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Smaller offices are popular

Tuesday, 22 April 2014 08:58
Half of the office lease agreements concluded last year in Budapest was for offices under 200 sq m. The office buildings are open for the new requirements.
Interest for smaller office spaces under 100-200 sq m has significantly increased. Half of the office market transactions were made in this category last year– says the latest report of Laurus Offices and Robertson Hungary. This tendency can be explained by the fact that smaller companies who devoted to prestigious buildings more likely to accept the higher cost of quality offices due to the more favourable economic outlooks. On the other side demand for small offices was increased because some enterprises answered the last year's business challenges by decreasing the size of their office space. Forming small offices efficiently with high quality are not feasible in all buildings but there are office buildings which endeavour to fulfil the new requirements.