CBRE: the value of real estate investments increased in the first quarter
Hungarian real estate investments were worth 179 million euros in the first quarter, up 27 percent from a year before, CBRE, the world’s largest commercial real estate and investment company, told MTI.
They added that in the first three months of the year only Hungarian investors closed purchase transactions.
According to the first quarter data, the industrial sector also outperformed the retail sector and the office market in terms of leasing, as the latter were strongly affected by the third wave of the coronavirus pandemic. As a result, the rental level of industrial real estate is 105 percent higher than last year, while the similar rate of office rental is 52 percent lower than a year before. (MTI)
Related news
In-store traffic expected to fully rebound by Q3
CBRE is predicting retail foot traffic to fully recover from…
Read more >K&H: the commercial real estate industry in a pioneering role
In the field of real estate financing, K&H enforces its…
Read more >CBRE: E-commerce is gaining ground
The growth of emerging e-commerce markets exceeds the European average,…
Read more >Related news
K&H: under 100 thousand forints or over 2 million
Young people have an average of 669 thousand forints in…
Read more >Carlsberg is once again the official beer of UEFA national team tournaments
Carlsberg has signed a long-term partnership agreement with UEFA to…
Read more >Despite global challenges, SMEs are still looking for breakthrough points in 2025
According to economic forecasts for 2025, businesses will face a…
Read more >