Thursday, 2 May 2013

Hungary Real Estate Report Q3 2013

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Hungary Real Estate Report Q3 2013
May 1st 2013, 00:00

BMI View: On a regional level, in spite of the damage suffered, the Hungarian commercial real estatesector fared relatively well in the immediate aftermath of the global financial crisis. However, 2013 sees thecountry in an altogether different position: mired in recession with a stagnant pipeline, invisible investorsentiment, rising policy risks and with the dwindling probability of an IMF deal this year, the country hasone of the worst outlooks for the sector regionally. While the short-term outlook is less than enviable, thereare pockets of optimism to be found, particularly in Budapest and the longer-term opportunities offered bystrong socio-demographic fundamenta...

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