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Articles - Colliers International

The Budapest Research Forum sets out below its Q42020 industrial market snapshot.

The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) sets out below its Q42020 industrial market snapshot.

October and November stand out as either the first and second most relevant months for most EMEA countries in terms of production activity

Reduced output in March & May in the automotive sector could change the typical activity curve in 2020, with busier summer months ahead to make up for lost time.

Industrial and Logistics will become the new preferred segment by investors in current times

Residential tops the sectors in one deal cross the CEE region but, offices (27% share) have maintained their place in the order of preference, closely followed by Industrial and Logistics (26% share) in Q1 2020.

Colliers sells Scanfil building in Biatorbágy

The Industrial division of Colliers International Hungary sold the Scanfil building in Rozália Park to Reál food store chain.

Stable increase on the industrial market

Similarly to other real estate sectors, there is a clearly positive tendency during the last two years in the industrial property market as well. This more intense activity is fuelled by increased number of leasing and sales transactions that resulted into a net absorption rate outpacing the new supply. From a development perspective the market is experiencing a new turn, as a number of speculative projects were initiated again, which was not the case for many years, as since the economic downturn, developers were almost exclusively focusing on build to suit type of projects.