The story of modern office markets in Warsaw, Budapest and Prague dates back to the early 90s. Although steel and concrete remain the backbone of any office building, much has changed in the landscape of these capitals in terms of the skyline, volume, technical specifications, as well as specific occupier requirements. Undoubtedly, the pace of development has been remarkable and each of these cities have undergone two or three property cycles since then.
Given the offi ce market (r)evolution over the last 25 years in the three capitals, BNP Paribas Real Estate has taken a closer look at the office buildings developed over the roaring 90s when the first boom occurred.
Source : BNP Paribas Real Estate