Office Market

Office Market

V17 office building reaches its highest point

The V17 Office Building on Váci út, a HUF 10 bln development that is expected to be one of Budapest’s...

Office Market

Report: Budapest’s modern office stock grows, vacancy rate declines

As a result of two completed schemes – the refurbishment of Erzsébet Irodaház A and the delivery of owner-occupied Bosch...

Office Market

KSH: Hungary’s home building permits rise 39% in H1

The number of permits issued for new home construction in Hungary saw a year-on.year rise of 39.2%, reaching 5,581, in...

Office Market

CPI modernizes its real estate developments

CPI Hungary Kft., the Hungarian subsidiary of CPI Property Group, will spend HUF 1.3 bln to modernize its existing real...

Office Market

Eston leases offices in Buda

Eston International Property Advisor leased offices in Víziváros Office Center located in Buda, the company announced in a press release...

Office Market

MTel to sell Budapest offices, move to new headquarters

Magyar Telekom said yesterday that it will sell its three main Budapest office buildings to WING Group and sign a...

Office Market

KSH: Hungary’s home building permits jump 44% in Q1

The number of permits issued for new home construction jumped by a year-on-year 44% reaching 2,381, in the first quarter...

Office Market

Skanska lays cornerstone for Nordic Light Offices in Budapest

Skanska Property Hungary yesterday laid the cornerstone of its 7th office building on inner Váci út in Budapest called Nordic...

Office Market

Krisztina Palace receives green building rating

Krisztina Palace, the property of Union Investment, has been awarded the BREEAM In Use ‘Very Good’ rating in two categories...

Office Market

KSH: Home building permits rise 28% in 2014

The number of permits issued for the construction of new homes rose by 27.8%, reaching 9,633, last year for a...

Office Market

Cushman & Wakefield retains market leading position in 2014 in Hungary

Cushman & Wakefield (C&W), the world’s largest privately-owned real estate services firm, retained its market leading position for the third...

Office Market

CEU to rebuild its downtown campus

Budapest’s Central European University (CEU) announced that it will begin construction on the redevelopment of its downtown campus from January...

Office Market

Skanska launches Nordic Light office project in Budapest

Skanska Property Hungary has started construction work on its seventh office building in Budapest, dubbed Nordic Light, on inner Váci...

Office Market

Home building permits rise 30% in Hungary

The number of permits issued for new home construction rose 30.4%, reaching a total of 6,947 in the first three...

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,...