Office Market

High Vacancy, Potentially Low Availability of ESG-compliant Offices

Development in the Budapest office market is low, with developers exercising caution and new projects not being initiated in an...

Office Market

Signs of Activity in CEE Investment for H1

The first half of 2024 saw CEE investment volumes increase by about 29% year-on-year, bucking the global trend, according to...

Office Market

Budapest ONE Achieves Highest ‘Platinum’ Well Core Rating

Phases II and III of the 66,000 sqm Budapest ONE office complex have received the highest “Platinum” level of Well...

Office Market

Plot Location is Critical to Improving our Cities

Developers, planners and architects must build according to ESG market needs, EU Taxonomy and city planning regulations. For Budapest, there...

Office Market

Green Requirements now Central to Investment Decisions

ESG issues are becoming predominant in the real estate investment process as institutional (and increasingly private) investors will be expected...

Office Market

Market Talk: How ESG is Shaping Real Estate

ESG compliance is a necessity for a successful real estate project with increasingly stringent and all-embracing international regulations and market...

Office Market

RTL Hungary Moves Into Liget Center

One of Hungary's largest commercial TV channels, RTL Hungary, has moved into its new downtown home, Liget Center, developed and...

Office Market

Pioneering a Fresh Approach to how Real Estate is Used

The pre-pandemic boom years for commercial real estate are a distant memory, but Mátyás Gereben, country manager of CPI Hungary,...

Office Market

Graphisoft Park Earnings Rise 16% in H1

First-half after-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 16%...

Office Market

1st Building of Atenor’s BakerStreet Handed Over to E.ON

Atenor has announced that the 16,643 sqm, South Buda located BakerStreet Phase I was successfully handed over in early June...

Office Market

Newmark VLK Identifies Opportunities for Office Redevelopment

Hundreds of thousands of square meters of office space are expected to become available in Budapest as state organizations relocate...

Office Market

New Tenants at Academia Offices

Several high-profile office deals were signed in H1 2024 at ConvergenCE's Academia Offices, involving companies like Saab, Shapr3D, and Roland...

Office Market

Regus Fészek Office Building Opens in Pécs

Fressnapf International Business Services (Fibs) the international business center of the Fressnapf Group, Europe's leading omnichannel pet supplies retailer, opened...

Office Market

Academia Offices 80% Let Says Asset Manager ConvergenCE

Colossyan, one of Hungary’s fastest-growing start-ups, has signed a 1,000 sqm lease at Academia Offices, located in the historic center...

Office Market

Wing Redeveloping HOP Technology Office Park

The HOP technology office park located in District XIV district of Budapest, on Hungária körút, is undergoing a major change...

Office Market

Budapest has a Limited Speculative Office Pipeline

A limited speculative office pipeline in Budapest is predicted to result in a low supply of quality, well-located contiguous office...

Office Market

Ready When You Are: Rethinking the Office Around the Tenant

Occupiers no longer lease floor area; they buy a working environment. In a tighter economic climate, the landlords that win...

Office Market

Budapest Office Vacancy Rises to 13.1% as Leasing Demand Falls Year-on-Year

Budapest’s office vacancy rate rose to 13.1% in the third quarter of 2026, while total leasing demand fell 9% year-on-year,...

Office Market

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...

Office Market

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...

Office Market

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...

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

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...

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

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...

Office Market

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...

Office Market

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...

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...