Hungary is in the middle of the field in retail real estates

While in the second quarter of 2010, the Central and Eastern European commercial real estate investment volume was 2.04 billion euros, in the third quarter it was a total of 1.35 billion euros. It is a 34 percent reduction. According to the most recent study of Cushman & Wakefield; most countries have seen a decline in all sectors.

Beside the negative numbers, however, some improvement can be seen. More property will be on the market on a good price, which is also supported by the banks’ lendings. In addition, beside the economic and market consolidation, activity may increase in the forthcoming months and the investment volume is expected to grow by 70 percent in the last quarter. This is mainly due to Russia, Turkey and Poland, where about 7 billion euros investments will occur this year, compared to the 4.9 billion euros of 2009 – reports portfolio.