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Office market news

News, analysis and lease transactions from the Hungarian office market

GLP Moves to Rejuvenated ZenGarden

GLP Hungary, a leading investor and developer of logistics warehouses and distribution parks moved its head office to ZenGarden, owned and renewed by ConvergenCE.

New Head of Marketing and PR at ConvergenCE

As of October 2020, Orsolya Simon holds the position of Head of Marketing and PR at ConvergenCE. In addition to the comprehensive corporate communications of the real estate investor and developer, she will be responsible for supporting the leasing, asset, property and project management business lines.

The I&L sector in the CEE-17 has become one of the most sought-after asset types since 2019, after Offices and Residential according to Colliers International, CMS and Randstad

The report revealed that some of the key challenges in this sector include the availability of land and property in locations that meet both the developers and end-user expectations, along with the availability and reliability of utilities, connectivity to transport infrastructure, the availability and skills of the labour pool, and access to investment incentives.

OTP Branch in Kálvin Square Office Building Fully Renewed

Customers are surely impressed by the completely refurbished OTP Bank branch office at one of the busiest transport hubs in Budapest. OTP Bank has been in the category “A” Kálvin Square office building since 2007, which now awaits customers in a much fresher, modern, people-centred environment.