Take-up in the first quarter was 105,860 sqm, down 20% from the previous quarter, but 40% higher than the average quarterly activity of the past five years, they added. Contract renewals accounted for 33% of the total.
There are 1,885,000 sqm of modern industrial property on the market in Budapest. BPFʼs members are CB Richard Ellis, Colliers International, Cushman and Wakefield, DTZ, Eston International, Robertson Hungary and Jones Lang LaSalle.
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