The disappearance of small tenants may be risk to the malls
Tatár Tibor, CEO of Futureal Development Zrt. expects a market boom first in the industry market, then in the housing market. He is expecting cautious expansion from the big malls in 2011, though fears that the high rents cause a decrease among retailers.
Tatár Tibor, believes that the recovery of the industry involves the process at the logistics real estate market. The low entry limits, the available land prices and the investment volume make available developments to the middle sized Hungarian developers. However, it is hard to predict the duration, because of the crisis – reports Origo.
Related news
Related news
The quarterly results of the SZÉP card confirm the entrepreneurs’ proposal
According to the announcement issued by the Ministry of National…
Read more >Grant Thornton survey: Flexibility and an inclusive work environment can help retain accountants
Not only recruitment, but also retention poses serious challenges to…
Read more >Emmi acquires majority stake in Brazilian dairy producer from Coca-Cola
Emmi Group’s Brazilian subsidiary, Laticínios Porto Alegre, will acquire a…
Read more >