Office Market

Office Market

GTC launches construction of White House

Real estate developer GTC Hungary confirmed it has started construction on its latest office development project, the 21,500 square-meter GTC...

Office Market

CA Immo leases 15,000 sqm of office space

Real estate company, CA Immo, has leased out a total of approximately 15,000 sqm of office space in the past...

Office Market

Graphisoft Park after-tax profit edges up

Graphisoft Park, a listed company that owns and operates a business park in the north of the capital, had after-tax...

Office Market

IMMOFINANZ has firm grip on local SSC market

Country Manager Operations HU, Viktor Nagy (pictured) and Leasing Manager and Marketing Coordinator, Gergely Koó of IMMOFINANZ spoke about Budapest’s...

Office Market

JLL says Eiffel Square sale was biggest such deal this year

JLL announced today that it was the advisor for German asset and investment manager KGAL when it purchased Budapest’s Eiffel...

Office Market

Europa Capital sells Eiffel Square office-park complex

Europa Capital and its local partner, ConvergenCE, announced today that they have completed the sale of the 23,000 sqm Eiffel...

Office Market

GTC plans to launch new investment in Budapest

Real estate developer GTC will, in the coming weeks, launch a 21,500 sqm office building investment, referred to as White...

Office Market

Morgan Stanley expands office in Budapest

By signing a lease for another office space in Millennium Towers, the Hungarian subsidiary of Morgan Stanley in Budapest is...

Office Market

Váci 1 building renovations wind up

Horizon Development finished the renovation of Váci 1, a landmark building in downtown Budapest located on Vöröstmarty tér (square), according...

Office Market

Report: 93% of Budapest office buildings older than five years

As much as 93% of Budapestʼs office buildings are more than five years old given that only 22 new office...

Office Market

Kopaszi gát investment to receive ‘elevated significance’

Property Market Real Estate Development, a subsidiary of construction company Market Group is finalizing permits for the development of the...

Office Market

HB Reavis acquires third property in Budapest

International real estate developer HB Reavis announced the acquisition from Europa Property Fund of the BEM Palace in Budapest, the...

Office Market

BNP Paribas Real Estate Hungary wins property management tender

BNP Paribas Real Estate Hungary won a property management instruction in a tender process for Váci Greens office building ‘B’,...

Office Market

GLL Real Estate presents new plans for Roosevelt building in Budapest

In light of upcoming tenancy changes in the fourth quarter of this year, Munich-based real estate fund manager GLL Real...

Office Market

CBRE: South Buda micro-market reaches lowest vacancy rate in the capital

The Lágymányos micro-market located in the north western part of South Buda reached a 1.7% vacancy rate in Q1 2016,...

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,...