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Office News: Tenants are Increasingly Occupying Spaces

Dec 5th, 2019
The number of vacant offices in the Budapest rental market is minimal. In the third quarter, the vacancy rate did not exceed 5.9 percent, according to the Budapest Real Estate Consultants' Consultation Forum (BIEF). Contrary to last year's and first quarter of this year's trend, in the third...


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Etele Pláza új budapesti bevásárlóközpont és irodaház

Etele Plaza in Budapest, Hungary in Progress

Jun 21st, 2018
At the meeting point of the Kelenföld railway station, metro line 4 and the M1-M7 motorway, the new shopping center will be the largest mall in Buda and fourth shopping mall in Budapest. The approximately 54,000 square meters of the rentable area of the Etele Plaza, developed by the Futureal Group, is expected to attract around 40,000 buyers per day. Due to the good location of the mall, developers are optimistic about the investment. 165 thousand passengers use daily the Kelenföld railway...

Skypark Office Building in Budapest Won a Prestigious Prize

Jun 6th, 2018
In the FIABCI World Prix d'Excellence competition, the Skypark office building in Budapest was ranked second in the office-building category. The plans of the office building were made based on Gábor Zoboki's work and were actually made as one of the jewels of Budapest's office buildings last year. The FIABCI Prix d'Excellence recognizes the project that best embodies excellence in all the real estate disciplines involved in its creation. FIABCI is an international real estate association that...
Getting harder to find an empty office in Budapest

More Difficult to Find Available Office Space in Budapest

May 18th, 2018
Although in the first quarter of 2018, the Budapest office market was expanded with two new A-class office buildings, as Markó Irodák 9 and Váci Greens office complexes were completed; yet hardly find an empty office in Budapest. According to a survey conducted by the Budapest Research Forum (BRF), 7.3 percent of Budapest's or agglomeration office bills are empty, which is very low on the office market. The vacancy rate declined further in the first quarter than in the previous year, and it...
office space interior

Rent or Buy an Office: Let Us Guide You

May 18th, 2018
In the current property market in Budapest, both office rental and office purchase are a big investment for a company. According to experts, the trend of current price increases will continue this year, so it is worth taking into account the best option for any company. There are obviously many factors influencing the decision, whether it is about the company's profile, its size, its economic and financial situation, but there are irrefutable arguments for both office rental and office purchase...
What type of office should you choose for your company?

What type of office should you choose for your company?

Apr 5th, 2018
In the following article, we compare the possibilities of renting either a serviced office, or a home office or an office building, and we give 3-3 reasons for choosing one or the other. Of course, every business has unique needs, so for sure everybody can find their calculations. Serviced Office This solution, also called as instant office, means a professionally furnished and equipped office that is available for immediate rental. With this, companies can save time, money and work. The...
Picture: Advance Tower on Váci Corridor

Pioneer Solutions at Futureal's Office Buildings

Feb 12th, 2018
Futureal presented the future office buildings at a grand event. In the revolutionary new approaches of the 21st century, a healthy work environment, employee welfare and the WELL system play an important role. This was presented through the three projects currently running by the company. The almost-finished top of Advance Tower stylishly hosted the event. The other two major developments of the company are the Corvin 5 building and the Budapest One office park. "The Futureal Group is...
Budapest top 5 location

Downtown office buildings - Best locations in Budapest

Jan 30th, 2018
One of the most important parameters of the office market is good location. It is important for companies to be easily accessible by public transport; even better if service centers, restaurants, cafes are nearby; the place is a precious area; and have a favorable working environment. Of course, price and quality are top priorities as well, but good location takes it all. There are excellent offices in almost every district in Budapest, but you can find some outstanding areas among them that we...
New office on the bank of Danube

New office on the bank of Danube

Jan 10th, 2018
Millennium Gardens is the name of a new office building alongside the Palace of Arts and the National Theater on the Pest side of the Danube. This will be the last office element of Budapest's new commercial and cultural center. The development is expected to be completed by 2019. The developer TriGranit, putting great emphasis on green aspects, creates a roof garden and a terrace on the top of the building. There will also be a garden and a water pool on the ground floor of the building. The...
Bartók Courtyard Office Complex Buda

New office in South Buda

Oct 17th, 2017
A new office complex is being built on Bartók Béla Street: Bartók Udvar II. The owner Infogroup plans to finish the building complex in three phases -  the first phase will be ready by the end of 2018.  In the existing four buildings of the office park, a total of 10.5 thousand square meters of office space, 4,000 square meters of commercial and warehouse space await the tenants. Bartók Udvar II will be connected to this complex with its 24,000 square meters area. The new office building earned...
MOL's new skyscraper on Kopaszi dam

World famous company plans MOL's new skyscraper on Kopaszi dam

Oct 17th, 2017
London's "Gherkin", Millennium Footbridge, Reichstag Rebuilt, MOL Headquarters in Budapest ... May the line be continued like this, if the new building complex designed for MOL Group will be built in Budapest, at Kopaszi dam. The world famous architectural office Foster & Partners, which is also known for the aforementioned famous buildings, plans the project. If the breathtaking scenarios planned by Foster & Partners are realized, the monumental building complex can be a new iconic...


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