The retail real estate development has already reached the low point
In the Central and Eastern European region, the retail real estate development, keeps the developers alive, half of this occurs in Poland, that 97 percent of the constructions are in cities with 100 to 150 thousand inhabitants – said Borbély Gábor, leading analyst of CB Richard Ellis, at portfolio.hu's conference on Thursday in Budapest.
In the debate over the present and the future of the Hungarian market; analysts agreed that the decline in the retail real estate development market has reached the low point, tenants are dictating, while the Austrian and German banks are willing to fund – reports MTI.
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