lh x cw market report A4_23.03.02 v34 interactive72

Erzsébet tér

ANDRÁSSY ÚT

Bajcsy-Zsilinszky út

Bécsi utca

DEÁK FERENC UTCA

Károly krt.

ABOUT THE LOCATION

VÁCI UTCA

SEGMENT

CONSUMER PROFILE

MARKET SIZE (SQ M)

AVERAGE RENT * (EUR/SQ M/MONTH)

PRIME RENT (EUR/ SQ M/MONTH)

FULL RECOVERY TAKES TIME Budapest’s main street continues to be dominated by the fashion sector, with three key locations: Váci utca and Vörösmarty tér, Fashion street and Andrássy út. The development of the high streets before the pandemic relied primarily on international tourists, with current high street locations extending beyond the traditional central Budapest locations. However, the tourism industry is significantly exposed to cyclical trends and has not yet fully recovered.

FOOTFALL PER DAY (pre-Covid)

MAIN TENANTS

NEW ENTRANTS