Váci úti Corridor is a trophy-tier Class A submarket of Budapest with average asking rent around €300/sqm/yr · ≈ $30.1 PSF/yr USD.

  • Principal Class A spine.
  • Trophy tier — ~€300/sqm/yr.
  • Active Class A leasing market with deal flow across major broker desks.

Váci úti Corridor, Budapest — Class A submarket

Principal Class A spine. · Tier: trophy · Avg rent: €300/sqm/yr · ≈ $30.1 PSF/yr USD

TL;DR

  • Principal Class A spine.
  • Trophy tier — ~€300/sqm/yr.
  • Active Class A leasing market with deal flow across major broker desks.

Overview

The Váci úti corridor anchors Budapest's deepest Class A inventory — major banking, shared-services, and BPO tenancy in a contiguous post-2000 office strip.

Tenant profile

Banking (Erste, K&H back-office), shared services, IT, professional services.

Typical specification

15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

Transit

Metro M3 (Lehel tér, Forgách utca, Árpád híd), tram.

Multi-modal transit captures the metro's principal professional catchment.

Amenities

Westend mall, Margaret Island.

Comparable buildings

  • Váci Corner Offices
  • Capital Square
  • Eiffel Square Office

Where Váci úti Corridor sits in Budapest

Váci úti Corridor is one of 5 Class A submarkets we cover in Budapest, classified as trophy tier with an average asking rent around €300/sqm/yr · ≈ $30.1 PSF/yr USD. Compared with the broader Budapest Class A stock, Váci úti Corridor typically attracts Banking (Erste, K&H back-office), shared services, IT, professional services and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.

Adjacent submarkets to study alongside Váci úti Corridor: Belváros / Lipótváros, Ferencváros / Millennium City Center, Pasarét / Buda Hills, XI. district / BudaPart. The full Budapest submarket atlas is at /cities/budapest.

Topic deep-dives for Váci úti Corridor

For an institutional Class A occupier evaluating Váci úti Corridor, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:

Related glossary

Terminology specific to Budapest Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

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