Property Investments In Hungary Up In H1

  • 24 Jul 2014 1:00 AM
Property Investments In Hungary Up In H1
Investors ploughed €286 million into the Hungarian real estate market in the first half of the year, a 35% year-on-year increase, property consultants CB Richard Ellis estimated.

More than €230 million of that was speculative investment and €50 million went to purchase empty former headquarters, said in-house analyst Gábor Borbély.

In Eastern Europe as a whole, 15% more capital was invested, while investments in Russia dropped 58%. There was a 300% increase in Romania.

Source: Hungary Around the Clock

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