Hungary Real Estate Report 2015 - New Market Research Report.
[USPRwire, Tue Sep 08 2015] Following on from a year of rapid growth, the Hungarian economy is expected to continue growing, albeit at a slower rate due to the inability to maintain economic measures which kick started the growth last year. The real estate sector is set to benefit from the stability in the country, with strong political and bureaucratic outlook attracting investors, particularly in the industrial and infrastructure sectors. Rental rates and yields are expected to remain stable over the short term; however with the more favourable development environment and more stringent restrictions placed on international companies, if demand does not accelerate, vacancy rates may rise with rental cost falling in consequence.
Acceleration in Hungary's GDP proved the catalyst for the commercial real estate market during 2014 following a prolonged period of stagnation and contraction in rental rate costs across much of the market. The bold economic strategy utilised to kick start the national economy cannot be sustained, and the rate of growth is expected to slow from 3.6% y-o-y in 2014 to 2.9% in 2015 and 2.5% in 2016. However, GDP and consumer spending are still forecast to grow year-on-year and therefore highlight an ever strengthening economy following the years of austerity. A key factor in this slow down of growth is due to trade with Germany accounting for more than 25% of total exports and therefore linking Hungary's economic performance to Germany's.
Full Report Details at
The Hungary Real Estate Report features BMI Research's market assessment and independent forecasts of major construction projects in the residential and commercial markets, plus rental prices and yields in major cities. The report critically analyses the prospects for real estate within the broader economic and financial context - both domestic and global - via our econometrically-modelled and clearly explained banking and economic forecasts and follows this through to evaluate the implications for REITs.
BMI's Hungary Real Estate Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the real estate industry in Hungary.
* Benchmark BMI's independent real estate industry forecasts for Hungary to test other views - a key input for successful budgeting and strategic business planning in the Hungarian real estate market.
* Target business opportunities and risks in Hungary through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
* Assess the activities, strategy and market position of your competitors, partners and clients via our company profiles (inc. SWOTs, KPIs and latest activity).
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|Date:||Sep 8, 2015|
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