CBRE: Hungarian commercial properties were sold in a record value last year

Last year, real estate investors bought commercial properties in Hungary in a record amount of 745 million euros, which is 60 percent higher than in 2014, while the real estate sector seen the highest investment flows since the crisis – Borbély Gábor, analyst leader of the CBRE real estate consulting said at a press conference in Budapest on Wednesday.

He added that this is the highest growth in the Central and Eastern European region, while the Hungarian commercial real estate investment market is expanding steadily since 2012.
In Hungary, the retail property portfolio is 3.8 million square meters, of which 2 million square meters are shopping mall or park. (MTI)