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Office Market News

Olympia: A New Era in Budapest's Office Landscape

Olympia, formerly known as Aréna Business Campus, has adopted a fresh identity and innovative approach, positioning itself as one of Budapest's most modern office campuses

Continued growth of hybrid working prompts major technology investment from businesses as International Workplace Group announces latest CEO Study

Business spending on technology is booming as CEOs invest to make the most of hybrid working, according to new C-suite research released today.

ZenGarden’s occupancy rate exceeds 95%

ZenGarden office building in Buda is close to full occupancy as of mid-September, driven by a mix of new leases and renewals

SAP extends its lease agreement in Graphisoft Park

SAP Hungary has recently renewed its office lease agreement for over 18,000 square meters at Graphisoft Park

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 Lessor
2024 Q4 Christie's (volt K32 , Irene) CENTREPOINT CONSULTING Zrt. 150 AN Limited
2024 Q4 BudaPart Gate IFUA 1340 Property Support
2024 Q3 Margit Palace Electron Holding Zrt. 1960 Property Solution Group

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

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