Q3 2019 Budapest Market Report

The total modern office stock currently adds up to 3.668.735 m2, consisting of 3.064.165 m2 category ‘A’ and ‘B’ speculative office space as well as 604.570 m2 owner occupied space.
The office vacancy rate has decreased to a record low 5,9% representing a 0,4 pps reduction quarter-on-quarter – compared to the previous quarter.