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Shared Service Centers lease 10% of A-category office space

There are 43 Shared Service Centers (SSCs) operating in Hungary, leasing combined office space of 200,000sqm, or almost 10% of the total stock of category \"A\" office space, according to a fresh survey by real estate investor CA Immo and real estate consultant DTZ.

Real estate developers\' earlier experience was that such centers, after their technology became outdated after 3-5 years of operation, moved further east where both workforce and office space leases are cheaper.

The latest trend, on the other hand, is that SSCs are being moved back from very cheap countries like India to the CEE region. Hungary has the advantage of the availability of well-qualified workforce with good language skills and an advanced level of infrastructure, CA Immo Managing Director Edit Gulyás was quoted by the statement.

EDS Hewlett Packard, IBM, British Telecom, Tata, GE and Diageo were among the first to choose Hungary as a location for business service centers that are still operating in the country. 

Most SSCs were established in Budapest, but there are some exceptions:: IBM and Sapa in Székesfehérvár (C Hungary); Budapest Bank in Békéscsaba (E Hungary); and British Telecom and Vodafone in Debrecen (E Hungary)and Miskolc (NW Hungary), respectively, in addition to centers in Budapest.