The Hungarian commercial real estate rents remained unchanged

While the commercial real estate rents in Hong Kong increased by 19, in New York by 15 percent in the second quarter, and in Western Europe a shortage occurred of good quality properties, the Hungarian market is stagnant – CBRE real estate advisory firm told MTI.

In the second quarter, Hong Kong remained the world's most expensive real estate market with 31 thousand USD / square meter / year, followed by New York with 20 thousand USD / square meter / year.

The first five sites have remained unchanged: Sydney remained the third with 8994 USD / square meter / year, followed by Tokyo  with 8284 USD / square meter / year, and London on the fifth place with 7732 USD / square meter / year).

Although the Notice does not mention, but in Budapest the maximum commercial rent per square meter is 100 to 150 euros per month, which means a 1200-1800 euros annual rent. (MTI)