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Office Market News

IWG to open three new Regus centers in Hungary, as demand for hybrid work continues rising

IWG, the world’s largest provider of hybrid working solutions with brands including Spaces, Regus, HQ and Signature, is expanding its Hungarian portfolio with 3 new openings, as the demand for hybrid working rapidly accelerates.

Atenor announces the successful sale of Roseville office building in Budapest

Atenor announces the successful sale of the iconic RoseVille office building located in Budapest, Hungary. This transaction is a significant achievement in Atenor operational plan and a major milestone in the Budapest investment market for the year 2023.

Krisztina Enzsöl goes to Atenor

Krisztina Enzsöl is joining the Atenor Leasing team in September 2023.

Arago Group Moves to ACADEMIA Office Building

The Arago Group, founded in 1995, will become a new tenant in the renovated Danube riverside office building which is reopening its doors at the end of September. Equipped with advanced technology, ACADEMIA will provide 900 square meters to house the Arago asset management company on the buildings impressive sixth floor.

Interviews

Mr. Károly Mózes: Hungary is one of our fastest growing locations

The Partnership Business Development Manager of IWG says that companies require less space as their employees are no longer in the same location 5 days a week and providing access to a network of locations boosts productivity and provides greater flexibility and convenience for employees

Yulia Lytvynenko: hybrid working is not just a trend, it is a paradigm shift

According to the IWG country manager, workers see the possibility of hybrid working as equivalent to a 7%-8% pay rise. She expects the sector's vacancy rate to fall in the second half of the year, as the daily commute of white-collar workers could soon be a relic of the past. Brave new world? Find out in this interview.

Transactions

Date Business Center Tenant m2 Agency
2023 Q3 Madách Trade Center Serendi Hungary Kft. n/a Madách Trade Center Bt.
2023 Q3 Madách Trade Center C&A Mode Kft. n/a Madách Trade Center Bt.
2023 Q3 Váci 1 irodaház Finotive Group 483 Property Solution Group

More Transactions »

Best of 2023

  • Largest Rental:

    Millennium Tower I - Cushman & Wakefield Kft., with 8100m2 rented space

  • Most Active Office Building:

    Hungária Office Park, 2 db rentals, with 14000m2 rented space

  • Most Active Agency:

    Cushman & Wakefield Kft., 5 transactions, transactions total space: 12697 m2

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