Land turnover increased by more than double last year

By: Trademagazin editor Date: 2017. 06. 15. 11:31

Thanks to the Farmers’ Growth Program the land turnover more than doubled last year according to the OTP Farm Land Map Analysis.

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Based on the size of the total land area involved in sales, 246 percent was the increase in 2016 and 165.5 thousand hectares of land changed hands.

According to a statement of OTP Bank, sent to MTI on Thursday, the prices have again increased by a 2-digit growth, by 10.9 percent from 1024 HUF per hectares in 2015 to 1,135 million HUF. (MTI)

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