S Immo Increases the Occupancy Rate of its Hungarian Portfolio

Lifestyle & TravelPersonal Real Estate ♦ Published: July 7, 2011; 12:54 ♦ (Vindobona)

The Austrian real estate company’s Hungarian subsidiary leased out nearly 4,000 m² in the heart of Budapest. The vacancy rate was reduced to below 9%.

S Immo Increases the Occupancy Rate of its Hungarian Portfolio / Picture: © Vindobona.org

S Immo Hungary Kft., a subsidiary of the Austrian Sparkassen Immobilien AG, has leased out 3,800 m² of space in Maros utca Business Center to a counseling center. The lease was concluded as part of S Immo Hungary’s asset management activities.

Maros utca Business Center is located in the heart of the Buda side of the city and spans across nearly 6,500 m² of lettable office…