Office Market

Office Market

‘Healthy’ Q1 on office market, mood positive for 2017

The Hungarian office market continued to enjoy healthy levels of activity over the first quarter of the year, according to...

Office Market

Science Park receives BREEAM In-Use ‘Very good’ qualification

Science Park in Budapest has been awarded the BREEAM In-Use “Very good” qualification once again. At the same time, renovation...

Office Market

Otis moves HQ into CityZen Offices

Otis Felvonó Kft., the Hungarian subsidiary of the international elevator firm, is moving its 870 sqm headquarter into to CityZen...

Office Market

Kálvin Square office building reaches 96% occupancy

ConvergenCE’s Kálvin Square office building of has reached 96% occupancy with 18 tenants, including companies such as Philip Morris Hungary,...

Office Market

Atenor completes sale of Váci Greens phase I

International real estate developer Atenor has sold the third “B” building of the Váci Greens office complex in Budapest to...

Office Market

CA Immo sells last logistics real estate

CA Immo has sold its shares in the Aerozone logistics park on the outskirts of Budapest and commenced its strategic...

Office Market

Váci Greens’ Building B occupancy to reach 90% in July

With the arrival of an unnamed international service provider that will rent 5,200 sqm of office space in building “B”...

Office Market

Reviving property market seems to boost Váci Corridor

Budapest’s District 13 has seen a boost in investor sentiment lately, as more than 120,000 square meters of new office...

Office Market

Gateway Office Park welcomes new tenant

Atmedia is moving into CPI’s Gateway Office Park, on the Pest side of Árpád Bridge, where the advertising agency will...

Office Market

GTC White House receives LEED Gold precertification

GTC White House, situated on the Váci út office corridor, has been awarded LEED Gold precertification in recognition of its...

Office Market

Immofinanz launches myhive office concept in Hungary

Real estate investor Immofinanz Hungary has announced the launch of its “myhive” international office brand to the local market, to...

Office Market

Futureal, Erste Bank sign EUR 45 mln credit agreement

Real estate developer the Futureal Group has signed a credit agreement worth EUR 45.1 million with Erste Bank Hungary Zrt....

Office Market

Novodata moves into Blue Cube in Váci Corridor

Pharmaceutical software development firm Novodata is moving into the Blue Cube offices in the Váci Corridor, leasing more than 950...

Office Market

Futureal’s Advance Tower to be certified WELL Building Standard

Futureal Group expects its Advance Tower in Hungary will soon become the first office building in the country to obtain...

Office Market

CPI Hungary’s tenancy rate up 15% in 2016

Real estate firm CPI Hungary’s tenancy rate for its total portfolio grew by 15% over the last year, compared to...

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,...