New Office Space Drying Up In Hungary
- 22 Jan 2013 8:00 AM
Only three new office buildings were opened in Budapest last year, with total area of 23,000m2, a 74% drop from 2011, it was announced at a Monday forum of Budapest property consultants.
Two new office buildings opened in Budapest in the fourth quarter: the 17,800m2 Green House and the 2,800m2 third phase of the Madarász Irodapark. Both had 60% occupancy at opening.
Source: Hungary Around the Clock
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