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Real Estate: Office Market Talk 2024 bbj.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbj.hu Daily Mail and Mail on Sunday newspapers.
Challenging Market Environment Means Limited Office Pipeline bbj.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbj.hu Daily Mail and Mail on Sunday newspapers.
Office Demand Undergoing Fundamental Changes bbj.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbj.hu Daily Mail and Mail on Sunday newspapers.
Retail and shopping center development remains constrained by the increasing use of e-commerce and concerns over spending power. There are no major mall projects in the pipeline, with owners essentially concerned with redeveloping and upgrading their retail, leisure and service offer to enhance the retail experience and meet ever more sophisticated consumer demands. ....
The Budapest office pipeline is limited; builders are exercising caution, and new projects are not being initiated in an uncertain environment. Concerns include geopolitical issues, longer-term letting and demand, office working practices and the time spent in the office, rising development and construction costs, increasing maintenance and energy costs and more expensive debt finance. Despite this, ongoing projects are continuing. ....