Office Market

Office Market

Skanska develops Mill Park with ‘well being’ in mind

Skanska is developing its newest Hungarian office complex, Mill Park, following the latest trends of companies consciously striving to create...

Office Market

Futureal Group hands over Skypark at Corvin Promenade

Futureal Group has handed over the Skypark office building as the latest section of the Corvin Promenade, according to a...

Office Market

Mastercard Hungary moves HQ to Váci 1

Mastercard has moved its Hungarian headquarters into the multiple award-winning Váci 1 office building, which is featured on the UNESCO...

Office Market

Atenor sells Váci Greens building ‘A’

International real estate developer Atenor, advised by Cushman & Wakefield Hungary’s Capital Markets Team, has successfully sold Building “A” of...

Office Market

CBRE to handle accounting, property management of Váci Greens Building ‘C’

Real estate firm CBRE has been picked to handle the property management and accounting of Váci Greens Building C, according...

Office Market

Budapest office stock reaches 3,360,090 sqm

The total modern office stock in Budapest currently adds up to 3,360,090 square meters, consisting of 2,695,510 sqm category ‘A’...

Office Market

TriGránit appoints CBRE to lease Millennium Gardens

The Hungarian office of commercial real estate services firm CBRE has been commissioned by property developer TriGránit with the exclusive...

Office Market

Commercial real estate investment reaches €270 mln in Q4

Total commercial real estate investment transaction volume in Hungary reached some €270 million in the fourth quarter of last year,...

Office Market

Viennaʼs FLE acquires major office building in Budapest

FLE GmbH, part of the French LFPI group, has acquired its first real estate in CEE from an international institutional...

Office Market

Short-term problems before longer-term gain

Some view “interesting times” as a Chinese curse. Others see opportunities in change. One thing is certain: this is an...

Office Market

TriGránit bags award for Millennium Towers deal

Hungary’s TriGránit has been awarded this year’s CIJ Award for Investment Transaction of the Year by Construction & Investment Journal...

Office Market

Cordia’s Park Residence wins CIJ accolade

Cordia Park Residence, Futureal Group’s Hungarian residential building in the Corvin Promenade, has received a CIJ Award from Construction &...

Office Market

Skanska’s Nordic Light officially opens today

Nordic Light, the most recent real estate development in the Váci Corridor in Budapest, was officially opened by Skanska, according...

Office Market

CPI Hungary receives property accolade

Real estate firm CPI Hungary has received the accolade of Relaunch of the Year at the CIJ Awards Hungary, according...

Office Market

Horizon Development sells Váci 1 to GLL

Munich-based real estate fund management group GLL Real Estate Partners has acquired the historic Váci 1 building from Horizon Development,...

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,...