HB Reavis

What HB Reavis does

HB Reavis is a privately held international workspace provider and commercial real estate developer operating across six European markets: Slovakia, Poland, the United Kingdom, Germany, Hungary, and the Czech Republic. Founded in 1993 (per firmographics; the company history timeline references 1994), it is incorporated as HB Reavis Group B.V. in the Netherlands and headquartered in Bratislava, with a secondary office in London, employing 501-1,000 staff. The company develops, leases, and operates premium-grade office and mixed-use assets — including Varso Place and the Forest office campus in Warsaw, Space House and the recently divested Worship Square in London, DSTRCT.Berlin and PLTFRM.Berlin, Agora Budapest, Nivy Mall in Bratislava, and a newly approved 233-room purpose-built student accommodation scheme at 10 Leake Street, London. Its technology stack centres on sustainable construction: SBTi-validated decarbonisation targets (42% Scope 1&2 and 25% Scope 3 reductions by 2030), RICS whole-life carbon assessments with internal carbon pricing, BREEAM and WELL-certified buildings, an AI-optimised concrete partnership with Alcemy, and an in-house building-management and sustainability platform called Symbiosy.

The company's product surface spans four service brands: Qubes (fully serviced short-term flexible offices), HubHub (coworking), More (asset and facility management delivered to both clients and occupiers), and the underlying Symbiosy platform for building operations. Beyond owned-asset leasing, HB Reavis runs a third-party asset management business, most recently appointed by QuadReal to deliver leasing and facility management for Space House London. Tenants cited on its website include Allianz, Aviva, Provident Financial, Deutsche Telekom, Merck, GE, Box, and Diebold Nixdorf, spanning financial services, insurance, telecommunications, life sciences, and technology. Operational recognition includes Leesman's "world's best workplace experience portfolio" (2025), Brand Finance's #2 office developer brand in Europe (2022), and SBTi validation (2023).

HB Reavis generates revenue through a mix of long-term commercial real estate leases (recurring rent from owned Grade A assets), subscription-based serviced offices (Qubes) and coworking memberships (HubHub), professional asset and facility management fees (More, including third-party mandates such as Space House), and periodic corporate bond issuances — most recently a CZK 422 million five-year second tranche in the Czech Republic (December 2025). Customer acquisition is executed via a direct enterprise field-sales motion targeting corporate tenants and property owners, augmented by brand-led content marketing, ESG-focused events (e.g., Property Week ESG Edge), and the tenant community programme Culture Works.

Name

HB Reavis

Legal name

HB Reavis

Website

https://hbreavis.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

501–1,000 employees

Short description

HB Reavis is a privately held international workspace provider developing, leasing, and managing premium sustainable office and mixed-use assets across six European markets, serving enterprise tenants via owned Grade A buildings, serviced offices (Qubes), coworking (HubHub), and third-party asset management (More).

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Facilities Support Services (561210), Services to Buildings and Dwellings (5617)

SIC

Operators Of Nonresidential Buildings (6512), General Bldg Contractors - Nonresidential Bldgs (1540), Real Estate (6500)

akta.pro primary industry

Flex / R&D Industrial Space Brokerage (BPAJACAC)

akta.pro secondary industry

Building Automation & Controls (BAS/BMS) (HSAPAPAA)

Keywords

• Commercial real estate development
• Office leasing
• Corporate asset management
• Flexible workspace solutions
• Sustainable office buildings

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Commercial Real Estate Development & Leasing: Development and leasing of premium office spaces across European markets including Warsaw, London, Berlin, and Budapest. Revenue generated through long-term office leases to corporate tenants.
2. Asset Management Services: Asset management delivered to clients covering property and facility management, tailored B2B and B2C options. Company was appointed by QuadReal to deliver leasing and asset management services for Space House London.
3. Qubes (Serviced Offices): Fully serviced office with short-term flexible leases that adapt to company needs over time.
4. HubHub (Co-working): Flexible workspace offerings for like-minded talent and companies, creating opportunities for collaboration.
5. Bond Issuances: Corporate bond issuances including CZK 422 million second tranche of 5-year bonds in Czech Republic (December 2025).

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

HB Reavis is an international workspace provider that develops, owns, and operates premium office buildings and mixed-use developments across European markets (UK, Poland, Slovakia, Germany, Hungary, Czech Republic). The company delivers corporate real estate through three service brands: Qubes (serviced offices), HubHub (coworking), and More (corporate real estate and asset management services), alongside developing flagship office projects such as Varso Place, Forest, Worship Square, Space House, DSTRCT.Berlin, and PLTFRM.Berlin.

Product overview

HB Reavis is an international workspace provider operating across Europe with a portfolio of office and retail developments. The company offers three main service platforms: More (asset and facility management), Qubes (flexible serviced offices with short-term leases), and HubHub (coworking spaces). Their real estate portfolio includes flagship projects like Warsaw's Forest office campus and multi-award-winning Varso Place, London's sold but formerly owned Worship Square, Berlin's DSTRCT and PLTFRM developments, and Bratislava's Nivy Mall. Recent strategic diversification includes entry into purpose-built student accommodation (PBSA) with the 10 Leake Street London project. The company operates in Poland, Slovakia, Hungary, Germany, UK, and Czech Republic markets.

Differentiator

Problem solved

Functional benefit

Brands

• Qubes: Fully serviced office with short term lease that flexes to company needs changing over time.
• HubHub
• More
• Symbiosy

Products and services

• More (Corporate Real Estate & Asset Management)
• Qubes (Serviced Offices)
• HubHub (Coworking)
• Symbiosy (Building Management Platform)
• Forest (Warsaw Office Campus)
• Varso Place (Warsaw)
• Worship Square (London)
• Space House (London)
• DSTRCT.Berlin
• PLTFRM.Berlin
• Nivy Mall (Bratislava)

Quantifiable outcome

• 42% reduction in Scope 1 & 2 emissions by 2030; 25% reduction in Scope 3 emissions by 2030; 90% total footprint reduction by 2050 (from 2021 baseline)
• +2 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered supporting and core.

• CMS (Law Firm)supportingImplementation/ SI/ Consulting Partner · 17 June 2026CMS law firm advised the consortium of four banks on extending the EUR 200 million financing facility for Forest office campus.
• QuadRealcoreStrategic or Co-development Partner · 31 December 2025HB Reavis appointed by QuadReal to deliver leasing and asset management services for Space House London.
• HinescoreStrategic or Co-development Partner · 24 November 2025Hines, a leading global real estate investment manager, acquired Worship Square, a landmark Grade A office building in London from HB Reavis.
• AlcemysupportingTechnology or Integration · 19 July 2023AI technology partnership for sustainable concrete and cement production. HB Reavis Germany signed cooperation agreement to examine suitability of AI-optimised processes in construction projects.
• Sustainable Concrete Leaders NetworksupportingStrategic or Co-development Partner · 19 July 2023Network of innovative sustainability-oriented developers including Bonava, Covivio, Edge, and MOMENI focused on making resource-saving and climate-efficient concrete a focus for the industry.
• Science Based Targets initiative (SBTi)coreStrategic or Co-development PartnerSBTi is a collaboration between CDP, UN Global Compact, WRI, and WWF that validates company decarbonisation targets as consistent with Paris Agreement and climate science.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Skanska: Swedish-headquartered developer with a large commercial property development arm across Europe and the US. Directly comparable to HB Reavis as a sustainability-focused office developer targeting similar enterprise tenants in major European CBDs.
• Globalworth: CEE-focused office landlord with significant portfolios in Poland, Romania, and Hungary. Closely comparable to HB Reavis as a specialist Grade A office owner/developer in overlapping CEE geographies.
• GTC (Globe Trade Centre): CEE-focused commercial real estate developer and investor with major office assets in Warsaw, Budapest, Belgrade, and Bucharest. One of the closest direct competitors to HB Reavis in CEE office markets.
• Echo Investment: Polish commercial and residential real estate developer with a strong office portfolio in Warsaw and other Polish cities. Directly comparable on Polish office product and ESG-certified development strategy.
• IMMOFINANZ: Austrian-listed real estate company with a significant office portfolio across CEE capitals including Budapest and Warsaw. Comparable to HB Reavis on product mix (Grade A office), geography, and tenant base.
• CA Immo: Vienna-based commercial real estate company focused on prime office properties in Central and Eastern Europe (CEE). Overlaps heavily with HB Reavis on geography (Warsaw, Budapest, Bucharest) and product (Grade A office), making it the most direct regional peer.
• CPI Property Group: One of the largest CEE real estate groups, with significant office exposure in Prague, Warsaw, Budapest, and Berlin alongside hospitality and residential. Competes with HB Reavis across multiple Central European office markets.
• Skanska Commercial Development Europe: The Central European commercial property arm of Skanska, developing green-certified office assets in Warsaw, Prague, Budapest, and Bucharest. Highly comparable to HB Reavis's Varso and Forest pipeline on product and ESG credentials.

Broad incumbents

• Unibail-Rodamco-Westfield: One of Europe's largest commercial real estate companies with large flagship office and retail assets in major European capitals. Comparable to HB Reavis on premium office development scale and sustainability positioning, though broader in scope including retail.
• HB Reavis itself competes with large diversified real estate platforms like Tishman Speyer and Brookfield Properties: Global, well-capitalised commercial real estate owners/developers with London and major European office portfolios (e.g., Tishman Speyer's London City Point, Brookfield's Broadgate). Operate at a different scale but compete for the same institutional tenants and prime London/CEE sites.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/marketinghbreavis
• Facebookfacebook.com/hbreavis
• LinkedInlinkedin.com/company/hb-reavis
• Instagraminstagram.com/hbreavis
• Pinterestpinterest.com/hb_reavis

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HB Reavis