The retail property market remained stable

Hungary's retail real estate market continues to show signs of stability in the first half of 2011, after having reached this state last year.

“The market participants have adapted to the situation and expect the sooner or later inevitable recovery. The market is showing a mixed image, because some locations – particularly those that have well-thought-out strategy at a good location develop and even flourish, while other shopping centers are still suffering from the effects of the crisis”. – said Koroknai Szabolcs, associate director of Colliers International Budapest – reports tozsdeforum.hu