One new speculative office building was delivered on the market in Q2 2015, according to the latest report by the Budapest Research Forum. The handover of Váci Greens C has further increased the modern office stock by 20,100 sqm, bringing it to a total of 2.6 million sqm speculative and 642,300 sqm of owner-occupied space. The city’s office vacancy rate continues to fall, reaching 14.2 percent by the end of the second quarter. That’s the lowest figure for Budapest to be recorded in the last 6 years. The Budapest Research Forum is made up of: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, JLL and Robertson Hungary.
