News, analysis and lease transactions from the Hungarian office market
As the rise of hybrid working fuels longer workcations as employees have more flexibility over how and where they work, Budapest has been named the best ‘workcation’ city in the world, beating competition from the likes of New York, Berlin and Singapore in International Workplace Group’s second annual Work from Anywhere Barometer.
International Workplace Group, the world’s largest provider of hybrid working solutions has announced the opening of a modern flexible workspace in Budapest.
The final two phases of Budapest ONE, located at Őrmező, Hungary’s largest multimodal transport hub, have received the highest Platinum level of WELL Core certification. The 66,000 sqm complex has met the requirements of the WELL Building Standard™, which values and recognises spaces that improve people’s health and well-being worldwide. Futureal was the first company in Hungary to commit to promoting people-centred buildings. As a result, several of its office developments have now achieved WELL certification, totaling 130,000 sqm of lettable space.
International Workplace Group, the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, is opening a modern flexible workspace in Budapest. As the adoption of hybrid working rapidly accelerates across Hungary, the number of enquiries for space in International Workplace Group locations has risen sharply and this new opening helps meet rising demand.
The investment group DRFG's portfolio is expanding with an important addition: the acquisition of one of the largest privately-owned real estate development platforms in Central Europe, TriGranit. DRFG has acquired a 100% stake in TriGranit, which will continue to operate under its established brand, encompassing the entire development area of the group. This strategic acquisition is a key step in DRFG's expansion and strengthening of its presence in the Central and Southeast European region.
ConvergenCE’s ACADEMIA Offices further solidifies its status as downtown Budapest's leading destination for major international and emerging local firms, supported by significant office deals in H1 with companies like SAAB, Shapr3D, and Roland Berger.
Fressnapf International Business Services (FIBS) the international business center of the Fressnapf Group, Europe's leading omnichannel pet supplies retailer, opened its new customer service office – as the first tenant - at the now opened IWG’ Regus Fészek office building in Pécs.
CA Immo and Morgan Stanley have signed a long-term lease agreement for approx. 20,000 sqm in the Budapest Millennium Tower office buildings I-III.
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