Office Market

Office Market

Skanska: Going beyond green in real estate development

Fortune magazine’s annual “Change the World” list celebrates companies pursuing socially or environmentally sustainable practices and initiatives through their core...

Office Market

Liberty: Birth of a Next-Generation Office Building

Office buildings are popping up like mushrooms in Hungary’s capital, with cutting-edge technologies vying against one another to please companies...

Office Market

Office Design and User Experience at Promenade Gardens

Architecture has always been about user experience; this is the ultimate outcome of the design process. The built environment defines...

Office Market

Building a Better, Greener Future for Budapest

The Budapest Business Journal’s Real Estate editor, Gary J. Morrell, speaks with Éva Beleznay, an architect, planner and senior sustainability...

Office Market

OTP Real Estate Fund Buys Corvin Technology Park

Futureal Group has sold the Corvin Technology Park, the fifth office block at the Corvin Promenade complex, to the OTP...

Office Market

Latest Atenor Project due to Complete Next Year

Belgium-based Atenor has launched its latest Budapest office development, the Aréna Business Campus, with the opening of a showroom at...

Office Market

Aréna Business Campus showroom opens

Real estate developer Atenor says that the construction and leasing of its Aréna Business Campus development is in full swing,...

Office Market

Futureal sells Corvin Technology Park to OTP

Futureal Group has announced the sale of the Corvin Technology Park office building, the fifth office complex developed on the...

Office Market

Brown-Forman to move to Flórián Udvar

Brown-Forman, one of the largest American-owned producers in the alcohol business, has found its new Hungarian location with the assistance...

Office Market

Liberty Office Building’s green experience offers competitive edge

“Green companies” have a big competitive edge when it comes to operating costs, and hiring and retaining employees. The key...

Office Market

FLE portfolio value reaches EUR 1 bln, with 98.5% occupancy

FLE GmbH, a member of the LFPI group, says that the occupancy rate at its portfolio in Austria, Germany and...

Office Market

Sustainability Accreditation the Commercial Norm Across Region

Accreditation for commercial real estate developments from an independent, third-party sustainability organization is now very much the norm for development...

Office Market

Accredited Buildings Require Sustainable PM and FM

Market analysts say they see a need for professionals with a knowledge of sustainability issues and integrated PM and FM...

Office Market

WELL Accreditation Reflects Concerns With Interiors

Developers are becoming ever more interested in interiors and tenants with the perceived wellbeing of staff in office centers and...

Office Market

Locational Issues Central to a Sustainable City

Location is a central element of sustainability accreditation, as tenants and staff require office developments with direct public transport access...

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,...