Office Market

Office Market

Restaurant Gourmenza Opens in H2Offices

The first phase of H2Offices is now home to premium restaurant Gourmenza. Spread over 690 sqm, with a 123 sqm...

Office Market

Good Hungarian Representation at Mipim 2024

Against a background of a challenging economic and geopolitical environment, more than 20,000 real estate and investment professionals from 90...

Office Market

Futureal Sells 2 Buildings of Lipowy Office Park

Futureal Investment Partners, a member of Futureal Group, and 1 Asset Management, an investment management company, backed by real estate...

Office Market

2nd Phase of Millennium Gardens Gets Occupancy Permit   

TriGranit and Revetas Capital have officially obtained the occupancy permit for the second phase of the Millennium Gardens office complex,...

Office Market

New Tenants Moving Into Wing’s Liberty Building This Summer

Four new tenants will be moving into Liberty, Wing’s mixed-use development, in summer 2024. Coop, FedEx, Praktiker, and 3 Print...

Office Market

Graphisoft Park Earnings Rise 31% in 2023

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 31pc to...

Office Market

Office Usage Habits Changing, Value of Liveable Spaces Increasing

The coronavirus epidemic and the rise of the home office have shaken up the office market. In line with international...

Office Market

Investment Activity Restrained Across CEE Region in 2023

Total CEE investment for 2023 stood at around EUR 4.9 billion, according to preliminary figures from Colliers. The forecast for...

Office Market

Higher-specified Office Projects the Order of the Day

The Budapest office pipeline is low; developers are exercising caution, and new projects are being put on hold given the...

Office Market

Developers Must Meet Demands of Tenants’ Staff

The recently completed 12,500 sqm Academia office redevelopment and renovation project by ConvergenCE and Europa Capital in Pest’ District V...

Office Market

Worker Requirements Becoming More Sophisticated

The office environment, its amenities and location are an intrinsic part of any project concept, design, and leasing strategy. This...

Office Market

Hybrid Work Model Looks Here to Stay, but at What Ratio?

A hybrid work model, whereby employees use a combination of in-office and remote days, is increasingly becoming the norm in...

Office Market

The Future of Hungary’s Occupational Landscape

The Budapest Business Journal quizzed consulting professionals across Budapest to highlight trends regarding employees’ return to the workplace, hybrid work...

Office Market

Outdated Administration Methods Among Most Frustrating Office Problems

If you are an employer finding it hard to persuade staff back to the office, perhaps your HR administration is...

Office Market

Multifunctional Center to be Developed at Puskás Metro

The Centrale, a multifunctional complex by the Hungarian outfit Chain Bridge Ventures, will be developed at the Puskás Ferenc Stadion...

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,...