Office Market

Colossyan Signs Lease: Academia Offices Exceed 80% Occupancy

Colossyan, one of Hungary's fastest-growing and internationally recognized startups, signed a lease agreement for 1,000 sqm offices at Academia Offices...

Office Market

Atenor Receives BakerStreet Occupancy Permit

The first 16,600 sqm phase of BakerStreet has successfully obtained its occupancy permit. The project, in South Buda, has been...

Office Market

Real Estate: Office Market Talk 2024

The Budapest Business Journal’s real estate editor, Gary J. Morrell, canvassed some of the leading players in Budapest’s office market...

Office Market

HB Reavis Aims to Become ‘Best, Most Efficient’ Asset Manager

When work commenced on Agora Budapest in March 2017, it was envisaged as a dual-phased multi-use complex. The original elements,...

Office Market

Office Demand Undergoing Fundamental Changes

As demand has fallen in the Budapest office market, overall vacancy has risen. There are other concerns at play, however,...

Office Market

Investment Market Entering Transitional Phase

High-end offices have traditionally been seen as a prize investment destination. However, as with other sectors, the market is going...

Office Market

CEE Office Markets Face Common Challenges

Office pipelines across Central and Eastern Europe are restrained, and few new projects have been initiated in what is an...

Office Market

Challenging Market Environment Means Limited Office Pipeline

New projects in the Budapest office market remain limited as developers exercise caution given the uncertain cost and demand environment....

Office Market

Gen Z Bringing New Challenges to Office Market

Office habits have changed significantly in recent times, in addition, Generation Z has entered the labor market, expecting more freedom...

Office Market

Liget Center Vitrum Structurally Complete

New boutique office development Liget Center Vitrum, a Wing development, has reached its highest point, according to a press release...

Office Market

BakerStreet’s 1st Building Gets Occupancy Permit

The first phase of Atenor's BakerStreet project in Budapest has successfully obtained its occupancy permit, according to a press release...

Office Market

IWG Adds New Regus Location in Budapest

IWG is opening a new, flexible workspace in Budapest, against a backdrop of rising demand for hybrid working across the...

Office Market

Wizz Air Relocates to new HQ in Millennium Tower

The Hungarian ultra-low-cost airline Wizz Air has relocated its headquarters to the Breeam-accredited Millennium Tower by TriGranit at the Millennium...

Office Market

IWG Set for Record Network Growth

Flexible workspace provider IWG anticipates record network growth in 2024, as businesses of all sizes embrace the benefits of hybrid...

Office Market

Wizz Air Moves Headquarters to Millennium Tower

Low-cost airline Wizz Air has relocated its headquarters to Millennium City Center office park in Budapest, securing an 8,000 sqm...

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...

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...

Office Market

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...