Green finance trends globally and in Hungary
Green financing in the commercial real estate sector has experienced significant growth in recent years.
Green financing in the commercial real estate sector has experienced significant growth in recent years.
NEWMARK VLK HUNGARY’S Managing Partner says demand for experienced advisors providing high added value is ever growing, as the alternative – rectifying a poor lease contract after it is signed – is difficult and expensive.
We spoke to Mr. John McKie, Managing Director of CA Immo in Hungary, about current market trends, future uncertainty and tenants' concerns.
Average prime office rental growth is up by a quarter, at 25.2%, for energy dependent cities - a city which is driven by the energy sector (oil and gas) for economic and real estate activity - this year. This far outstrips the average of 4.5% for other established office locations according to the latest research from global property advisor CBRE, which covers 33 cities.