29.07.2011 - Property investors slowly turn to Budapest
Investments in Hungary’s commercial property market in the first half of 2011 has already surpassed last year’s aggregate, and consultancies see hope that investment will near 2008 levels by the end of the year. Europe’s real estate investment market responded acutely to the developing debt crisis by contracting significantly as investors became wary of the risks. Overall, the second quarter of the year brought €25 billion in investments on the continent, a fresh report from property consultant CB Richard Ellis revealed..............................................Full Article: Source
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