Office Market

Office Market

Science Park renovations begin soon

Renovation work at the Science Park office building in Budapestʼs District 11 is expected to start soon at “full speed,”...

Office Market

Debrecen to get speculative new Class ʼAʼ office building

The construction of a new 22,000 sqm Class "A" office building will soon start in Hungaryʼs second city of Debrecen,...

Office Market

Techwave moves to CityZen Offices

Global IT services and solutions provider Techwave opened a Regional Development Center in Budapest in April, on 382 square meters...

Office Market

Eskimos Chasing Seals Until new Supply Arrives

Katalin Sermer, country manager at S IMMO APM Hungary Kft., talks about the challenges facing the office market in Budapest,...

Office Market

Appreciating the Role of Service Providers

The office market in Budapest has gone through several generations of real estate development; office quality has been improving and...

Office Market

Futureal opens Nokia Skypark building in Budapest

Property developer the Futureal Group and Finnish communications and IT giant Nokia today opened the Nokia Skypark office building, according...

Office Market

Park Atrium welcomes new healthcare tenant

The Hungarian subsidiary of an international healthcare company is moving into new office space in the Park Atrium office building,...

Office Market

Diófa leases 3,700 sqm in Óbuda Gate

Diófa Asset Management has announced it has leased more than 3,700 sqm to new tenants in the Óbuda Gate office...

Office Market

CBRE map plots office rents against metro stations

Although the Váci út office corridor, the central business district (CBD) and the inner quarters of Pest are the most...

Office Market

Bischoff & Compagnons commissions CBRE Hungary with Alphagon leasing

Bischoff & Compagnons has commissioned CBRE Hungary with the exclusive leasing rights of the Alphagon Office Building on the ever...

Office Market

Futureal sells Skypark to OTP investment fund

Futureal Group has sold its Skypark office building to the OTP Prime Property Investment Fund in a recently closed transaction....

Office Market

Balance Office Park reaches over 90% tenancy

With the recent addition of new tenants Mall.hu and Santa Monica RE Kft., and with the input of real estate...

Office Market

Skanska eyes WELL certification for CEE buildings

Real estate firm Skanska will help introduce the WELL Building Standard to the markets of Central and Eastern Europe, which...

Office Market

Wing launches Skylight City office development

Real estate developer Wing is transforming the Material Center building, which until now has operated as a shopping mall, into...

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,...