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

Business confidence falls slightly in June Analysis

Business confidence falls slightly in June

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

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.