What LOFFICE Budapest does

LOFFICE Budapest operates a portfolio of design-forward flexible workspace solutions across Budapest's 6th and 8th districts and Vienna's 6th district, comprising four active locations: the Paulay Ede (~1,000 m², original 2009 flagship), Salétrom utca (~2,500 m², 8-storey award-winning building with 250 workstations, opening 2020), Déri Miksa (ground-floor coworking with 23 workstations and 85 m² event space, opened 2022), and Schottenfeldgasse in Vienna (opened 2011). Founded in 2009 by sisters Kata and Panni Klementz as Hungary's first coworking operator, the company targets freelancers, startups, and large enterprises through five product lines: subscription coworking memberships (LoFIX 24/7, LoFLEX 5/10/15/20), private office leases at ~13-14 EUR/m², hourly meeting and event venue rentals, a virtual office/seat-host service (350,000 HUF/year), and the Business Jump cross-border advisory product linking Hungary and Austria.

The technology stack is built on the third-party Nexudus Spaces platform for self-serve booking and access management, supplemented by a proprietary tenant mobile application for reservations, mail handling, and community communication, and an intelligent building management system at Salétrom. Operations are not AI-driven; technology investment is focused on tenant experience and energy efficiency rather than machine learning. Multi-channel distribution combines self-serve online booking, direct enterprise field sales (responsible for landing Wolt, Nanushka, Mastercard, KPMG, and other named tenants), community-led referrals, and a content/podcast engine (LOFFICE Talks, Artmagazin partnership).

Revenue mechanics blend recurring monthly/annual subscriptions (memberships, office leases, virtual office) with usage-based streams (meeting rooms, event space) and low-volume professional services (Business Jump). Pricing in HUF has been raised materially in 2023 across coworking, meeting, and event products, and the 2025 conversion of Salétrom into Wolt's full headquarters materially shifts the revenue mix toward long-term enterprise leasing. The founder-owned structure (Loffice Kft. plus related P-55 Ingatlankezelő Kft. and Taste Loffice Kft., with the Coworkid Alapítvány as social arm) and small core team (1-10) emphasize cultural and design coherence over scale.

Name

LOFFICE Budapest

Legal name

Loffice Kft.

Website

https://loffice.hu

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

LOFFICE Budapest is a founder-owned flexible workspace operator founded in 2009, running design-forward coworking, private offices, meeting and event venues, and virtual office services across three Budapest locations and one Vienna site, serving freelancers, startups, and enterprise tenants.

Ownership category

akta.pro rank

Product category

Flexible Workspace Services

NAICS

Facilities Support Services (56121), Facilities Support Services (561210), Services to Buildings and Dwellings (5617)

SIC

Services-Facilities Support Management Services (8744), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)

akta.pro secondary industries

Mixed-Use Property Management (BPAJAGAE), Office Services & Supplies Management (Stationery, Inventory, Vendor Coordination) (IMAIALAH)

Keywords

• Coworking space
• Serviced offices
• Private office rental
• Meeting room rental
• Virtual office services

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Coworking Memberships: Monthly subscription packages (LoFIX 24/7, LoFLEX tiers) providing fixed or flexible access to coworking workstations, community spaces, and facilities. Ranges from daily passes to full 24/7 dedicated access.
2. Private Office Rental: Dedicated, scalable private offices in Budapest VI. and VIII. districts. Rented per square meter with minimum 1-year contracts. Includes Paulay (~14 EUR/m²) and Salétrom (~13 EUR/m²) locations.
3. Meeting Room & Event Venue Rental: Hourly rental of meeting rooms (Mini, Midi, Maxi sizes) and event spaces. Used by members and external clients. Event venue at Déri Miksa Street with 85 sqm capacity.
4. Virtual Office / Seat Host Service: Registered business address (cégszékhely) in central Budapest combined with mail handling, administrative support, and optional coworking membership.
5. Business Jump Service: Cross-border business support service for Hungarian companies expanding to Austria and vice versa. Includes law, tax, and business development expert sessions and networking.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels12 records

Core offering

LOFFICE Budapest operates a portfolio of flexible workspace solutions across Budapest's 6th and 8th districts plus Vienna, comprising three physical office buildings (Loffice Paulay, Salétrom, and Déri) that provide dedicated private offices, scalable coworking memberships (LoFIX 24/7, LoFLEX, day passes), hourly meeting room rentals, event venues, and a virtual office / seat host business address service. Supporting offerings include the Business Jump cross-border market-entry service for companies expanding between Hungary and Austria, and the Coworkid Foundation social initiative for working parents. Operations are managed through a proprietary tenant management platform and custom-built mobile application.

Product overview

LOFFICE Budapest operates a portfolio of design-oriented flexible workspace solutions across Budapest's 6th and 8th districts. The offering spans three physical office buildings (Loffice Paulay, Loffice Salétrom, and Loffice Déri) providing private rental offices, coworking memberships (LoFIX 24/7, LoFLEX packages, day passes), meeting room rentals, and event venues. Supporting services include virtual office/seat-host packages, the Business Jump cross-border expansion service, and the Coworkid Foundation social initiative. All spaces feature design-forward aesthetics with sustainability focus, and operations are managed through a proprietary tenant management platform.

Differentiator

Problem solved

Functional benefit

Brands

• Coworkid: Social business foundation supporting parents (mostly mothers) in returning to the labor market after maternity leave through workshops and career guidance.
• Business Jump

Products and services

• Loffice Paulay Private Office Rental Renovated industrial loft office building in Budapest's 6th district (Paulay Ede u. 55) offering approximately 150 m² per floor across about 1,000 m² total space for long-term private office rental. Starting net rent 14 EUR/m²/month with minimum 1-year contract; features include rooftop terraces, sunny courtyard, showers, bike storage, and proximity to Oktogon.
• Loffice Salétrom Private Office Rental Award-winning 8-storey office building at Salétrom utca 4 in Budapest's 8th district with approximately 2,500 m² total rentable area and capacity for around 250 workstations. Starting net rental price 13 EUR/m²/month with 1-year minimum contract. Features include underground garage, terraces, loggias, contemporary facade, inner garden, rooftop penthouse, and minimal ecological footprint. Designed for whole-floor and whole-building leasing.
• Loffice Déri Coworking Space Ground-floor coworking location at Déri Miksa utca 6 with 23 fixed and flexi workstations, 2 meeting rooms (4-12 seater), community kitchen with dining area, and an adjacent workshop/event space. Features direct street entrance and street-front shop windows.
• Coworking Memberships (LoFIX 24/7, LoFLEX, Day Pass) Tiered coworking membership packages ranging from daily pay-per-use tickets (8,500 HUF + VAT) to LoFLEX session-based plans (5 to 20 sessions/month at 25,000-57,000 HUF + VAT) to LoFIX 24/7 unlimited access (75,000 HUF + VAT/month). Provides access to shared workstations, community spaces, kitchen, and basic facilities with optional 24/7 upgrades and member discounts on meeting rooms.
• Meeting Room Rental Three meeting room sizes available for hourly rental: Mini (5,500-7,500 HUF + VAT/hour), Midi (6,500-9,500 HUF + VAT/hour), and Maxi event space (29,000 HUF + VAT/hour). 10% discount available for members, 8th district for-profits, and non-profits. Rooms are equipped with Wi-Fi, projectors/TVs, and sound systems for meetings, workshops, and corporate events.
• Event Space Rental (Déri Miksa) Event venue at Déri Miksa street with 85 sqm capacity for 50-60 people, street-front access, projection/TV, sound system, and Wi-Fi. Used by both members and external clients for corporate events, workshops, and community gatherings. Discounts available for members, 8th district for-profits, and non-profits.
• Virtual Office / Seat Host Service Registered business address service (Hungarian seat host / székhelyszolgáltatás) in central Budapest providing a downtown business address with mail handling, digitalization, and administrative support. Priced at 350,000 HUF + VAT per year with optional mail digitalization (100,000 HUF + VAT/year). Combinable with coworking membership or private office rental.
• Business Jump Cross-Border Service Cross-border business support service helping companies expand between Budapest and Vienna markets. Includes law, tax, and business development expertise sessions, expert speed-dating events with invited professionals from agencies such as the Austrian Business Agency and Vienna Business Agency, and introductions to local partners. Used by over 100 companies to date.

Quantifiable outcome

• Coworkid Foundation has helped numerous mothers return to the labor market after maternity leave through free workshops and career guidance
• +2 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered minor and core.

• Austrian Business AgencyminorGTM or Marketing Partner · 16 June 2021Mag. Birgit Reiter-Braunwieser (Director Central and Eastern Europe) presented funding opportunities and smart business attitudes in Austria at Business Jump Expert Date event.
• Vienna Business AgencyminorGTM or Marketing Partner · 16 June 2021Nicolai Rodimov (MSc Regional Manager) presented Austrian market opportunities at Business Jump Expert Date event supporting Hungarian companies' expansion to Austria.
• LBG Wien Steuerberatung GmbHminorGTM or Marketing Partner · 16 June 2021Mag. Alexander Komarek (LL.M., Partner and Managing Director) provided tax and audit expertise at Business Jump Expert Date for companies entering Austrian market.
• Oppenheim Legal (dr. Zoltán Baranyai)minorGTM or Marketing Partner · 16 June 2021Dr. Zoltán Baranyai, Attorney-at-law with 10+ years Austrian law experience, provided legal consultation sessions at Business Jump Expert Date for cross-border market entry.
• MastercardminorOthersMastercard is both a tenant at LOFFICE Paulay and a collaboration partner. They invited LOFFICE to participate in a Corvinus University CEMS program project examining the real estate market. Mastercard Advisors staff served as mentors for student case studies on LOFFICE's business model.
• WoltcoreOthersWolt is contracted as the future headquarters tenant for the entire Salétrom Street building (from 2024). This represents a major enterprise tenant relationship for LOFFICE's flagship office building.
• NanushkaminorOthersNanushka is a tenant at the Salétrom Street office building.
• MorselliminorOthersMorselli is a tenant at the Salétrom Street office building.
• Kristinus BorbirtokminorGTM or Marketing PartnerSummer popup coworking lounge partnership. Kristinus Wine Estate offers 20% discount on room bookings to LOFFICE members, with free access to coworking lounge. Mutual referral relationship benefiting both brands in hospitality and workspace sectors.
• Edisonplatform (by Bridge Budapest)minorStrategic or Co-development PartnerLOFFICE hosts a fundraising kiosk for Edison100 initiative by Bridge Budapest, which compiles lists of innovative organizations developing children's future skills. Supports next generation development through community fundraising.
• Bridge BudapestminorStrategic or Co-development PartnerOngoing partnership through Coworkid Foundation collaboration and Sustainable Business Culture initiative. Bridge Budapest's Initiative for Sustainable Business Culture awarded Coworkid with Good Examples certification. LOFFICE participates in Bridge Budapest's #vállalhatóvállalkozás (acceptable business) movement.
• ArtmagazinminorStrategic or Co-development PartnerMonthly Art Mystery collaboration — visual quiz games created by LOFFICE's resident graphic designer Willem Van de Ven, published with Artmagazin. Engages readers as art detectives to identify hidden artists. Drives brand visibility among creative audience.
• Heim Pál Hospital and Buda (Szent János) Children's HospitalminorOthersCharitable partnership for Christmas donation campaigns. LOFFICE and Coworkid Foundation organized monetary collections for hospital equipment (masks, gloves, sanitizers, curtains, heaters, breathing monitors) for children recovering in hospitals.

Scale indicators6 records

Recent moves11 records

Expansion highlights5 records

Broad incumbents

• WeWork: Global flexible-workspace incumbent with broad enterprise offerings; serves as the indirect competitor and category benchmark for premium coworking pricing in central European capitals.
• Mindspace: Premium boutique-flexible-workspace operator with multiple European cities (including Vienna), offering design-forward offices and coworking; overlaps with LOFFICE on design-led positioning and enterprise tenant appeal.
• Industrious: U.S.-headquartered premium flexible-workspace operator focused on enterprise clients and design-led interiors; relevant as a benchmark for the design-and-enterprise positioning LOFFICE pursues in Budapest.
• IWG / Regus: Global serviced-office and flexible-workspace giant operating under Regus, Spaces, HQ and Signature brands; competes with LOFFICE in Budapest/Vienna for coworking and private office tenants, but at much larger scale and broader positioning.

Direct peers

• Impact Hub Budapest: Budapest location of the global Impact Hub network, focused on social-impact and community-driven coworking; comparable to LOFFICE on mission-driven community building and Coworkid Foundation-style programming.
• Kaptár Coworking: Hungarian coworking and serviced-office operator founded in Budapest around the same period as LOFFICE, offering flexible memberships, private offices, and meeting rooms in the central districts — most directly comparable domestic competitor.

Regional players

• Régió Kft. (serviced offices): Hungarian serviced-office operator offering private offices and virtual-address services broadly competitive with LOFFICE's Seat Host and Salétrom/Paulay private-office offerings in the domestic market.
• Wedo Coworking: Hungarian-origin coworking/agency hybrid supporting freelancers and SMEs across Hungary; overlapping customer base (Hungarian solopreneurs and small companies) but lighter real-estate footprint than LOFFICE.

Others

• Café & Workspace Vienna (e.g., Stockwork, Spaces Vienna): Network of Vienna coworking and event venues relevant to LOFFICE's Vienna (Schottenfeldgasse) operations; useful peer for benchmarking utilization, pricing, and event-venue performance in Austria.

Emerging players

• Second Home: Boutique design-driven coworking and event-space operator across Europe (London, Lisbon, LA); parallels LOFFICE's award-winning loft aesthetic and art/community programming emphasis.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xfacebook.com/lofficebudapest
• YouTubeyoutube.com/channel/UCdtVewylpz6bCveP795VrGw
• Facebookfacebook.com/lofficebudapest
• LinkedInlinkedin.com/company/loffice-coworking-budapest
• Instagraminstagram.com/loffice_budapest

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about LOFFICE Budapest