News Article Budapest HB Reavis Hungary office
by Property Forum | Office

MBH Bank, a newly established Hungarian player in the local financial market, will launch a huge development project aiming to build its new headquarters in the most important office destination. The handover of the first phase is scheduled for Q1 2026.

According to the preliminary statement, the complex, tailored to the special needs of the bank, will consist of several towers on a 13,000 sqm plot within the existing AGORA office park, which is at the heart of the Váci Road office corridor.

The owner of the plot was HB Reavis, a Pan-European developer also known as the developer of the AGORA itself. MBH Bank has bought the plot from the developer who already started some preparatory work there. The location is popular amongst several other leading banks, such as Raiffeisen, Erste and OTP Bank, all have established a separate HQ in this part of the Hungarian capital. 

MBH Domo, a subsidiary of MBH Bank is the official owner and developer of the project. The company wants to get all major green certifications for the project including BREEAM, LEED and WELL.