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CA Immo: New Tenants in Hungary

Published: December 10, 2012; 13:57 · (Vindobona)

CA Immo was able to acquire new tenants for some 9,300 sqm office space in five Hungarian office properties over the past six months.

CA Immo: New Tenants in Hungary / Picture: © Vindobona.org

In addition, lease agreements were extended for about 4,800 sqm office space. The occupancy rate increases to 86% once these new leases are taken into account, and is thus well above the market average of 79% for Budapest.

Bruno Ettenauer, CEO CA Immo: “The Hungarian office rental market has been a challenge for many years, partly because of…

This article includes a total of 309 words.

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