The office market in Budapest grows extraordinary: although offices are ever more expensive, there is no shortage of investors or renters. There are plenty of new offices, many of which are already in the hands of the owner. It is already apparent that 2017 has further tapered the office market, but the question is whether the future...
The vacancy rate of the Budapest real estate market is still at a record low level. However, we are facing a year of confidence, as even more volume of office is expected than last year, possibly leading to a rise in vacancy rate that has been low for years.According to BRF's latest report, last year's domestic office stock...
Is there any more space? The question may drop to you, as we are tracking the construction of a new office building all over the city. Of course, there are particularly popular neighborhoods such as the Váci Street office corridor from Lehel Square to the Árpád Bridge, but neither the South Buda nor the South Pest nor the other districts...
If not only location and quality are important but also environmental awareness, the green office is the best solution. The best-known rating system is the BREEAM (Building Research Establishment Environmental Assesment Method) established in 1990 and the LEED (Leadership in Energy and Environmental Design) certification system, which...
Now, it is clear that 2017 was one of the most exciting years of the past decade on the office market. Although the volume of finished office developments is quite low, we can now expect a 500 thousand square meter expansion in the Budapest office market with the development of ongoing projects. Meanwhile, the vacancy rate is also...
In our new series we present 5 Buda and 5 Pest office developments, which can be owned by tenants in 2018-2019. In the first part, we consider Buda's new pearls.When it comes to office building in Budapest, Buda is often ignored in the news, since the Váci corridor and the other districts of Pest take it all. Of course, if we look around...
In our next article we will present a few in-progress real estate investments in Pest. Most of these will be finished in 2018 and available for the market inmediately.Obviously, Pest's most frequented area is the Váci corridor when it comes to new offices. Below is a list of several office buildings from here, but do not forget that a...