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Office Market News

IWG set for record network growth

Significant growth in Hungary with new openings

Hybrid workspace leader IWG announces milestone financial performance in 2023 amidst shifting work trends

The IWG brands - Regus, Spaces and HQ – continue to attract diverse business customers worldwide and expand their presence in Hungary, with seven workspaces across Szeged, Pécs, Debrecen, Budaörs, Biatorbágy and Szentendre, as well as 12 locations in Budapest.

Zoltán Ligetvári heads up Investment at ConvergenCE

A highly skilled professional has joined ConvergenCE, bringing nearly twenty years of expertise in commercial investment to the ConvergenCE team.

Gellért Berkes heads up Property Management at ConvergenCE

As of January 1, 2024, a new Head of Property Management has been appointed at ConvergenCE.

Tibor Tatár: instead of quantitative growth, the emphasis will shift to quality on the office market.

The professional’s opinion is that high(er) quality will increasingly emerge as a demand on the part of tenants, yet this doesn’t necessarily entail a greenfield investment.

Mr. Hubert Abt: Budapest could overtake Vienna

According to the founder and CEO of New Work and workcloud24, if we could focus on a few key factors - ESG, liveable city centre and some others - in addition to fixing the macro-economy, we would have a very good chance of becoming a major player in the region's real estate market.

Transactions

Date Business Center Tenant m2 Agency
2024 Q2 Millennium Tower Wizz Air 8000 Newmark VLK Hungary
2024 Q1 Alphagon Offices KAON n/a Office Service
2024 Q1 Bartók Ház 2300 ESTON International Kft

More Transactions »

Best of 2024

  • Largest Rental:

    Millennium Tower - Newmark VLK Hungary, with 8000m2 rented space

  • Most Active Office Building:

    Millennium Tower, 1 db rentals, with 8000m2 rented space

  • Most Active Agency:

    Newmark VLK Hungary, 1 transactions, transactions total space: 8000 m2

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