Office Market

Office Market

Etele Plaza, Business One developments enter next phase

The Etele Plaza mall and Budapest One Business Park are set to enter the next phase of development in South...

Office Market

Ecodome Awarded ’Platinum’ Certification

The 5,000 sqm Ecodome office, located close to the Castle District, has become the third Budapest office complex to be...

Office Market

Protected Liget Center Changes Hands Again

Wing has purchased the 7,000 sqm Liget Center Office, a protected Hungarian building as an example of Hungarian modernist functional...

Office Market

S IMMO starts 2019 with large-scale deals

Vienna-based real estate investment firm S IMMO began 2019 with several large deals on the Budapest market, including the purchase...

Office Market

GRT Group begins Office Garden IV construction

As part of the expansion of the Office Garden office park, developer the GRT Group has started construction of the...

Office Market

Futureal sells Advance Tower to Erste

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

Office Market

Orbán unveils Renoir nude at OMRRK inauguration

The state of Hungary has purchased a painting by the French Impressionist Pierre-Auguste Renoir for USD 12.3 million for the...

Office Market

White Star Real Estate constructs HUF 15 bln business park

White Star Real Estate announced yesterday the start of construction of park22, a HUF 15 billion business park in Budapestʼs...

Office Market

Népliget: Budapest’s new business district

Located at the meeting point of Districts VIII., IX. and X., Népliget is becoming the new business district of Budapest...

Office Market

Interior, Exterior Design Carving-out a Higher Profile

With developers striving to deliver ever more highly-specified office complexes that integrate and contribute to the infrastructure and feel of...

Office Market

Competition for Development Plots Increasing

In a very compact such as Budapest, city one of the challenges for developers is sourcing suitably-sized, well-located development plots...

Office Market

Wing acquires Liget Center

Real estate developer and investor Wing has announced the purchase of the Liget Center office building next to Városliget (City...

Office Market

Budapest office vacancy rate near record low – BRF

The Budapest Research Forum (BRF), which comprises CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary, says...

Office Market

Atenor to Start 1st Buda Office Project

Belgium-based Atenor has acquired a 5,000 sqm plot for the development of its latest project in District III on Bécsi...

Office Market

Wing Breaks Ground on Evosoft Hungary Headquarters

Wing has broken ground on the 21,400 sqm headquarters it is building for evosoft Hungary Kft., one of the largest...

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,...