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Office Market News

Parkside Residence: The park side of life

12/23/24

The newly-built residential market in Budapest has seen remarkable progress over the past few years, experiencing perhaps the most significant qualitative progress in energy efficiency and sustainability while also the quality of construction and the materials used improved as well.

DRFG strengthens its portfolio with an acquisition in Warsaw: it has purchased the Signum Work Station office building

12/18/24

The DRFG Investment Group, with the strategic support of TriGranit, has successfully closed a major commercial real estate transaction in Poland before the end of the year.

Kálvin Square: One of Budapest's most iconic office buildings reaches near 100% occupancy

12/17/24

The A-category Kálvin Square office building, managed by ConvergenCE and boasting exceptional panoramic views, has reached another milestone this year.

Business leaders say the nature of business travel has changed forever due to technology according to International Workplace Group’s Hybrid Horizons Report

12/11/24

The latest business leader research from International Workplace Group, the world’s largest provider of flexible workspace with brands including Regus and Spaces, underlines the changing nature and frequency of business travel.

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 House of Business BEM Center Invescom Corporate Finance n/a Office Service
2024 Q4 Nordic Light Mercedes 1116 Cushman & Wakefield Kft.
2024 Q4 P59 Office Park Czeizel Intézet n/a GTC Magyarország Zrt.

More Transactions »

Best of 2024

  • Largest Rental:

    Corvin 4. (Corvin Skypark) - Colliers Magyarország Kft., with 11800m2 rented space

  • Most Active Office Building:

    White House, 2 rentals, with 12115m2 rented space

  • Most Active Lessor:

    Cushman & Wakefield Kft., 10 transactions, transactions total space: 15746 m2

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