OFFICE MARKET – Q3 2026
The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary) hereby reports its Q3 2026 office market summary.
Office market news
News, analysis and lease transactions from the Hungarian office market
Innovative Software Company Joins Árpád Center
Another successful leasing transaction has been concluded at Árpád Center Office Building, managed by Convergence. Salonic, a Hungarian technology company offering innovative digital solutions, has signed a lease agreement and chosen the building as the location for its new office.
The Talent Equation: Flexible Working Could Unlock Billions in Productivity Gains
More flexible ways of working could unlock billions of dollars in productivity gains by helping businesses attract and retain talent and protect critical knowledge, according to new economic modelling from Arup and International Workplace Group (IWG), the world's largest platform for work with brands including Spaces and Regus.
Millennium Gardens' two largest tenants expand and extend their leases, reinforcing their long-term commitment
Millennium Gardens has further strengthened its position as one of Budapest's leading premium office buildings as its two largest tenants, Henkel Hungary and ARM Hungary, have both expanded their office space and committed to new long-term lease agreements.
IWG plc delivers record network growth with 728 new lociations signed in H1 2026
International Workplace Group (IWG), the world’s leading platform for work with brands including Regus and Spaces, signed a record 728 new locations globally in the first half of 2026, taking its global network to more than 6,000 signed locations across more than 120 countries. The business also delivered record revenues and EBITDA during the period.
Signs of Improvement Are Visible, but a Full Recovery Will Be Gradual
Colliers experts have reviewed the key real estate market trends of the first half of 2026. During the press conference, the company’s leading specialists – Kristóf Tóth (Associate Director, Head of Research), Balázs Zelles-Görgey (Director, Head of Capital Markets), Miklós Ecsődi (Partner, Head of Occupier Services), Anita Csörgő (Director, Head of Retail) and Tamás Beck (Partner, Head of Industrial & Logistics) – provided an in-depth analysis of the performance of individual real estate sectors alongside the current economic environment.
Bangkok named world’s best workcation city for 2026 in IWG’s annual Work from Anywhere Index as WFA policies reshape travel and work
Bangkok has been named the best city in the world for a workcation in the fourth edition of IWG’s Work from Anywhere Index, with Tokyo and Barcelona taking second and third place. The annual index ranks cities against a range of criteria designed to assess how well they support remote working while travelling, including climate, broadband speed, accommodation, transport, food, culture and the availability of flexible workspaces. It comes as new research from IWG demonstrates the growing popularity of work-from-anywhere policies, enabled by hybrid working and access to workspaces around the world.
Danubius expands its hotel portfolio with another international brand, and is the first to bring Radisson Individuals to Hungary
Danubius Hotels Zrt. is further expanding its hotel portfolio through a new international franchise partnership. As a result of the agreement between Danubius and the Radisson Hotel Group, the Radisson Individuals brand will make its debut in Hungary. With this addition, Danubius now operates five international hotel brands, further strengthening its position as one of Hungary's leading hotel operators.
