A growing number of empty stores in the city

The central part of the Váci street adheres, on the Grand Boulevard the situation is diverse, depends on the current market situation, but the stores of the Andrássy Avenue are declining. One-fifth of the stores are empty.

The rental proportion of shops in Budapest is best in the central part of the Váci street. Only 4 percent of the stores are without a tenant, however, on the the Andrássy Avenue, every fifth store is vacant – told ECORYS Magyarország Kft. to MTI.
On the Andrássy Avenue, the occupancy rate after 2006 continously decreased and it was more than 21 percent in August 2010 – reports Népszabadság Online.