Office Market

Graphisoft Park Earnings Slip in H1

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, fell 9% year-on-year...

Office Market

Cushman & Wakefield Releases Dignified Access Report

Cushman & Wakefield has released “Dignified Access Hungary: The Road to an Inclusive Workplace.” Rather than presenting a technical report,...

Office Market

IWG Adds 2 New Regus Offices in Budapest

International Workplace Group is opening two state-of-the-art flexible workspaces in Budapest. These locations are part of a drive by International...

Office Market

Office Concept Goes Thru Fundamental Changes

The office concept has undergone fundamental changes with the impact of hybrid working practices. That builds on complex demands and...

Office Market

Low Levels of Speculative Development in Budapest

Speculative office building in Budapest continues to fall as developers exercise caution in their development strategies. New projects are not...

Office Market

Design Must Meet Tenant Needs and ESG Demands

With changing office requirements for design and management to keep pace with the expectations of tenants and ESG regulations, developers...

Office Market

Law Firm Wolf Theiss Sets up Office in Liget Center

International law firm Wolf Theiss is setting up its law office on almost 1,300 square meters in Liget Center Classic...

Office Market

Limited Supply and Upward Pressure on Office Rents Across CEE Region

A low development pipeline in combination with limited supply, leading to a scarcity of offices that meet tenant and ESG...

Office Market

Tenant Competition Heats Up for Limited Quality Office Space

Despite current low development levels, Budapest is the second largest office market in the region after Warsaw and, therefore, plays...

Office Market

Gránit Asset Management Makes Bucharest Office Purchase

Gordiusz Private Equity Fund, managed by Hungary’s Gránit Asset Management, has purchased the first 21,000 sqm phase of the Equilibrium...

Office Market

WTS Klient Opens Office in Debrecen

On April 1, 2025, WTS Klient opened its new office in Debrecen. The company significantly increased its market presence in...

Office Market

International Workplace Group Opens Regus Office in Szentendre

The International Workplace Group has opened a new flexible workspace in Szentendre near the capital, delivering more than 1,000 sqm...

Office Market

Graphisoft Park Earnings Edge Slightly Higher in 2024

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 1% to...

Office Market

ARM Processors Moves to Millennium Gardens, Securing Over 3,400 sqm Office Space

ARM Processors, a global leader in semiconductor and computing solutions, has chosen Millennium Gardens as its new office in Budapest,...

Office Market

Quality Office Spaces Remain in High Demand Despite Rising Vacancy Rates in Budapest

Accessibility, cleanliness, air quality, and the ever-important issue of heating and cooling—these are the top concerns for office users, according...

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...

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...

Office Market

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...