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Office Market News

300 years of the office: Artificial Intelligence named most significant indicator of modern technological revolution

Artificial intelligence has been named as the most influential office innovation by global CEOs in a landmark report, “IWG: 300 Years of Office Innovation", to mark the 300th anniversary of the modern office - followed closely by laptops and video calling, as technology continues to transform the office.

TriGranit and DRFG Investment Group complete acquisition of Korzó Shopping Centre in Hungary

TriGranit and DRFG Investment Group are pleased to announce the successful acquisition of Korzó Shopping Centre, a dominant retail destination in eastern Hungary. The asset comprises approximately 18,000 sqm of gross leasable area (GLA) and serves as one of the key commercial hubs in the region.

IWG starts 2026 with revenue growth and accelerated network expansion

International Workplace Group plc (IWG), the world’s largest hybrid workspace platform with a network in over 120 countries through workspace, professional services and digital brands such as Regus, Spaces, HQ, Signature and Instant Offices, today announces its trading statement for the three months ended 31 March 2026.

Colliers Strengthens Leadership with New Equity Partners in Hungary

Colliers is pleased to announce that Kata Mazsaroff, Managing Partner, along with Tamás Beck and Miklós Ecsődi, have been appointed Equity Partners as of 30 April 2026, underscoring the firm’s continued investment in leadership and growth in the Hungarian market.

Interviews

Carbon-Neutral Offices and Evolving Tenant Expectations: How Budapest’s Office Market Is Transforming

According to Aurelia Luca, Executive Vice President of Operations for Hungary and Romania at Skanska’s commercial development business unit, sustainability is no longer a competitive advantage but a basic expectation among corporate tenants. At the same time, energy efficiency, transparency of operational data, and the quality of the workplace environment are playing an increasingly important role in decision-making, fundamentally reshaping the priorities of Budapest’s office market.

Resilience and value creation at the turning point of the cycle – Convergence strengthens through strategic renewal

Market uncertainty, cautious investor sentiment, and transforming office usage habits – yet Convergence has chosen renewal and deliberate development. The real estate investment and development company, presenting itself with a refreshed brand identity, is not merely reacting to challenges but actively shaping the market: it believes in the strength of resilient locations, value-creating repositioning, and long-term growth. We spoke with Mr. Csaba Zeley, Managing Director of Convergence, about the future of the Budapest office market, the role of flexibility, and the next chapter of an iconic inner-Buda office building – a successfully rethought building that has reached a transactionally relevant stage of its lifecycle.

Transactions

Date Business Center Tenant m2 Lessor
2026 Q2 City Gate Irodaház Allonic 609 ESTON International Kft.
2026 Q2 Merkúr Palota Collection Pot 103 Raven & Partners International
2026 Q2 TILIA Irodaház GE HealthCare n/a CBRE

More Transactions »

Best of 2026

  • Largest Rental:

    Centerpoint - ESTON International Kft., with 6100m2 rented space

  • Most Active Office Building:

    Centerpoint, 1 rentals, with 6100m2 rented space

  • Most Active Lessor:

    ESTON International Kft., 3 transactions, transactions total space: 8257 m2

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