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This Year the First Stage of Budapest ONE can be Completed

Jul 12th, 2019
The implementation of the iconic structure of the western gate of Budapest, Budapest ONE is underway. Those arriving by train or car to Budapest see at its entrance this flower-shaped building, designed to give a good first impression of the capital. The railway, the M4 subway, the junction of the...
budapest one office

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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...

Sustainability: Surprise from the Developers of Gigantic Agora Office Complex

Sep 15th, 2017
Agora Budapest project is in the making since this spring. The first phase of the office complex built at the Pest side of the Árpád Bridge is planned to be finished by 2019, and the completion of the entire project is expected to take place in 2023. However, there was no need to wait so long for the area around the construction to be built up: until the first stage is fulfilled, a huge public park will make the construction process more pleasant for the passers-by. The contractor HB Reavis is...
Optimistic Mood in the Hungarian Commercial Real Estate Market

Optimistic Mood in the Hungarian Commercial Real Estate Market

Aug 31st, 2017
Hungary emerged as an extremely optimistic country in the region based on the latest results of the retail market mood index.  The research of The Royal Institution of Chartered Surveyors (RICS) compares the mood of commercial real estate market in various countries, taking into account both the lending and investment sides, and ranks the market atmosphere of the countries based on the results achieved by a cumulative index. Based on the latest results, the most confident atmosphere reigns in...
Ideal Offices – Where Working is a Pleasure

Ideal Offices – Where Working is a Pleasure - Part One - Standing Desks

Apr 25th, 2017
Average office life has dramatically changed in the past 20 years. Offices with rooms for a few people and with spacious rooms for the leading staff have been exchanged for working spaces with capacity of even 60-70 people in a single room. Today there are several types of offices available for office rent in Hungary too. Moreover, there are not only the traditional sitting workstations but offices with both sitting and standing desks can be bought or hired. In this mini-series takes a look at...
Creative Coworking Offices

Ideal Offices – Where Working is a Pleasure - Part Two - Creative Coworking Offices

Apr 25th, 2017
Today there are several types of offices available for office rent in Hungary . Moreover, there are not only the traditional workstations. This mini-series takes a look at different types of offices. The first part deals with the so called coworking offices. Coworking offices involve shared working environment in up-to-date office buildings. It is an attractive solution for work-at-home professionals, independent contractors or smaller businesses and start-ups. Coworking office is also the...
Town-sized Office Complex Has Started on Váci Office Corridor

Town-sized Office Complex Has Started on Váci Office Corridor

Mar 31st, 2017
International property developer HB Reavis has gained planning consent for its next new major development Agora Budapest, situated on Váci road office corridor, which is considered to be the heart of the Hungarian office market. The development called Agora Budapest will offer 136,000 sqm well-designed office space for 12,000 professionals.  Investment enough to build an underground line The expected value of the whole projects is HUF 140 billion - reports Portfolio, a Hungarian economic news...
Hungarian Office Market: 'Best Potential for Growth in CEE’

Hungarian Office Market: 'Best Potential for Growth in CEE’

Mar 27th, 2017
Optimistic expectations about the prospects for Hungarian property market is confirmed by the fundamentals, office market experts concluded at PropertyEU's CEE Investment Briefing in Budapest. Here is a summary from the briefing. ‘Hungary has now become a core market and has the biggest potential for growth in the region,’ stated Vlaho Kojakovic, senior banker (European Bank for Reconstruction and Development, EBRD) in London. ‘The market is awash with liquidity.’ A liquid market is favoured by...
BlackRock - The World's Largest Asset Manager To Open New Office in Budapest

BlackRock - The World's Largest Asset Manager To Open New Office in Budapest

Mar 1st, 2017
In a joint press conference with Hungarian Foreign Minister Péter Szijjártó and BlackRock - BlackRock, the world's largest asset manager - managing director Patrick Olson, the global investment management company announced setting up an “innovation centre”, a new office centre in Budapest. What is BlackRock? BlackRock was founded in 1988 by eight entrepreneurs who wanted to start a very different company: one that combined the best of financial services with cutting edge technology. One that...

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