The Target Center shopping park has changed hands
Although it is more difficult to operate during the pandemic period, lasting for several months, investors are intensively looking for good products and appear to find them. Such a transaction has now been completed in Kecskemét. The approximately 23.5 thousand square meter Target Center shopping mall (“strip mall”) changed hands. The buyer is a real estate fund in Hungary, which already has similar commercial properties in its portfolio. Despite the relatively difficult market conditions, they managed to conclude the sale agreement with the seller’s group of foreign-owned investors at a yield corresponding to the average of the last 12 months. (portfolio.hu)
Related news
The euro exchange rate affects rents
The pursuit of security will be dominant in 2021 for…
Read more >Related news
NGM: the lives of families are significantly affected by food and health expenses and fuel prices
According to the surveys, the most significant expenses of the…
Read more >Due to Vinted’s action, FoxPost’s service became unusable
FoxPost’s parcel delivery service has faced serious challenges in recent…
Read more >Tesco is making good progress with the sustainability project
Tesco is committed to sustainable operations and has set ambitious…
Read more >