Office Market

Office Market

Vodafone Hungary, UPC to move HQ to Budapest ONE office park

As the next step in the integration of Vodafone Hungary and UPC, the two companies will move their headquarters to...

Office Market

Skanska completes Nordic Light Trio

Skanska Hungary announced the successful delivery of the third and final part of its already operating Nordic Light complex in...

Office Market

CPI formally opens Balance Hall, completes renewal of Office Park

Developer CPI Hungary formally opened its 16,000 sqm Balance Hall office building in Budapestʼs Váci Corridor, while also announcing the...

Office Market

LEED GOLD rating awarded to BudaPart GATE office building

The first office building of the new neighborhood BudaPart, handed over in February, has been awarded the LEED GOLD certification,...

Office Market

LEED GOLD rating awarded to the BudaPart GATE office building

BudaPart GATE, the first office building of the new BudaPart neighborhood, has been awarded the LEED GOLD certification, recognizing the...

Office Market

Skanska launches H2Offices project in Budapest

Real estate developer Skanska started the development of the first phase of its new office complex H2Offices in Budapest, according...

Office Market

ConvergenCE Given Exclusive Contract to Lease Agora Offices

Real estate services firm ConvergenCE has been given an exclusive contract to support owners HB Reavis in the leasing of...

Office Market

Lease contract signed for an entire floor of BudaPart CITY

The very first lease contract has been signed for an entire floor of the BudaPart CITY office development project, according...

Office Market

87,750 sqm of office area delivered to Budapest market in Q2

In the second quarter of 2020, 87,750 sqm new office area was delivered to the Budapest office market in five...

Office Market

Physical offices here to stay despite rise of remote working, JLL says

Despite the rise of remote working during the COVID-19 pandemic, physical offices are here to stay, albeit with changes, according...

Office Market

Daikin opens showroom in Promenade Gardens

Daikin Hungary opened a new showroom on a 309 sqm ground floor retail area in Tower "B" of Promenade Gardens...

Office Market

Skanska introduces new safety standards, creates new office concept

Skanska has established several rules and adapted its workplaces in the CEE region to allow employees to safely return to...

Office Market

Codic launches ʼHomeWorkʼ building rehabilitation project

Codic Hungary has announced a new real estate project named "HomeWork" aiming at rehabilitating and repurposing a historic school building...

Office Market

Atenor Completes Latest Phase of Váci Greens

The 25,000 sqm building “F” at the Váci Greens office development, designed by TIBA Architects Studio, with a pre-opening occupancy...

Office Market

Futureal Starts Construction of Corvin Innovation Campus

Futureal Group has launched construction of the Corvin Innovation Campus, its latest office project at Corvin Promenade. The complex, equipped...

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,...