Office Market

Office Market

Market Talk: Sustainability Issues in Office Development

What drives sustainability issues in Budapestʼs office developments? Is “being green” really a pre-requisite, rather than a marketing plus point?...

Office Market

Two-thirds of Hungarians want better working environment

About two-thirds of people in Hungary would applaud improvements in their working environment, according to a survey conducted in Hungary...

Office Market

ConvergenCE buys Central Business Center

Budapest-based commercial real estate investor and developer ConvergenCE has announced the acquisition of the Central Business Center in District 2...

Office Market

JLL renegotiates Skyscanner’s leasing terms

International travel search portal Skyscanner will continue to operate on 1,000 square meters in the K6 Office Building in Budapest,...

Office Market

Atenor first to design buildings according to Access4You certification

Atenor is the first property developer to design its buildings according to the criteria of the accessibility certification and evaluation...

Office Market

Budapest office market vacancies hit record low

The vacancy rate on the Budapest office market fell to a record low of 6.3% in Q2 2019, with the...

Office Market

Skanska’s Nordic Light Trio sold to Korean investment trust

Skanska has sold its Nordic Light Trio office building in Budapest to JR AMC, a South Korean real estate investment...

Office Market

HuGBC gets ‘Established’ status in WorldGBC

The Hungary Green Building Council (HuGBC) has been granted "Established GBC" status in the organization of the World Green Building...

Office Market

CPI first to support new accessibility initiative

CPI Hungary is the first business in Hungary to receive certification from Access4You, which aims to make buildings accessible for...

Office Market

BP to Move to Agora Budapest

Developers such as HB Reavis and Atenor are increasingly concluding preleases in the Budapest office market to help them take...

Office Market

Szerémi Office Building to be modernized

The Szerémi Office Building, recently purchased by Wing, will be modernized in order to make it competitive with new offices...

Office Market

Market Talk: How is the Office Market Developing?

The fundamentals of the Budapest office market are seen as strong with low vacancy and high occupational demand. The Budapest...

Office Market

Leasing of Váci Greens Building F ahead of time

An international service provider will rent around 4,000 square meters of office space with additional expansion areas in Building F...

Office Market

Szervita Square Building: Perfect Office and Retail Hub

Straddling between being the most modern structure in downtown Budapest and fitting into a historic urban environment, Szervita Square Building...

Office Market

GRT Group Commences Latest Phase of Office Garden

The Hungarian developer, GRT Group, has commenced construction of the 20,000 sqm fourth phase of the Office Garden office park...

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,...