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Office Market News

International Workplace Group adds two new Regus offices in Budapest

As demand for hybrid and platform working continues to accelerate

Trust and Stability – Philip Morris Hungary Ltd. renews lease agreement at Kálvin Square Office Building

Philip Morris Hungary Ltd. has renewed its lease agreement in Kálvin Square, one of downtown Budapest’s most prestigious office buildings, renowned for its outstanding features and multiple international certifications.

ZenGarden approaches full occupancy – new lease and renewal cover over 1,000 square metres

ZenGarden, the premium inner-Buda office building managed by ConvergenCE, continues to strengthen its market position.

Cushman & Wakefield Champions Inclusive Workplaces with New ‘Dignified Access’ Report

Cushman & Wakefield has reaffirmed its commitment to building a more inclusive and accessible future with the release of Dignified Access Hungary: Building an Inclusive Workplace – Our Commitment to Inclusion Impact.

Interviews

The New Role of the Office: Community, Identity, and Flexibility – Anita Hancz MRICS on the Challenges of the Hybrid Era

Anita Hancz, WING Zrt.’s Sales Director responsible for offices, the changes in the office market in recent years, such as the COVID-19 pandemic, the spread of hybrid working schemes and economic uncertainties, have brought about a complete change in the way tenants make decisions.

Avison Young and Green Court Office

In 2023, one of Budapest's most modern office buildings, Green Court Office, was acquired by a new investor on the market, Affinités Pierre (Groupama Gan REIM).

Transactions

Date Business Center Tenant m2 Lessor
2025 Q2 ZenGarden irodaház Carussel Group 438 Property Solution Group
2025 Q2 Kálvin Square Philip Morris Magyarország Kft. 1500 ConvergenCE
2025 Q2 Residence I FLE GmbH 1100 Office Service

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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