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Overview

What's Typical

Break

Negotiable when signing for 5 years or longer

Brokers Fees

Brokers are paid by the party represented

Escalation

Rents are indexed; MUICP is typical to use

Fit-out

Landlord pays for standard fit-out

Option to renew

Is common

Rent Free

Is cca. 1 month for each year signed

Rental Deposit

3 months or bank guarantee is required

Rents

Rent is paid on monthly or quarterly basis

Right to sublet

Right to sublet is negotable

Transparency

General information on the market is available

Terms

Flexible, typically at least 3 years

Offices

Budapest +36 1 374 3040