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Hungary Real Estate Report 2016

Hungary Real Estate Report 2016

BMI View: A positive economic outlook will support the real estate sector in Hungary over the medium term. Demand for high quality space should remain high, particularly in the office and industrial sectors.

New construction activity remains limited, with the majority of space under construction already pre-let.

Consequently, we expect rental growth at the prime end of the market in these two sectors. Retail rents, on the other hand, are likely to remain stable due to the newly introduced legislative changes, which could constrain retailer demand despite rising consumer confidence and spending.

Hungary's economic growth is expected to remain steady over the medium term. GDP growth is forecast to be 2.8% this year and to average at 2.4% per annum over the period 2016-19. Higher exports, falling unemployment, rising incomes and strong consumer spending support this positive outlook. All three markets in the real estate sector are likely to benefit from this improving economic picture and to witness stronger levels of activity in the medium term. Positive market sentiment witnessed this year is expected to be sustained, underpinning occupational and investment activity in the medium term.


BMI Industry View
SWOT
Political
Economic
Operational Risk
Industry Forecast
Office Industry Forecast
Table: Office Rental Rates 2010-2015
Table: Office Yields 2010-2019
Retail Industry Forecast
Table: Retail Rental Rates 2010-2015
Table: Retail Yields 2010-2019
Industrial Industry Forecast
Table: Industrial Rental Rates 2010-2015
Table: Industrial Yields 2010-2019
Residential/NonResidential Building - Outlook And Overview
Table: Residential and Non-Residential Building Industry Data (Hungary 2013-2018)
Table: Residential and Non-Residential Building Industry Data (Hungary 2019-2024)
Table: MAJOR PROJECTS: Residential and Non-Residential Building
Macroeconomic Forecast
Economic Analysis
Table: Hungary GDP by Expenditure
Industry Risk Reward Ratings
Table: Europe Real Estate Risk Reward Index
Rewards
Risks
Market Overview
Competitive Landscape
Property Developers
Property managers
Demographic Forecast
Table: Population Headline Indicators (Hungary 1990-2025)
Table: Key Population Ratios (Hungary 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Hungary 1990-2025)
Table: Population By Age Group (Hungary 1990-2025)
Table: Population By Age Group % (Hungary 1990-2025)
Methodology
Industry Forecast Methodology
Sources
Risk/Reward Index Methodology
Table: Real Estate Risk/Reward Index Indicators
Table: Weighting Of Indicators

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