Hungary's commercial property market is past its cyclical low point, but weak economic growth is holding back a recovery and geopolitical uncertainty is weighing on outlooks, the National Bank of Hungary (MNB) said in a report on the market released on Tuesday. The report augurs an increase in the vacancy rates on the office and […]
From the second quarter of 2024, the increase in primary yield came to an end in all segments of the commercial real estate market; however, in the second half of the year the slow growth of GDP failed to provide a significant boost to market activity, Hungary's central bank says in its latest domestic commercial […]
The National Bank of Hungary (MNB) said in a report published on Thursday that the commercial real estate market may be on the verge of recovery, having moved from a multi-year low in both domestic and regional data last year. Speaking at a press conference in Budapest on the state of the commercial real estate […]
Investment incentives across the CEE region continue to attract R&D and BSS projects, with support reaching up to 70% of qualified costs, according to Colliers' latest interactive report: “How Government Incentives Shape Industrial & Office Real Estate in CEE”. Jan Kamoji-Czapinski, Director, Incentives Advisory, Europe Strategic Advisory at Colliers comments that “most of the countries […]
Last year, the WING Group, that is, WING Hungary, Bauwert AG and ECHO Investment together, successfully closed property sales worth almost EUR 300 million, one of Central Europe's leading property development and investment groups told MTI on Tuesday. The group sold three office buildings in three countries worth more than EUR 200 million and a […]
The market expects investor activity in the Hungarian commercial real estate market to increase this year, mainly due to improving investor sentiment, the lowering of the European Central Bank (ECB) base rate and the increasing presence of foreign working capital from Asia, international real estate consultancy Colliers said on Tuesday, according to MTI. They added […]
