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Office Market News

GTC Hungary: only clean energy from 2023

Beginning in 2023, GTC Hungary will use 100 percent green electricity in all its commercial properties as an important step in its energy management and sustainability strategy.

Well known tech company at Kálvin Square Office Building

A rapidly growing SaaS company is moving into the Kálvin Square Office Building, which was recognised with a BREEAM Excellent rating in September. Headquartered in Singapore, Trax has established branches in many parts of the world, with offices in Denver Colorado, Paris, Tel Aviv, and Budapest.

The Budapest Research Forum hereby reports its Q4 2022 office market summary

The Budapest Research Forum (hereinafter the ‘BRF’, which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) hereby reports its Q4 2022 office market summary.

The completely renewed CityLab awaits its tenants at low running costs - The first tenant has already moved into the downtown office building

CityLab was reborn in the heart of Budapest – as a reinvention of a 90s office building. Completely renovated, equipped with solar panels and smart devices, it is a competitive "A" class office building, offering office space on 5 floors with high technical and interior design standards.

VEEVA Systems relocates Budapest office to Roseville Developed by ATENOR

Veeva Systems Hungary, the Hungarian unit of Veeva Systems Inc. has decided to relocate its Budapest site to RoseVille, developed by ATENOR Hungary. The new office will be handed over in 2023 on the top floor of the brand new office building.

New myoffice tenants at myhive Haller Gardens

Two new tenants and one existing client have signed new leases for nearly 2,500 sqm in the recently modernized myhive Haller Gardens office building. The new tenants have also chosen the myhive brand myoffice solution.

Office investment dominated the first half of 2022, as the most traded asset type in the CEE-15 countries

The investment volume for office assets accounted for EUR 2.5 billion which was 42% of the total investment volume in H1 2022 in the CEE-15 region

European real estate markets stand firm through Q3 economic headwinds, brace for tougher Q4

Waves of uncertainty emanating from Europe’s macro-economic and geopolitical turbulence are beginning to ripple through commercial real estate (CRE) markets