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Immofinanz signs leases for 40,000 sqm in Hungary

Industrial

official website

Since the beginning of the year, real estate firm Immofinanz has signed lease agreements in Hungary for property of a total of approximately 40,000 square meters, according to a press release issued today. 

Of this figure, lease extensions accounted for more than 25,500 sqm, while new or expanded contracts totaled 14,500 sqm, Immofinanz revealed. In terms of lease extensions, the two flagship buildings Globe 13 and Haller Gardens have been particularly successful, because of the new leases and extensions the latter now being almost fully leased. 

“40,000 sqm of new leases and extensions in the last six months is an exceptionally high number for the Budapest office market”, said Viktor Nagy, Country Manager Operations Hungary, Immofinanz.

“With most of our buildings in excellent locations – both in the city centre and other areas demanded by customers – our success pattern continues,” he added. 

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