The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q2 2016 industrial market snapshot.
Prologis, Inc., the global leader in logistics real estate, today celebrated the grand opening of a 25,414 square metre build-to-suit facility for BMW Group at Prologis Park Bratislava with an official ribbon-cutting ceremony.
The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q1 2016 industrial market snapshot.
The sudden expansion of investments and production has led to significant developments in the Hungarian industrial real estate market. In Greater Budapest, the vacancy rate has sunk by 11 percentage points over the past two years due to strong tenant demand and a complete lack of new speculative developments, according to the latest research data from CBRE global real estate advisor. M0 Central Business Park is among the most successful logistics hubs in the Greater Budapest area.
Both the development and take-up of industrial parks in Central Europe is continuing and slightly accelerating in comparison with last year, according to research from Cushman & Wakefield. The appetite for investing in commercial properties is also increasing, with a shortage on the supply side making buyers willing to pay more.
The Budapest Research Forum (BRF) which comprises: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, JLL and Robertson Hungary now reports its Q3 2014 industrial market data. In Q3 2014 the size of the modern industrial stock in Budapest and its surroundings remained unchanged totalling 1,848,100 sq m.
A total of €8.7 billion was invested into European industrial real estate during H1 2014, a 25% increase versus H1 2013, and the highest first half total since 2007. New data from global real estate advisor CBRE also shows that industrial property now makes up 10.3% of the real estate investment market, up from 9.5% in 2013.
