Office Market

Office Market

Corvin Innovation Campus gets WELL Platinum pre-certification

Real estate developer Futureal's Corvin Innovation Campus has been awarded the international WELL Platinum pre-certification, which recognizes aspects that have...

Office Market

H2Offices project gets WELL v2 Core, Shell pre-certification

The International WELL Building Institute (IWBI), the global organization responsible for the certification of healthy, human-centered office spaces, has awarded...

Office Market

Budapest modern office stock at 3,935,990 sqm in Q1

The total modern office stock in Budapest added up to 3,935,990 sqm in Q1 2021, according to data compiled by...

Office Market

Philip Morris extends lease in Kálvin Square office building

Philip Morris Hungary Ltd. has extended its lease agreement in Kálvin Square office building, managed and operated by ConvergenCE, according...

Office Market

Trenkwalder picks Balance Building for Budapest HQ

International personnel service group Trenkwalder chose CPI Hungary's Balance Building as the new location for its Budapest headquarters, according to...

Office Market

Skanska and Business Link report: New normal of the office market

The pandemic has forever changed the reality of how offices operate and accelerated processes that would normally take years. One...

Office Market

IMMOFINANZ leases 21,000 sqm of office space in Budapest

In IMMOFINANZ's Hungarian portfolio, several lease agreements and extensions of almost 21,000 sqm have been completed so far in 2021,...

Office Market

EY continues expansion with new office in Pécs

EY is strengthening its presence in Hungary with a new office in Pécs, becoming the first Big Four firm in...

Office Market

Aréna Business Campus Building A gets Access4You Gold certificate

The first, Building “A” of the 21,000 sqm Aréna Business Campus, handed over last May, has obtained the highest, Gold...

Office Market

Cordia turns historic building into UK HQ

Cordia International Zrt. continues its international expansion strategy. After acquiring U.K. developer Blackswan last year, the company has announced the...

Office Market

BudaPart adds mixed-function hotel/office building

The fourth phase of the BudaPart real estate development in Budapest is now underway. The new phase marks the construction...

Office Market

MádiLáncos Studio wins interior design tender of Arena Corner

The first major reconstruction project of the Arena Corner was completed in 2018 to ensure its competitiveness by reflecting the...

Office Market

New showroom opens in myhive Haller Gardens

Major upgrades have launched recently in myhive Haller Gardens office building and a showroom has been completed in the first...

Office Market

Park Atrium office building undergoes rejuvenation

Park Atrium office building welcomes 2021 with a new identity, rearranged and optimized functionalities, and fresh interior design ideas for...

Office Market

Market Pays Tribute to a ‘Daring’ and ‘Inspiring’ Developer

The Budapest Business Journal was saddened to learn on the day our last issue was published that Attila Kovács, founder...

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,...