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

Positive Views on Office, Despite Many Challenges

The office market faces challenges regarding financing, demand, pre-leasing requirements, tenant specification, staff requirements, and, not least, working habits for...

Office Market

Market Talk: Development in a Post-COVID Hungary

Opinions differ as to how many planned development projects are going ahead in a changing market environment regarding financing, leasing,...

Office Market

Investment Shows Signs of Uplift

Global commercial real estate firm Avison Young has traced EUR 4.2 billion in investment volume for the first half-year in...

Office Market

East Gate Business Park’s Hall D3 at 100% occupancy

The more than 9,000 sqm Hall D3 in East Gate Business Park has reached 100% occupancy, according to a press...

Office Market

Colliers wins PM and FM mandate of Codic’s Green Court Office

As of September 2021, Colliers is responsible for the property and facility management services of Green Court Office, a new,...

Office Market

Does the office make the employer? Workplaces becoming community spaces

Employees have enjoyed the freedom to choose where they work—being away from the office community. But does it provide motivation,...

Office Market

Atenor’s Hungarian portfolio now exceeds 350,000 sqm

The Belgian developer Atenor's Hungarian portfolio now exceeds 350,000 sqm, making up a considerable share of the company's total of...

Office Market

Call for all Stakeholders to be Involved in Design From the Start

Office interiors have become integrated into the concept, design, leasing strategy, and project and facility management of office projects. This...

Office Market

Market Talk: Green Building the Only Sustainable Choice

Sustainability or green issues are increasingly impacting building design and property management in response to tenant and staff demands, and...

Office Market

3 Infopark buildings owned by Wing get BREEAM certification

Infopark buildings B, C and I, all owned by Wing, received BREEAM-In-Use "Very Good" sustainability certification, according to a press...

Office Market

S IMMO looking to expand Hungarian portfolio

Property investment company S IMMO, celebrating its 20th anniversary in Hungary this year, is looking to grow its portfolio in...

Office Market

Millennium Gardens receives accessibility certification

Millennium Gardens, developed by TriGranit, has received the Access4you Gold certification based on the project’s construction plans, according to a...

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...