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Budapest office market reaches 1.9 million sq m in Q1 2008

The size of Budapest office market reached 1.9 million sq m in Q1 2008. The completion level of 41,900 sq m was almost four times as high as same period last year but decreased by 25% q-o-q. Four office buildings were completed, all of them located in the Non Central submarket. BSR Center (25,500 sq m) and the last tower of Gateway Office Complex (in total: 29,200 sq m) in district 13, Kész Mester Udvarház (4,200 sq m) in district 9 and Urban Offices (4,000 sq m) in district 3.

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