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Office Market News

IWG reports strong Q1 2024 with continuing margin growht and network expansion

IWG plc, the world’s largest hybrid workspace platform with a network in over 120 countries through flexible workspace brands such as Regus and Spaces issues its first quarter trading statement for the three months ended 31 March 2024.

The ist building of Bakerstreet, being the headquarter of E.ON received occupancy permit

ATENOR is pleased to announce that the first phase of its BakerStreet project in Budapest has successfully obtained its occupancy permit.

IWG adds new Regus location in Budapest, as demand for hybrid working rises

IWG, the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, is opening a state-of-the-art flexible workspace in Budapest

Two global giants extend lease contracts in CityZen

Since 2016, the Hungarian branch of Tech Mahindra has been utilizing the exceptional location and services of CityZen office building

Interviews

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 Agency
2024 Q2 Bank Center FaceKom 1388 Property Solution Group
2024 Q2 Pódium irodaház Duna Transznacionális Program 354 Property Solution Group
2024 Q2 Liberty Office Building Flowserve Hungary Services 2550 WING Zrt

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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