Vaci 33 fully let

Budapest’s office vacancy levels have been climbing almost as steadily as the pipeline can push out new stock, so Colliers has made a point of bragging about how it’s managed to fill Vaci 33 for the owner IG Immobilien. Completed in 2007, Colliers got it to 90% occupancy within 18 months. This appears to have been achieved after Celanese expanded its 2,800 sqm shared services center by a full 1,500 sqm. Colliers remains the exclusive agency for the building.

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