European CRE proving resilient in the face of macro headwinds
The first quarter of 2022 was dealt a devastating shock by Russia’s invasion of Ukraine
The first quarter of 2022 was dealt a devastating shock by Russia’s invasion of Ukraine
Polish volumes were the drivers of the momentum in the first half of the year. Slovakia saw a rebound in deals whilst Hungary and Czechia saw much slower flow than a year ago, reveals Colliers International, the global industry-leading real estate services company, in its latest 2018 mid-year CEE Investment Scene.
Investors spent EUR 1.54 billion in 2016 in the Hungarian commercial real estate market surpassing the 2015 level by 107 per cent. Last year both office properties and retail properties were in request, thus CBRE, the world’s leading real estate adviser is expecting a similar or even higher turnover for 2017.
The Budapest office of CBRE, the world’s leading real estate advisor has won the management and leasing of the real estate portfolio of the British M7 Real Estate entering the Hungarian market.