News Article Budapest CBRE development green Hungary office
by Ákos Budai | Office

Today one quarter of modern office buildings in Budapest have a sustainability evaluation certification, and even among the older office buildings a growing number apply new technologies. Almost all new real estate entrants offer architectural and environmental management solutions to their future tenant, says a report by CBRE.

The Hungarian real estate industry is also becoming more committed to sustainability: today every fourth office building has a BREEAM or LEED certification, which in the case of Budapest means that now 56 buildings with about 830 thousand square meters of office area provide a sustainable working environment for their employees and their environment as well. The vast majority of newly built or under construction office buildings is green certified: in the case of areas pre-leased before construction the share of green-rated sites in Budapest is 91 percent. 

According to CBRE's own internal standards, it is preferred to operate its offices only in green-certified office buildings all around the world. The Budapest office operates in a building with LEED New certificate – Eiffel Palace.