News Article Budapest CBRE Hungary investment office
by Property Forum | Investment

The IN15 Office Park in Northern Pest has changed hands. CBRE supported the seller's side in the transaction. The 19,000 sqm office building’s sale shows that there is activity in the market despite the pandemic.

The IN15 Office Park, located at 11-13 Késmárk Street, Újpalota, has a new owner, with nearly 19,000 sqm. CBRE supported the sell-side in the transaction.

The deal shows that there is still life in the office market in terms of demand. According to BRF's office market reports, demand for office space fell to new lows in the first quarter of this year, which then recovered somewhat in the spring months.