PropertyEU

Office vacancy set to rise in Budapest after record level of new supply

By A staff reporter 2009-05-29T00:00:00

Despite the dramatic deterioration in Hungary’s real economy, and its visible impact on the property market, take-up continued to rise in the first quarter of the year. Office lease extensions and pre-leases were prevalent among the contracts signed in the first quarter. While the level of completions was roughly on ...

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