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Office Market News

IWG half year result

Strategic network expansion delivering record revenue, cashflow and earnings growth

108 Real Estate Achieves Impressive Success on the Industrial Leasing Market in Q2 2024

108 Real Estate, a leading commercial real estate consultancy, has solidified its position as a dominant force in the industrial rental market.

Budapest named world’s best ‘workcation’ city for 2024

As the rise of hybrid working fuels longer workcations as employees have more flexibility over how and where they work, Budapest has been named the best ‘workcation’ city in the world, beating competition from the likes of New York, Berlin and Singapore in International Workplace Group’s second annual Work from Anywhere Barometer.

IWG expands its strategic presence in Budapest with opening of the first HQ Centre in Hungary

International Workplace Group, the world’s largest provider of hybrid working solutions has announced the opening of a modern flexible workspace in Budapest.

Reliability and predictibility are fundamentals. Bernecker’s success story in the construction industry

Attila Bakonyi CEO and Zsolt Tomán Business Development Director agree that the values described in the title are the pillars of a nearly quarter of a centrury success story of the company. In the last 5 years, experiencing dynamic growth over 200k sqm area was constructed by the company

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.

Transactions

Date Business Center Tenant m2 Lessor
2024 Q3 Margit Palace Electron Holding Zrt. 1960 Property Solution Group
2024 Q3 ZenGarden Irodaház Uniomedia Zrt 404 Property Solution Group
2024 Q3 Aréna Business Campus D.A.S. Jogvédelmi Biztosító Zrt. 562 ESTON International Kft

More Transactions »

Best of 2024

  • Largest Rental:

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

  • Most Active Office Building:

    White House, 2 rentals, with 12115m2 rented space

  • Most Active Lessor:

    Cushman & Wakefield Kft., 3 transactions, transactions total space: 8010 m2