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Office Market News

IWG expands its footprint in Hungary with two new locations, as demand for hybrid working rises

11/28/23

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

11/15/23

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

11/13/23

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

11/10/23

On September 28, the renovated ACADEMIA office building officially opened its doors.

Mr. Craig Smith: the property market has always been volatile, nothing to worry about

10/24/23

The 5th CRE Awards gala took place on 19th October at the InterContinental Hotel, where Mr. Craig Smith, founder of EuropaProperty.com, which created the awards, answered our questions.

How to leverage technology to meet occupier’s demand?

10/19/23

'After several years of collaborative work to make the world's buildings smarter and better connected, Colliers and WiredScore are excited to share their expertise with Hungary's most forward-thinking landlords, owners, and developers', Kata Mazsaroff, the CEO of Colliers Hungary expressed in her welcoming speech at the joint networking event held on October 10, 2023.

ConvergenCE Leasing Team Welcomes Bettina Beke

10/17/23

Starting from October 2023, a new colleague is joining Dóra Papp-Vas and Kinga Halász at ConvergenCE. She comes from Cushman & Wakefield office leasing department, where she has been working on consulting, tenant, and landlord representation since 2019.

The Budapest Research Forum (hereinafter the ‘BRF’) hereby reports its Q3 2023 office market summary

10/16/23

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary) hereby reports its Q3 2023 office market summary.

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