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Articles - irodaház

Companies have to rethink their office needs

Mr. Hubert Abt, CEO & Founder of New Work says that COVID-19 transformed business models overnight. With 90% of the employees working from home, companies have been forced to rapidly change their organizational structures and workflow models. We have also discussed about a possible new market boom of the serviced office, coming recession and why “service” is replacing “office space” at the top of the wish list.

ConvergenCE moves to Árpád Center office building

One of Budapest's most successful boutique real estate investors, ConvergenCE, has moved its headquarters into the Árpád Center.

ConvergenCE appointed to Lease Agora Offices

Agora Tower, one of the newest and most spectacular office buildings on Váci Road, opened its doors in June. ConvergenCE has been appointed the exclusive contract to support the owners, HB Reavis to lease the iconic building.

myhive: flexibility is the key in the office market

Viktor Nagy, Country Operations Manager of IMMOFINANZ Hungary said that by reacting immediately to the changing real estate market situation, they gained a significant market advantage. Their tenants appreciate the flexibility of the myhive concept, so a real win-win situation has emerged.

Daikin Opens New Showroom in Promenade Gardens

Daikin Hungary set up its state-of-the-art showroom on a 309 sqm ground floor retail area in Tower ‘B’ of Promenade Gardens office building.

GalCap: Real Estate Acquisition in Budapest for German Pension Fund

GalCap Europe, the real estate asset and investment manager specializing in Austria and Central Europe, has acquired another asset in Budapest for a German pension fund’s portfolio: the Rumbach Center.

ATENOR has launched its latest development, the BakerStreet project in South Buda

ATENOR acquired in July 2019 a land of 5.711 m² located at number 18 Hengermalom Road in district XI of Budapest in order to develop a new “A +” category green office project of nearly 18,000 m2.

Allianz closes on the Eiffel Square office building in Budapest in a deal structured off-market by JLL

The transaction, one of the largest office deal investments in CEE this year was signed in May and closed in early June. Even if several investment transactions were derailed by the Q2 lock-down in Hungary, the transaction progressed in line with the original time frame.