Work-from-home or work-from-office? Dive into the seismic shifts shaping the commercial real estate market. From looming threats to surprising opportunities, this exposé reveals the strategies of winners in the 'donut effect' landscape. Investors, banks, and real estate developers - brace yourselves for an eye-opening journey through the unexpected twists and turns of a post-pandemic property market. Find out: Is your glass half-empty, or is it brimming with untapped potential?
The office rental market in Hungary and the Central and Eastern Europe (CEE) region has been experiencing a growing divide between new and older office buildings, as reported by the Budapest Research Forum (BRF) in its latest quarterly report. The vacancy rate has risen to 12.2%, while the net absorption has reached negative territory, decreasing by 19,160 square meters.
Hungary-based Alfa Group is entering the dynamically growing private rental sector (PRS) and will deliver the second and third phases of its Ha11er residential project in District 9 of Budapest with apartments for rent.
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