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Articles

Technology can revitalize aging office buildings in maturing CEE-12 markets, extending offices’ lifespans and reduce the necessity for extensive renovations

12/1/23

Smart usage of technology in office buildings, accompanied by market indicators such as modern office supply per capita and low vacancy rates, continue to impact positively on the current condition of the office sector in Central and Eastern Europe

From serviced office to traditional lease - Flexion chose ZenGarden

11/29/23

The success story of Flexion Mobile Plc's Hungarian Branch has been unfolding since its founding on December 1, 2015. The company's growth has now reached another milestone: they have chosen traditional long-term office leasing over their previous serviced office rental and are moving to ZenGarden.

IWG expands its footprint in Hungary with two new locations, as demand for hybrid working rises

11/28/23

Internatonal Worplace Group (IWG) expands its footprint in Budapest and Debrecen, Hungary with the additon of two new workspaces planned for 2024.

In the next two years, the capital cities of Central European countries (Prague, Bratislava, Budapest, and Bucharest) could encounter an office shortage due to delayed construction caused by uncertain economic outlook combined with high costs and slowing

11/15/23

By the close of Q3 2023, the total area of modern offices in Budapest increased to 4.344 million sqm. From the beginning of 2023, 77,500 sqm of office space was completed, and by year-end an additional 43,670 sqm is expected to be delivered.

Fast Negotiation and Transaction - An Entire floor of Office Area Rented at ZenGarden

11/13/23

ZenGarden, the fully developed office complex, has recently seen the signing of another long-term lease agreement

Nearly a Quarter Century at ACADEMIA, Kinstellar Extends

11/10/23

On September 28, the renovated ACADEMIA office building officially opened its doors.

Mr. Craig Smith: the property market has always been volatile, nothing to worry about

10/24/23

The 5th CRE Awards gala took place on 19th October at the InterContinental Hotel, where Mr. Craig Smith, founder of EuropaProperty.com, which created the awards, answered our questions.

The office market remains price sensitive

10/20/23

NEWMARK VLK HUNGARY’S Managing Partner says demand for experienced advisors providing high added value is ever growing, as the alternative – rectifying a poor lease contract after it is signed – is difficult and expensive.

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