A turnaround may come in the retail property market

The latest commercial market report of Colliers International shows that after the crisis years of  2008 and 2009, the Hungarian retail real estate market stabilized in 2010, as the operators have adapted to the changed circumstances.

The continuous decline in retail sales now finally stopped and a turnaround in the market is starting slowly but surely.

In a regional comparison, Hungary has became a favorable investment destination among some traders. The interest and activity of the new participants is increasing, due to the projected increase in consumption and the very favorable rental terms, compared to the other neighboring countries – reports tozsdeforum.hu