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Office Market News

ZenGarden Office Building Achieves Full Occupancy

The premium ZenGarden office building in Buda, managed by Convergence, has reached another major milestone: following a series of successful leasing transactions in recent months, the property has achieved full occupancy. A combination of new leases and renewals has resulted in the building being fully let, clearly demonstrating the effectiveness of a carefully executed leasing strategy.

BRF has published Q1 2026 report on the Budapest office market

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary) hereby reports its Q1 2026 office market summary.

CEE 6 Hotel Market Snapshot: Growth, Investment and Budapest in focus

The CEE 6 hotel market delivered strong growth in 2025, with RevPAR up 8.9% year-on-year, supported by rising rates and occupancy, while investment volumes surged by 170%, led by the Czech Republic and Hungary. Prime yields compressed across key markets, and momentum is set to continue into 2026 amid improving financing conditions. Budapest stood out as a top performer, combining solid operational growth with robust investment activity and a strong development pipeline.

Árkád Szeged was sold with the assistance of Robertson Hungary Ltd.

We are extremely proud to announce the successful sale of Árkád Szeged — a premium shopping centre featuring 130 shops across 42,000 sqm GLA and 1,310 parking spaces, located in the heart of the third largest city in Hungary. The shopping center's strategic positioning, tenant mix, stable income profile and the effectiveness of center and asset management by ECE are the key drivers behind the acquisition.

International Workplace Group adds 1,132 new locations in 2025

International Workplace Group (IWG), the world's largest platform for work with brands including Spaces and Regus, has announced that it has signed 1,132 new centres to its network in 2025, and opened 782 new workspaces - with more new locations than in the entire first two decades of its operations.

Szentendre Named Budapest Region’s Top Commuter Town for Hybrid Workers in 2026

International Workplace Group (IWG), the world's largest platform for work with brands including Spaces and Regus, has named Szentendre as the Budapest region’s best commuter town for hybrid workers to live in 2026, as part of its inaugural Commuter Town Index — ranking the town ahead of nearby commuter locations such as Budaörs, Érd, Gödöllő and Dunakeszi. The index measures how well towns in the Budapest metropolitan commuter belt support modern hybrid workers, based on factors including transport links, local amenities and access to flexible workspaces.

IWG closes a record year: New highs in both revenue and network expansion

International Workplace Group, the world’s largest hybrid workspace platform with a network in over 120 countries through flexible workspace brands such as Regus, Spaces, HQ, Signature, issues its preliminary results for the twelve months ended 31 December 2025.

Strategic Appointment at Newmark VLK Hungary: New Head of Occupier Services

As part of its strategic growth plan, Newmark VLK Hungary is strengthening its tenant advisory business line.