Office Market

Developments Still Ongoing in Some Sectors Despite the Challenging Market Environment

While there are substantial pipelines for the industrial and hotel markets in Hungary, things are more limited for offices, and...

Office Market

Developers Juggling Multiple Demands and Challenges

Development in the various real estate markets in Hungary is impacted by concerns about demand and concluding the preleases that...

Office Market

Turbine Chooses Corvin Innovation Campus as HQ

Digital biopharma research and development R&D company Turbine has set up its brand-new headquarters in the Corvin Innovation Campus on...

Office Market

MNB Flags Risk of Oversupply on Commercial Property Market

The National Bank of Hungary (MNB) flagged the risk of oversupply in the commercial property market within one or two...

Office Market

Futureal Acquires Lipowy Office Park in Warsaw

Futureal has announced the acquisition of Lipowy Office Park in Warsaw. The company intends to reposition the building complex by...

Office Market

ConvergenCE Officially Opens the Academia Office Center

The 12,500 sqm Academia office center redevelopment on the Pest embankment of the Danube in central District V has officially...

Office Market

CPI: Developers Must Walk the Sustainability Talk

Landlords have a critical role in raising sustainability awareness among their staff, tenants and the broader society and establishing two-way...

Office Market

Liberty Development’s South Wing Receives Use-permit

The south wing of Wing’s mixed-use Liberty development has received its use permit, and the first office tenants, eMag and...

Office Market

Offices Still Important Despite Popularity of Remote Work

While technology advances and a significant number of employers are increasingly supporting remote work, the office retains its importance, thanks...

Office Market

Quiet Year in Real Estate Investment Market Expected

A quiet summer and a subdued year are predicted for the investment market by commentators, reflecting the cautious wait-and-see strategy...

Office Market

Wing’s Liberty Building Receives Use Permit

Wing’s mixed-use flagship property development, Liberty, has received its use permit, welcoming its first tenants in the office area and...

Office Market

Increasing Rates of Office Vacancy in Budapest

Companies hoping to relocate their businesses are trapped in a rigid office market, according to an analysis of H1 office...

Office Market

MBH Gondoskodás Funds Pick H2Offices as HQ

Skanska secured MBH Gondoskodás Health and MBH Gondoskodás Pension Funds as new tenants of the first phase of H2Offices, according...

Office Market

Academia Office Building Nearing Handover

The former headquarters of Raiffeisen Bank has undergone complete renovation to serve as Convergence’s Academia office building, and is now...

Office Market

H2Offices Awarded a Record Hungarian Leed ‘Platinum’ Score

The first phase of H2Offices, the latest Budapest development by Skanska, has been awarded a Leed “Platinum” rating with what...

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...