Turnover is increasing on the office and industrial estate rental markets in Hungary with more new developments on the horizon. Investors and tenants are becoming increasingly interested in office and logistics estates, but still the buzz is far volume from the housing market's. In the third quarter of 2015 contract extensions made up more than half of buyer demand.
DetailsUtilization rate on the office market improved further according to data provided by the most recent surveys of GKI. Compared to six months before utilization increased in all examined segments, and in Budapest the rate reached 81%, which is the highest in seven years.
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