Budapest Sees Increase in Vacant Premises
Budapest Sees Increase in Vacant Premises The number of vacant commercial properties in Budapest increased in the second half of the year, with many permanent closures — mainly restaurants or entertainment venues — due to the pandemic, business daily Világgazdaság said on Tuesday. There are 15-20 percent more vacant retail spaces in the capital than a year ago and there has been a 20-25 percent increase downtown, the paper said, quoting kiberelem.hu data. Budapest is home to 2,000-3,000 vacant retail premises, business daily Világgazdaság said Tuesday. Rents on empty retail space r...
Source: hungarytoday.hu