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Real Estate Briefing - Categorized | Commercial property Watch, Market Moves more

Europeum adds 6,000sqm to Hungary’s commercial property market in H1

Posted on 02 August 2011

About 6,000 square meters was added to the some 2 million square meters of commercial property in Hungary in the first half of the year but rents have stagnated, property consultancy DTZ and broker GVA Robertson told MTI.
The 6,000sqm Europeum is the only big commercial property to have opened so far this year, but more than 100,000sqm is to be inaugurated by year-end, including the 55,000sqm Koki Terminal and 11,000sqm Vaci1 in Budapest, as well as the 41,000sqm Arkad in Szeged, the 10,000sqm Magellan Center in Szombathely and the 7,000sqm Sio Plaza in Siofok……………………………………….Full Article: Source

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