Office Market

Office Market

‘Outstanding’ ITSH Moving in and Moving On

When IT Services Hungary Kft. moved into its new state-of-the-art headquarters in Mill Park on August 30, the investment was...

Office Market

Buddha Bar opens in Váci Greens D, building 100% let

Real estate advisory firm Cushman & Wakefield has contributed to Buddha Original Sushi & Wok Bar opening a 289 square-meter...

Office Market

Skanska Sells Mill Park

Skanska Property has sold its dual-phased, 36,000 sqm Mill Park development to Hungary’s Erste Alapkezelő, a subsidiary of Erste Asset...

Office Market

Electrolux Hungary moves HQ to Promenade Gardens

The Hungarian branch of Swedish multinational home appliance manufacturer Electrolux set up its 1,730 square-meter headquarters this month in Promenade...

Office Market

Skanska sells Mill Park to Erste Real Estate Fund

Skanska has sold Mill Park, a two-building office project in Budapest, to the real estate fund of Erste Alapkezelő Zrt.,...

Office Market

IMMOFINANZ rents more than 14,000 sqm of office space in Budapest

Commercial real estate firm IMMOFINANZ signed lease agreements in H1 2018 accounting for more than 14,000 sqm of its Hungarian...

Office Market

JLL, Robertson leasing agencies for Medimpex Palota

The owner of the Medimpex Palota, located in downtown Budapest, has assigned real estate agencies JLL and Robertson Hungary to...

Office Market

Skanska brings smart building operating system to Hungary

Developer Skanska has announced a project introducing the company’s groundbreaking smart building operating system to Budapest....

Office Market

OTP to buy Budapest MOM Park complex

OTP Real Estate Investment Fund announced its intent to buy MOM Park. The transaction is pending approval by the competition...

Office Market

GTC Delivers White House Project

GTC Hungary has officially opened its new Budapest office development, the 21,500 sqm GTC White House in the Váci corridor,...

Office Market

Wing to Develop evosoft Hungary Headquarters

Wing is developing a new 22,000 sqm Budapest headquarters for evosoft Hungary, 100% owned by Siemens, in order to consolidate...

Office Market

Budapest Waterworks moves headquarters to Blue Cube

Real estate investment firm S IMMO Hungary has completed a lease agreement with Fővárosi Vízművek (Budapest Waterworks), under which the...

Office Market

Cordia starts 1,300-apartment development in Budapest

Cordia, the residential subsidiary of the Futureal Group, has announced its entrance onto Budapest’s District 9 market with a 1,300-apartment...

Office Market

Kulcs-Soft to move to Ecodome

Professional business software company Kulcs-Soft Nyrt. is set to move into the Ecodome office building in Buda’s District 2, which...

Office Market

HB Reavis to open co-working office in Budapest

International real estate developer HB Reavis is set to open its first HubHub co-working office on Király utca in Budapest...

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,...