Vacancy rates to rise in Budapest as supply expands

Over 113,000 m[sup]2[/sup] of office space was delivered to the Budapest market in the first half of 2009, according to the latest DTZ Budapest Office Market Update. Of this figure, almost 60% was realised in Q2. The report also indicates that a significant amount of office space - some 190,000 m[sup]2[/sup] - is expected to be completed in H2 2009.

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