North-Budapest

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Category: Market research
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Publication date: 19 September 2013
North-Budapest

South-Budapest has the smallest stock in terms of warehouse space in the Budapest market. 

The total supply is 196,000 sq m which consists of 153,000 sq m warehouse space and 43,000 sq m office area. The vacancy rate was 33.0 % at the end of June which is significantly higher compared to the average Budapest level of 22.8 %. The current average rents are between EUR 3.00 and 3.60 /sq m/month + VAT for the warehouse and EUR 7.00 and 8.00 /sq m/month + VAT for the office space. 

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