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Office Market News

CEE Commercial Real Estate Rebound Continues in Q1 2025

Investments accelerate in the CEE region despite global tensions and heightened uncertainty

CA IMMO Completes sale of IP West office building in Budapest

CA Immobilien Anlagen AG (CA Immo) has completed the sale of the IP West office building in Budapest.

Interest Rate Cuts Stimulate the Commercial Real Estate Market in Central and Eastern Europe

Falling interest rates and easing monetary policy across the eurozone and CEE 1 are boosting investor confidence in the region’s commercial real estate market, supported by trends like nearshoring and digitalisation, reveals Colliers in the recent publication “Beyond Real Estate | Economy”.

The Budapest Research Forum (hereinafter the ‘BRF’), which comprises hereby reports its Q1 2025 office market summary.

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary) hereby reports its Q1 2025 office market summary.

Interviews

Office market faces strategic inflection point

Mr. Hubert Abt, founder and CEO of New Work and workcloud24 says that it's getting worse before it's getting better.

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

Transactions

Date Business Center Tenant m2 Lessor
2025 Q2 HOP Technology Office Park Lightware Zrt. 7000 WING Zrt.
2025 Q2 Duna Torony Irodaház Sonrisa Kft. n/a Cushman & Wakefield Kft.
2025 Q2 Szépvölgyi Irodapark Energia Birodalom Kft. n/a Newmark VLK Hungary

More Transactions »

Best of 2025

  • Largest Rental:

    Advance Tower - IO Partners, with 9600m2 rented space

  • Most Active Office Building:

    Advance Tower, 1 rentals, with 9600m2 rented space

  • Most Active Lessor:

    IO Partners, 2 transactions, transactions total space: 13007 m2

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