This year, 48 billion HUF capital has arrived to the Hungarian commercial real estate market

Until the end of July, 163 million euros (48 billion HUF) investments have arrived to the Hungarian commercial real estate market, most from the institutional sector – the CBRE international property consultant told MTI on Thursday.

In addition, the value spent for personal use or for investment purposes for well-located vacant buildings is estimated to 40-50 million euros (12-15 billion HUF).

In Europe in the second quarter of 2013, the total value of the investment transactions was 32.6 billion euros, which is 22 percent more than the performance of last year's second quarter, and is 6 percent higher than in the first quarter. So Europe closes its best quarter since 2007. (MTI)