Report: Fewer vacancies in industrial property in Q2
In the second quarter of 2015, the stock of modern industrial properties in Budapest and surrounding area remained unchanged, while the vacancy rate further decreased, based on research by Budapest Research Forum (BRF).
According to the report, the size of the modern industrial stock in Budapest was 1,885,610 sqm, which amounts to no change when compared to the first quarter of 2015. The volume of lease transactions did not change either, remaining at 105,575 sqm, while slightly behind (13%) the second quarter of 2014. The vacancy rate continued to decrease, bottoming out at 13.7%.
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.