Green finance trends globally and in Hungary
Green financing in the commercial real estate sector has experienced significant growth in recent years.
Office market news
News, analysis and lease transactions from the Hungarian office market
Specialty coffee shop opens in ACADEMIA office building
From 11 December on, enthusiasts of specialty coffees and doughnuts can find a new favorite spot in the heart of Budapest. BADASS Coffee & Donut has moved to the ground floor of ACADEMIA, where fans of light-roasted coffee can recharge in the unique atmosphere of the modern lobby.
Technology can revitalize aging office buildings in maturing CEE-12 markets, extending offices’ lifespans and reduce the necessity for extensive renovations
Smart usage of technology in office buildings, accompanied by market indicators such as modern office supply per capita and low vacancy rates, continue to impact positively on the current condition of the office sector in Central and Eastern Europe
From serviced office to traditional lease - Flexion chose ZenGarden
The success story of Flexion Mobile Plc's Hungarian Branch has been unfolding since its founding on December 1, 2015. The company's growth has now reached another milestone: they have chosen traditional long-term office leasing over their previous serviced office rental and are moving to ZenGarden.
IWG expands its footprint in Hungary with two new locations, as demand for hybrid working rises
Internatonal Worplace Group (IWG) expands its footprint in Budapest and Debrecen, Hungary with the additon of two new workspaces planned for 2024.
In the next two years, the capital cities of Central European countries (Prague, Bratislava, Budapest, and Bucharest) could encounter an office shortage due to delayed construction caused by uncertain economic outlook combined with high costs and slowing
By the close of Q3 2023, the total area of modern offices in Budapest increased to 4.344 million sqm. From the beginning of 2023, 77,500 sqm of office space was completed, and by year-end an additional 43,670 sqm is expected to be delivered.
Fast Negotiation and Transaction - An Entire floor of Office Area Rented at ZenGarden
ZenGarden, the fully developed office complex, has recently seen the signing of another long-term lease agreement
Nearly a Quarter Century at ACADEMIA, Kinstellar Extends
On September 28, the renovated ACADEMIA office building officially opened its doors.
