Office Market

Graphisoft Park Earnings Edge Slightly Higher in 2024

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 1% to...

Office Market

ARM Processors Moves to Millennium Gardens, Securing Over 3,400 sqm Office Space

ARM Processors, a global leader in semiconductor and computing solutions, has chosen Millennium Gardens as its new office in Budapest,...

Office Market

Quality Office Spaces Remain in High Demand Despite Rising Vacancy Rates in Budapest

Accessibility, cleanliness, air quality, and the ever-important issue of heating and cooling—these are the top concerns for office users, according...

Office Market

Conscious Planning Crucial in Festive Season Real Estate Management

Holiday season is a busy time not only for shopping malls, office buildings, logistics centers and the people who work...

Office Market

Liberty’s Tenant Base Expands With Major Companies

More tenants are moving into Wing's Liberty building: Zenitech Consulting has signed a lease for 1,500 sqm, and the Hungarian...

Office Market

SSCs and BSCs Require Higher Quality Space

The CEE region is seen as attractive for business services centers based on three factors: cost, talent and quality of...

Office Market

Honvéd Center Office Buildings Sold to Professional German Investor

Wing has signed an agreement for the sale of the Honvéd Center office buildings in the Central Business District of...

Office Market

Wing’s Latest Hotel Gets Special Prize from Hotel and Restaurant Assoc

The ibis & Tribe Budapest Stadium dual-branded hotel, developed by Wing and part of the Liberty complex, has been awarded...

Office Market

Graphisoft Park Reports 11% Profit Growth in Q3 2024

Graphisoft Park, which owns and operates a business park in the north of Budapest, announced a strong financial performance for...

Office Market

Office Builders Exercise Caution in Uncertain Market

Development in the Budapest office market continues to be limited, with developers exercising caution in their strategies and new projects...

Office Market

Aréna Business Campus Reborn as Olympia

The Aréna Business Campus has been given a new name, Olympia, as it adopts what developer Atenor calls a “fresh...

Office Market

IWG Expands Presence With Regus Workspace in Debrecen

Hybrid working solutions provider International Workplace Group (IWG) is expanding its presence in Hungary with the launch of a modern,...

Office Market

Olympia Unveils Fresh Identity, Embraces Hybrid Work in Budapest

Olympia, formerly known as Aréna Business Campus, has unveiled its new identity and innovative approach, positioning itself as one of...

Office Market

Silent Revolution Approaching in Office Design

As economic conditions continue to shift, businesses are actively seeking ways to reduce operational costs, resulting in significant changes in...

Office Market

Graphisoft Park Renews Leases of 2 Key Tenants

Graphisoft Park, which owns and operates the eponymous business park in the north of Budapest, has finalized lease renewal contracts...

Office Market

Budapest has a Limited Speculative Office Pipeline

A limited speculative office pipeline in Budapest is predicted to result in a low supply of quality, well-located contiguous office...

Office Market

Ready When You Are: Rethinking the Office Around the Tenant

Occupiers no longer lease floor area; they buy a working environment. In a tighter economic climate, the landlords that win...

Office Market

Budapest Office Vacancy Rises to 13.1% as Leasing Demand Falls Year-on-Year

Budapest’s office vacancy rate rose to 13.1% in the third quarter of 2026, while total leasing demand fell 9% year-on-year,...

Office Market

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...

Office Market

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...

Office Market

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...

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

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...

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

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...

Office Market

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...

Office Market

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...

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...