ADVERTISEMENT

CBRE: Demand for office leasing on the rise in Budapest

Deals

In the first quarter of this year, leasing volume in the Hungarian capital rose by 18%, as compared with the same period last year. The vacancy rate has fallen to a six-year low, a sign that this trend will continue according to a press release from CBRE today.

“Approaching the half year mark, rental figures for the first half of the year are extremely strong, and we are experiencing a noticeable increase in the proportion of pre-leases”, said Gábor Borbély, Head of Research at CBRE Budapest.

ADVERTISEMENT

Average age of coronavirus patients declining Analysis

Average age of coronavirus patients declining

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

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.