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Another successful leasing transaction has been concluded at Árpád Center Office Building, managed by Convergence. Salonic, a Hungarian technology company offering innovative digital solutions, has signed a lease agreement and chosen the building as the location for its new office.
More flexible ways of working could unlock billions of dollars in productivity gains by helping businesses attract and retain talent and protect critical knowledge, according to new economic modelling from Arup and International Workplace Group (IWG), the world's largest platform for work with brands including Spaces and Regus.
Millennium Gardens has further strengthened its position as one of Budapest's leading premium office buildings as its two largest tenants, Henkel Hungary and ARM Hungary, have both expanded their office space and committed to new long-term lease agreements.
International Workplace Group (IWG), the world’s leading platform for work with brands including Regus and Spaces, signed a record 728 new locations globally in the first half of 2026, taking its global network to more than 6,000 signed locations across more than 120 countries. The business also delivered record revenues and EBITDA during the period.
Artificial intelligence is no longer a future concept for the real estate industry. It is already changing the way buildings are operated, assessed and financed. According to Hubert Abt, FRICS, Founder and CEO of workcloud24, the real question is not whether a building “uses AI”, but whether the technology can demonstrably reduce costs, improve comfort and mitigate risk. In this interview, we discuss how AI can turn building data into operational intelligence, which real estate professions will be transformed, what tenants stand to gain, why ESG has become less visible but no less relevant, and why trust and measurable performance will ultimately determine the value of AI in real estate.
The Budapest office market is on the threshold of a new era: while vacancy rates are declining and demand for modern, sustainable office space may increase, the spread of artificial intelligence could reshape labour demand in the service sector even in the medium term. According to Mr. Gábor Regős, Chief Economist at Gránit Asset Management, the new direction of economic policy may strengthen service centres and high value-added activities, which could primarily benefit premium office buildings. In this interview, we discussed the current situation of the Budapest office market, the role of ESG requirements, the impact of the interest rate environment, and the opportunities and risks associated with AI.