Budapest Office Market Overview Q3 2025

In 2025 this is the second consecutive quarter in which there were no office building handovers. We expect no speculative completions, but the handover of buildings for the Hungarian State is expected to begin still in this year. This is likely to keep the vacancy rate decreasing, provided that leasing activity remains as strong as it was in the first three quarters of the year. Read our quarterly insight for more details.
Research Analyst
