Office Market

Office Market

New MOL Headquarters Topped-out

Hungarian oil and gas company MOL has topped out its 120-meter high, 28-floor MOL Campus in south Buda overlooking the...

Office Market

Wing announces new office development HOP Passage

Wing, one of the largest real estate companies in Hungary, is launching a new office development: HOP Passage will be...

Office Market

ConvergenCE sells Árpád Center

ConvergenCE closed the sale of Árpád Center, a popular office building at the junction of Árpád híd and Váci út,...

Office Market

Premium restaurant and canteen to be opened in H2Offices

Restaurant service provider Kantin is the first tenant announced at Skanska's latest office development project H2Offices....

Office Market

Millenium Gardens to feature bistro-style restaurant

TriGranit, the developer of Millennium Gardens and the Kantin restaurant chain, which focuses on premium office catering, have agreed to...

Office Market

Corvin Technology Park obtains WELL certification

Corvin Technology Park, a new generation office building located on Corvin Promenade, became the first in Hungary to be awarded...

Office Market

Graphisoft Park H1 profit climbs to EUR 2.4 mln

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 14.5% year-on-year...

Office Market

1st Laborpont opens in Szervita Square Building

Szervita Square Building will house the first Laborpont medical outpatient care and laboratory diagnostics center in Budapest from October 2021...

Office Market

Investment Rebound Expected This Year

With a substantial amount of capital looking for a home, investors are certainly considering Hungary; it is seen as an...

Office Market

Office Still Seen as an Attractive Workplace Option

Research by one of the leading regional developers indicates that the office is still seen as an attractive workplace location,...

Office Market

Wing to develop new RTL Hungary HQ

Wing and RTL Services Kft., a business services company of Magyar RTL Televízió Zrt., have signed a long-term lease agreement...

Office Market

IBM Hungary to move HQ to Corvin Innovation Campus

IBM Hungary will move its headquarters to Futureal's Corvin Innovation Campus in 2023, according to a press release sent to...

Office Market

Flex offices set to become USD 13 bln business by 2025

Companies are increasingly turning towards flex offices and according to research by Business Wire, the global flex office space market...

Office Market

Hungary’s Indotek Group Agrees Purchase of Belgrade Office Portfolio

The regional developer and investor GTC has agreed a deal to sell its Belgrade office portfolio to the Hungarian investor...

Office Market

Fidelidade acquires office building in Budapest

Companhia de Seguros, S.A. (“Fidelidade”), a leading Portuguese insurance company, acquired BC 140, a multi-tenant office building in Budapest, through...

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

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...

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...

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...

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,...

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...