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Testimonials

Millennium Gardens, one of Europe’s Most Modern and Energy Efficient Buildings, with Leading ESG Development Practices Opens with Over 90% Occupancy of Phase I

The first phase of Millennium Gardens 'A+ category’ office building in Budapest, Hungary has opened its doors with an occupancy rate of over 90%.

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IMMOFINANZ: Letter of intent for the sale of the Hungarian office portfolio

IMMOFINANZ has signed a letter of intent for the sale of its Hungarian office properties to S IMMO

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Interviews

Flexible office solutions market share to grow from 4% to 30% in the foreseeable future

Mr. Hubert Abt, Founder-CEO of New Work Offices & Workcloud24 does not like to talk in circles, he prefers facts, and some of his statements are almost shocking. He says that without the changes required by ESG, the average real estate portfolio will lose 30% of its value in a few years. We talked about an impending recession, 50% vacancy rates, and the challenges facing landlords.

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Office first

According to Ms. Erika Loska, MRICS, Co-Managing Director of Knight Frank Hungary, hybrid working is a huge opportunity to retain a quality workforce, but it also has a number of drawbacks, and it is just one of the biggest changes in the office market that both tenants and landlords need to respond to. We talked about ESG, the world beyond profit and tenants' cautiousness, among other things.

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Tenants

Date Business Center Tenant m2 Agency
2022 Q3 MOMentum Offices DLA Piper 2500 Cushman & Wakefield Kft.
2022 Q3 Park Átrium PSI CRO 894 Property Solution Group
2022 Q3 Kálvin Square Risskov 555 ConvergenCE
2022 Q3 Montevideo Office Park Elopak 90 AN Limited

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Best of 2022

  • Largest Rental:

    Atenor - BakerStreet - Atenor Hungary, with 16200m2 rented space

  • Most Active Office Building:

    Atenor - BakerStreet, 1 db rentals, with 16200m2 rented space

  • Most Active Agency:

    Atenor Hungary, 1 transactions, transactions total space: 16200 m2

Best of 2021

  • Largest Rental:

    Liget Center - WING Zrt, with 9000m2 rented space

  • Most Active Office Building:

    Liget Center, 1 db rentals, with 9000m2 rented space

  • Most Active Agency:

    WING Zrt, 2 transactions, transactions total space: 11000 m2

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