Commercial property investment up 35% in H1
Hungary saw an increase of 35% in commercial real estate investment in the first half of 2014, according to research published today by property consultants CBRE.
According to the announcement, both Hungary and Czech Republic "benefitted from the challenge that many investors have had in finding the product they are looking for in Poland. This lack of supply has had a positive impact on neighbouring countries, which also can offer more attractive yields in the current market."
Looking at the whole region, the CBRE report noted, "Strong first half year results pushed commercial real estate investment volumes in Central & Eastern Europe (CEE) (excluding Russia) to €2.5bn, an increase of 15% on the same period for 2013."
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