In Hungary large occupiers have limited options of immediate availability and they shall consider pre-lease or BTS. Corporate real estate occupiers are expected to return to the market with new office space requirements across Europe as 2014 progresses, according to the latest research from CBRE, the global real estate advisor.
Following years of prosperity in Europe, during which hundreds of thousands of square metres of office space have been leased, the International Office Search Network has now extended to the UK.
Although the Hungarian office investment market is currently not doing very well, it has huge potential, according to the latest research by the Round Table of Real Estate Developers prepared by Eltinga and DTZ. Companies relocating here will find highly skilled labour that is among the cheapest in Europe; the lowest cost per work unit; a regional transport hub; and a continuously growing metropolis.
The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, Jones Lang LaSalle and Robertson Hungary) hereby reports the Q4 2013 office market analysis.
After Austria, Croatia, Hungary, Romania and Serbia the international office search portal is now presenting offices in the Spanish market on www.oficinainfo.es.
Falling yields across all property sectors and a moderate increase in rental values provides further evidence of growing momentum in European commercial property markets. The findings from CBRE’s Q3 2013 survey of prime rents and yields backs up the picture of recovering investment markets across the region, which have benefitted from increased capital targeting the sector and improved investor sentiment.
The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, Jones Lang LaSalle and Robertson Hungary) hereby reports its.
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