Office Market

Office Market

Real Estate Market Actors Look to Upturn for 2024

It remains an open question when investment activity in Hungary and the CEE region will pick up after a subdued...

Office Market

Budapest Modern Office Stock Reaches Nearly 4.37 mln sqm in Q4

The total modern office stock in Budapest added up to 4,369,900 sqm, consisting of 3,571,710 sqm of ‘A’ and ‘B’...

Office Market

New Multifunctional Center to be Built at Puskás Ferenc Stadion Metro Station

The Centrale multifunctional building complex will be built at one of the city's main intermodal hubs, the Puskás Ferenc Stadion...

Office Market

2023 a Restrained 12 Months for Deals

This has been a restrained year for development activity in the office and retail fields. That in the industrial and...

Office Market

Q1-3 Real Estate Investment Lowest in CEE for a Decade

Investment figures for the first three quarters of the year (the most up-to-date statistics at the time of writing) have...

Office Market

Academia Receives Well Pre-certification

ConvergenCE's Academia office building has received a Well pre-certification, according to a press release sent to the Budapest Business Journal....

Office Market

FIABCI: Hungarian Prix d’Excellence Attracts Record 50 Entrants

This year’s 25th anniversary FIABCI-Hungarian Prix d’Excellence International Real Estate Federation competition attracted a record 50 developments, ending in a...

Office Market

Emphasizing Regeneration and Sustainability

The design competition run by the local chapter of the FIABCI International Real Estate Federation celebrated a landmark anniversary this...

Office Market

BSCs an Essential Part of Budapest Office Market Development

Hungary, and Central Europe in general, has successfully promoted itself as advanced but cost-effective business destinations for international companies looking...

Office Market

IWG Expands Footprint in Hungary With 2 New Locations

International Workplace Group (IWG) is expanding its footprint in Budapest and Debrecen, Hungary with the addition of two new workspaces...

Office Market

Volvo Hungária New Head Office Reaches Structural Readiness

The new Volvo Hungária Kft. base in Ecser, which will be the company's most modern and greenest building complex, has...

Office Market

Entire Floor of Office Area Rented at ZenGarden

Office complex ZenGarden has recently seen the signing of another long-term lease agreement. ConvergenCE has entered into a new agreement...

Office Market

Investment Volumes Fall Across Central Eastern Europe

CBRE has recorded EUR 350 million in annual commercial real estate investment volume for Hungary as of October, representing a...

Office Market

Offices Affected by Challenging Real Estate Market

The challenging real estate environment has left its mark on the office market, according to the joint data analysis of...

Office Market

Limited new Office Development in Budapest

The Budapest office pipeline is limited; builders are exercising caution, and new projects are not being initiated in an uncertain...

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,...