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Articles - Váci road office corridor

Carbon-Neutral Offices and Evolving Tenant Expectations: How Budapest’s Office Market Is Transforming

According to Aurelia Luca, Executive Vice President of Operations for Hungary and Romania at Skanska’s commercial development business unit, sustainability is no longer a competitive advantage but a basic expectation among corporate tenants. At the same time, energy efficiency, transparency of operational data, and the quality of the workplace environment are playing an increasingly important role in decision-making, fundamentally reshaping the priorities of Budapest’s office market.

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.

BC 91 Office Building has a new owner

Area Ingatlan Kft and its co-investor has acquired BC 91 Offices located on the Váci út Office Corridor.

S IMMO's Blue Cube office building received Silver certification for accessibility

S IMMO’s Blue Cube office building obtained Silver accessibility certification from Access4You.

ConvergenCE Commissioned for New Agora Budapest Project

Investor developer HB Reavis entrusted ConvergenCE with the leasing of 8,000 m2 of Agora Tower last year, followed by an additional 6,000 m2 at Agora HUB this February.

Árpád Center’s Neighbourhood Renewed

A stylish, accessible and green community space has been created on the Váci Office Corridor around the Árpád Center office building

Váci Greens office complex’s fifth building, ’F’ received the occupancy permit

The fifth, 25,053 m2 ‘F’ building of the A+ category Váci Greens office complex, already having a 67% occupancy rate, has received the occupancy permit as well. The first tenants are going to move in in June.

50% of Váci Greens Building F is already let one year before its completion

An international service provider will rent approx. 4,000 sq m office space with additional expansion areas in the newest, Building “F” at Váci Greens office park. With the arrival of the new tenant in June 2020, the occupancy rate of the building will be around 50%.