Office Market

Office Market

Swedish Skanska sells office building in the Polish capital Warsaw

Skanska has sold its Generation Park Z office building in Warsaw to Deka Immobilien, one of Europe’s leading real estate...

Office Market

Construction Industry Faces new Challenges

Rising construction costs and scarcity of labor are seen as a major barrier to development and therefore market growth across...

Office Market

OTP acquires 2nd phase of Corvin Technology Park

OTP Prime Real Estate Investment Fund has fully acquired the Corvin Technology Park office building, with the current acquisition of...

Office Market

Skanska sustainable office portfolio to hit 1 mln sqm in 2020

Real estate developer Skanska says that its sustainable office space is expected to increase by 300,000 sqm this year, with...

Office Market

Budapest One Business Park named Europa Design WELL Project of the Year

Budapest One Business Park was named the Europa Design WELL Project of the Year 2019 at the EuropaProperty CRE gala,...

Office Market

Get Ready to say Goodbye to the Open Plan Office

This decade, offices are expected to transform drastically. It is not only the changing generations that are driving this rejuvenation,...

Office Market

Atenor Tops out Latest Office Project

Atenor and its contractor, Péter Építő have topped out Aréna Business Campus Building “A”. The first eight level phase of...

Office Market

BudaPart project wins two CIJ awards

The recently completed residential buildings of the BudaPart project have been awarded the "Best Residential Development" prize and the"Grand Prix"...

Office Market

Office leasing demand record high in 2019, BRF says

The Budapest Research Forum (BRF) says that the office vacancy rate across the Budapest office market has reached a record...

Office Market

EPAM Systems becomes 1st tenant of Forest Offices, Debrecen

EPAM Systems, a global product development, digital platform engineering, and digital and product design agency signed a 2,100 sqm new...

Office Market

Erste Real Estate Fund buys 2nd phase of Advance Tower

Property developer Futureal Group has reached an agreement with Erste Real Estate Fund regarding the sale of the second phase...

Office Market

First building of Aréna Business Campus topped out

Atenor and its contractor team Péter Építő Kft. announced that the structural works for Aréna Business Campus Building "A" have...

Office Market

HuGBC Promotes Concept of Circular Economy

The Hungarian Green Building Council (HuGBC) celebrated its 10th anniversary with its Green Future Conference 2019 on the theme of...

Office Market

Millennium Gardens construction reaches ground floor level

The construction of Millennium Gardens, TriGranit’s newest office development in Budapest, has reached the ground floor level, the developer tells...

Office Market

Intrum to move HQ to Váci Gardens

Credit management company Intrum Justitia signed a leasing deal for a 5,200 sqm office space in Building "F" of the...

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,...