lh x cw market report A4_23.03.02 v34 interactive72

BUDAPEST OFFICE SUBMARKETS

THE SUBMARKETS IN CONTEXT With 4.25 million sq m of office space, Budapest’s office markets are usually divided into eight submarkets. Each submarket has different characteristics and attracts different types of occupier. The Váci corridor is the largest submarket exceeding 1,000,000 sq m in stock. Larger occupiers tend to gravitate along a north/ south line running down the Váci corridor, then south of the CBD along either side of the Danube.

Office

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