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CA Immo: New Tenants in Hungary
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…
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