Ernő Kiss appointed as Associate Director at Eston International
Ernő Kiss (MSc RE) was appointed as Associate Director at Eston International on 15th June 2009.
Archive: June 2009.
Is it good to be a sublessee?
Tenants often struggle with estimating their own space needs, which may alter considerably, depending on the general economy situation or on the strategy of the mother company. When significant amount of office space becomes empty, sublease can be an economical solution. At the same time it has to be noted though that the owners are likely to constrain and condition the circumstances of the leasing. Below you can read some useful information from ESTON International.
Changing office vacancy trends - Eston analysis
Vacancy rate is one of the most important indicators of the commercial real estate market, to which all market players pay particular attention. The rate showing the imbalance of supply and demand was around 13.8% in the past five years, although it increased significantly towards the end of 2008 and closed on 16.8%. According to the forecast of Eston experts, the vacancy rate may rise above 20% by the end of 2009.
