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Articles tagged development

ACADEMIA Office Grand Opening

Tonight, within ACADEMIA’s enchanting reception the newly refurbished property’s grand opening took place, marking the emergence of a new jewel in Budapest's 5th district, the heart of the city.

Office market - 2019

In 2019 70.5 thousand square metres’ new offices appeared in the market, which is significantly smaller than the previous year’s quantity (230.5 thousand square meters).

Further rental growth on the Office Market is expected

A strong increase in new supply is expected in the upcoming two years, however, most submarkets will still face rental growth in 2018. Sustained rental growth for Class A properties across all submarkets - except the Periphery - is forecasted.