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Office Market News
Budapest's Largest Urban Development Has Begun
Feb 15th, 2017
Danish designer Adept Architects has produced a masterplan for the largest urban development in Budapest for 30 years. In total, it incorporates a large ratio of green space with equal proportions of residential and office space as well as offering A+ office buildings in the office market.
Budapest Office Market Heats Up With New Office Development
Feb 7th, 2017
The 37,000 sqm Millennium Gardens office complex is currently under construction in Budapest and is expected to be completed by 2019. TriGranit appointed the Hungarian office of CBRE with the exclusive leasing of its latest development in the Budapest office market.
Innovative Young Professionals Dreamed Creative Start-up Working Spaces for the Mille...
Jan 5th, 2017
The Roundtable Association for Real Estate Developers (IFK) opened a tender entitled ”RESTART and START UP” – Millennial and generation Z offices in the Rust Belt of the Southern Railway Station – Rehabilitation near the Southern Railway Station. The tender – well known among property market professionals, developers and designers - was opened on the occasion of the 4th Day of Real Estate Development. Applicants had to dream an innovative office complex suitable for start-ups on a site in Budapest waiting to be recycled and renovated.
Hungarian Office Market Continues to Look Good
Oct 20th, 2016
After last year’s record take-up on the Hungarian office market, with several large pre-lease transactions and a reduction in new supply, a robust occupier market has continued this year, motivating developers to break ground on new projects to be completed in two years, Cushman & Wakefield said in a report published last week.
Here is the Q2 2016 Budapest Office Market Analysis
Aug 5th, 2016
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) reports its Q2 2016 office property market snapshot.
György Wáberer is set to build an office complex in District XII
Jul 15th, 2016
As reported by Hungarian newspaper Magyar Nemzet, György Wéberer, who has just quit the transportation business, is set to build an office building of nearly 20 000 m2 in district number 12 of Budapest.
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