Budapest downtown retail vacancy down to 12.7% in June-August
Retail vacancy rate in Budapest's main shopping streets fell this summer, daily Napi Gazdaság reports, citing a fresh survey by Ecorys Magyarország.
The overall vacancy rate in Váci and Andrássy streets and its surroundings as well as in Nagykörút fell to 12.7% from 14% in June-August.
Vacancy fell to 5% from 8.5% in Teréz körút, to 19% from 21% in Andrássy street and to 6.5% from 7.5% in Váci street, the newspaper said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.