Office Market

Office Market

C&W appointed property manager for Váci Greens D

Cushman & Wakefield has been appointed the property manager of the 15,647 square-meter Váci Greens D office building developed by...

Office Market

OTP LAB starts R&D activity in Váci 1

OTP Bank has set up a new, 450 square-meter research and development center in the historic downtown building of Váci...

Office Market

Central Buda popular among office tenants

The office building vacancy rate has been continuously diminishing in the Central Buda area of the capital, reaching 4.6%, the...

Office Market

Health center opens at CityZen Budapest

Doktor24 private healthcare services has opened a new medical center at the CityZen Office Building on Váci út in Budapest....

Office Market

More than EUR 1 bn transacted on the commercial real estate market

The total commercial real estate investment transaction volume in Q3 reached EUR 505 million in Hungary, pushing the 2017 year-to-date...

Office Market

Colonnade Insurance chooses Balance Loft

Colonnade Insurance is to move to the Balance Loft office building on Váci út in downtown Budapest, according to a...

Office Market

SSCs Need the Right Representation to get the Right Space

From a landlord’s perspective, shared service centers make near perfect tenants given their demand for large floorplates and typically long-lease...

Office Market

InfoGroup begins development of Bartók Court II office park

InfoGroup has started development of the Bartók Court II office park, located on Bartók Béla út in the capitalʼs District...

Office Market

Debrecen aims to draw more SSC jobs with new office building

Local council-owned asset manager Debreceni Vagyonkezelő and construction company HUNÉP Universal laid the cornerstone of a HUF 10 billion office...

Office Market

Rail Cargo moves to almost fully let Nordic Light

Nordic Light’s occupancy rate has reached 98% with Rail Cargo Hungaria Zrt., part of Europe’s second largest rail forwarding company,...

Office Market

Futureal Group starts construction of Corvin 5 office building

Futureal Group has started construction of the Corvin 5 office building in Budapest, according to a press release sent to...

Office Market

Cushman & Wakefield represents BlackRock at GTC White House

Cushman & Wakefield has represented BlackRock, the world’s leading asset manager, in its 3,500 square-meter office lease transaction at GTC...

Office Market

Ecodome office building construction begins

Real estate developer Redwood Real Estate Holding has recently started construction on a speculative basis of the 5,000 square-meter, A+...

Office Market

Mentor Graphics renews and expands at Infopark D in Budapest

Mentor Graphics has successfully closed a long-term lease agreement renewing its existing 837 square-meter offices and expanding by another 370...

Office Market

Gateway Office Park undergoing renovation

Gateway Office Park, an office complex comprising three towers, is currently being renovated, and works are scheduled to be finished...

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,...