In the II quarter of the total area of office buildings, commissioned in the Hungarian capital, fell to 30,700 square meters. m - 42% on the previous quarter. Total number of leased space in this segment of the real estate market in Budapest decreased by 20% compared with I quarter, to 61 thousand square meters. m, reported portal Realdeal.hu with reference to a joint study of a number of leading consulting companies. And if in quarter I of the transaction for the extension of existing lease agreements amounted to approximately one-third of the total, then in the II quarter of their share reached 46%. This trend shows the weakness of the market. Budapest office vacancy rate has changed slightly - from 20.8% in January-March, up 20.7% in April-June.
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