Office Market

Office Market

Skanska Hungary welcomes new leader

Marcin Łapiński has been appointed Managing Director at Skanska Property Hungary, as of January 1, 2016, according to a press...

Office Market

GTC International Group purchases Duna Tower

Budapest’s Duna Tower office building has been purchased by the Hungarian unit of GTC International Group, and the buildingʼs specification...

Office Market

Skanska holds topping out ceremony for Nordic Light

Property developer Skanska held a topping out ceremony late yesterday to celebrate the milestone of their Vaci út office building...

Office Market

A hefty portfolio of quality properties

CA IMMO is a leading real estate company in Hungary. Ede Gulyás, Managing Director of CA Immo Hungary Kft, answers...

Office Market

Eiffel Palace wins Leadership in Building Design and Performance award

Eiffel Palace, located in central Budapest and in possession of the LEED Gold and BREEAM Very Good certificate, was awarded...

Office Market

Budapest welcomes UNICEF’s SSC

UNICEF has set up a 6,100 sqm global services center, with the help of Cushman & Wakefield global real estate...

Office Market

Budapest office market vacancy rate falls below 16%

The vacancy rate in Budapest’s office market fell 2.8 percentage points to 15.7% in the first quarter as compared to...

Office Market

Vacancy rate on Budapest office space market falls to almost 14%

The vacancy rate on Budapestʼs office space market fell 3.4 percentage points to 14.2% in the second quarter from the...

Office Market

Office occupier activity up 12% in Q1

Office occupier take-up in Hungary increased by 12%, while the vacancy rate decreased in the first quarter, as compared to...

Office Market

Report: Renting office space in Budapest is difficult

It is difficult to rent an office space over 1,000 sqm in the Pest area of Budapest, as only three...

Office Market

Eaton Enterprises moving to Krisztina Palace

Cushman & Wakefield in its exclusive representation of Union Investment has successfully secured 2,300 sqm of office space at Krisztina Palace...

Office Market

CBRE acquires management of Váci Greens building

CBREʼs Asset Services department won the property management mandate of Váci Greensʼ Office Building “C” – an 8,000 sqm office building...

Office Market

CEU Budapestʼs new campus earns BREEAM certification

Central European Universityʼs new campus design in Budapest was granted “Very Good” status by BREEAM officials, making it the second...

Office Market

Atenor opens new office building in Budapest

Belgian real estate developer, Atenor Group, let out a total of 18,200 sqm of office space across six floors, in its...

Office Market

HB Reavis office building awarded BREEAM certification

Váci Corner office building, developed by the Hungarian subsidiary of HB Reavis real estate development company, won the BREEAM “Excellent” classification...

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,...