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Office Market News

Árkád Szeged was sold with the assistance of Robertson Hungary Ltd.

3/25/26

We are extremely proud to announce the successful sale of Árkád Szeged — a premium shopping centre featuring 130 shops across 42,000 sqm GLA and 1,310 parking spaces, located in the heart of the third largest city in Hungary. The shopping center's strategic positioning, tenant mix, stable income profile and the effectiveness of center and asset management by ECE are the key drivers behind the acquisition.

International Workplace Group adds 1,132 new locations in 2025

3/19/26

International Workplace Group (IWG), the world's largest platform for work with brands including Spaces and Regus, has announced that it has signed 1,132 new centres to its network in 2025, and opened 782 new workspaces - with more new locations than in the entire first two decades of its operations.

Szentendre Named Budapest Region’s Top Commuter Town for Hybrid Workers in 2026

3/14/26

International Workplace Group (IWG), the world's largest platform for work with brands including Spaces and Regus, has named Szentendre as the Budapest region’s best commuter town for hybrid workers to live in 2026, as part of its inaugural Commuter Town Index — ranking the town ahead of nearby commuter locations such as Budaörs, Érd, Gödöllő and Dunakeszi. The index measures how well towns in the Budapest metropolitan commuter belt support modern hybrid workers, based on factors including transport links, local amenities and access to flexible workspaces.

IWG closes a record year: New highs in both revenue and network expansion

3/10/26

International Workplace Group, the world’s largest hybrid workspace platform with a network in over 120 countries through flexible workspace brands such as Regus, Spaces, HQ, Signature, issues its preliminary results for the twelve months ended 31 December 2025.

Interviews

Resilience and value creation at the turning point of the cycle – Convergence strengthens through strategic renewal

Market uncertainty, cautious investor sentiment, and transforming office usage habits – yet Convergence has chosen renewal and deliberate development. The real estate investment and development company, presenting itself with a refreshed brand identity, is not merely reacting to challenges but actively shaping the market: it believes in the strength of resilient locations, value-creating repositioning, and long-term growth. We spoke with Mr. Csaba Zeley, Managing Director of Convergence, about the future of the Budapest office market, the role of flexibility, and the next chapter of an iconic inner-Buda office building – a successfully rethought building that has reached a transactionally relevant stage of its lifecycle.

Budapest’s Office Market at a Strategic Inflection Point

Budapest’s office market is no longer navigating a cyclical downturn, but a structural turning point driven by AI, changing work models and outdated lease structures.

Transactions

Date Business Center Tenant m2 Lessor
2026 Q2 Corvin 4. (Corvin Skypark) Teva Magyarország 653 IO Partners
2026 Q1 BudaWest Offices GOALZ Consulting Zrt. n/a Office Service
2026 Q1 Focus Point Irodaház Glas LSS Kft. 350 108 HUNGARY REAL ESTATE Kft

More Transactions »

Best of 2026

  • Largest Rental:

    Centerpoint - ESTON International Kft., with 6100m2 rented space

  • Most Active Office Building:

    Centerpoint, 1 rentals, with 6100m2 rented space

  • Most Active Lessor:

    ESTON International Kft., 2 transactions, transactions total space: 7648 m2

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Harkácsi István

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