CBRE Fit-Out Cost Guide Update 2019

COST GUIDE – KÖLTSÉG ÚTMUTATÓ

EN

Having the design information and the pricing document, we estimated construction costs for all three specifications. The calculation of the construction costs is based on the quantities measured on the space plan and the Hungarian market unit prices. Using such information we have put together our cost estimation answering the FAQ of how much it costs to fit- out an office in Hungary.

Typically the landlord provides - as part of the rentable office space - the following infrastructures: • Entrance areas • Wet blocks (dress rooms, bathrooms, toilets, etc.) • HVAC and electrical supply of the leased premises (connection points at the border of the leased premises) • Entrance doors to the leased premises

• Design and professional fees • Furniture costs • Security, AV costs • IT cost (only the structural cable cost is included) • Branding cost • Relocation and reinstatement cost • VAT (Tax) and Contingencies. IMPORTANT: THE SHELL & CORE CONDITION IS ASSUMED TO BE PROVIDED BY THE LANDLORD!

Please note that our cost samples exclude some of the fees / costs following:

WORK

COST A

Cost A / sq m

COST B

Cost B / sq m

COST C

Cost C / sq m

1.

Gypsum walls

15 411 €

15 €

11 781 €

12 €

8 679 €

9 €

2.

Glass- and movable walls

0 €

0 €

27 500 €

28 €

89 900 €

90 €

3.

Suspended ceiling

32 000 €

32 €

38 470 €

38 €

87 390 €

87 €

4.

Doors

6 600 €

7 €

16 530 €

17 €

33 000 €

33 €

5.

Painting, wall tiles

20 880 €

21 €

36 234 €

36 €

98 178 €

98 €

6.

Raised floor

65 000 €

65 €

65 000 €

65 €

65 000 €

65 €

7.

Floor tiles and carpet

21 200 €

21 €

35 600 €

36 €

50 000 €

50 €

8.

Mechanical works

130 000 €

130 €

165 000 €

165 €

200 000 € 200 €

9. Electrical works including fire alarm system 72 900 €

73 €

72 900 €

73 €

72 900 €

73 €

10. Lamps

12 120 €

12 €

51 100 €

51 €

134 000 € 134 €

11. IT cabelling / Server cooling

47 550 €

48 €

51 300 €

51 €

66 300 €

66 €

12. Custom carpentery works

15 650 €

16 €

33 600 €

34 €

50 450 €

50 €

13. Internal shading

6 464 €

6 €

11 110 €

11 €

27 270 €

27 €

14. Organisation, cleaning

15 000 €

15 €

15 000 €

15 €

15 000 €

15 €

TOTAL COST

460 775 €

461 €

631 125 €

631 €

998 067 € 998 €

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FIT-OUT COST GUIDE