lh x cw market report A4_23.03.02 v34 interactive72

NEW SUPPLY In 2021 and 2022, there were no completions in the city centre. The most recent deliveries are the mixed-use Szervita Square project (4,000 sqm of retail) and the Emerald Residence luxury residential complex and four-star hotel (555 sqm of retail), both completed in 2020. There is one ongoing development project, the renovation of the Fontana building, which will accommodate 3,000 square metres of retail space and is scheduled to be completed by the end of 2024. The Main Street project, a major multi-functional project of significant scale, remains in the planning phase.

ANDRÁSSY ÚT

VÁCI UTCA & VÖRÖSMARTY TÉR

FASHION STREET

ANDRÁSSY ÚT

The main pedestrian thoroughfare in the city.

It connects Vörösmarty tér and the Deák Ferenc tér public transport hub.

The grandest avenue in the city and a UNESCO World Heritage Site.

Lively mass market shopping destination and an important tourist attraction

Mass market

Medium / Up market

Up market / Luxury

Local & Tourists

Local & Tourists

Local & Tourists

35,000

9,000

34,000

90-110

80-100

30-60

120

100

50

35-40,000

28-30,000

10-15,000

H&M, Zara, Bershka, C&A, CCC, Douglas, Mango, Tezenis, Humanic

Hugo Boss, Tommy Hilfiger, Lacoste, Massimo Dutti, Zara Home, Oysho, KFC, Starbucks

LV, Gucci, Jimmy Choo Max Mara, Zegna, Moncler, Nespresso, Boggi, Hublot

HalfPrice, Office Shoes

Calvin Klein

Jimmy Choo, Max & Co.

Retail

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