rental agreements for around 2,500 sqm of office space in Millennium Tower II in Budapest. The new...

Office Market

Spreading the SSC net to Secondary Cities

Shared services centers (SSCs) and Business Process Outsourcing (BPOs) have become one of the major industries in Hungary and one...

Office Market

Krausz Palota to undergo renovation

The modernization of the more than 130-year-old Krausz Palota on Andrássy út, a World Heritage site, has begun, according to...

Office Market

Nordic Light Trio gets WELL Gold Certification

Nordic Light Trio, Skanska’s development in the heart of the Váci office hub became the first office building for Skanska...

Office Market

BudaPart Gate sold to S IMMO AG

The 20,000 sqm BudaPart Gate office building was sold in full by Market Építő to Vienna-based S IMMO AG for...

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,...