How is the commercial real estate market evolving, and what direction are real estate developments taking? – Portfolio interview with Edina Lupsa

In an interview with Portfolio.hu, Edina Lupsa, Director of Real Estate Management Business Unit at KÉSZ Group, discusses the most important trends affecting the commercial real estate market, sustainable development considerations, and KÉSZ Group’s regional presence.

The office market has undergone significant transformation in recent years: tenants are now increasingly seeking modern, energy-efficient offices that support hybrid work. In an interview with Portfolio.hu, Edina Lupsa, Director of Real Estate Management Business Unit at KÉSZ Group, discusses current market trends, the success of the TILIA project, the approach to sustainable development, and the group’s regional presence.

One key topic of the interview is the increasingly pronounced difference in the office market between modern “Class A” buildings and older office buildings. Today, companies are no longer just looking for office space, but for a work environment that supports collaboration, is flexibly configurable, and offers sustainable solutions in the long term.

The TILIA office building in Szeged also plays a prominent role in the discussion, as it was the first project outside Budapest to win the Office Building of the Year award. What makes this development unique is that it combines the revitalization of a historic building with modern office development solutions, while also meeting the latest ESG and energy efficiency standards.

The interview also touches on KÉSZ Group’s international presence and how its vertically integrated operations—from design and manufacturing all the way through to construction and operation-provide a competitive advantage.

Read the full interview at the link below:
From the Office Building of the Year to residential development in Bucharest—what does KÉSZ Group expect from the real estate market?