A significant amount of money, unseen in years, is flowing into the Hungarian market: we have regained an important position in the region.
The Hungarian commercial real estate investment market achieved a transaction volume of 610 million euros in the first half of the year, which is the strongest period since 2021. According to Colliers’ forecast, the volume could reach 1.2-1.3 billion euros by the end of the year. 74 percent of the buyers are domestic, while Western European capital has remained away. Following the spring elections, the yield on 10-year government bonds decreased and the forint strengthened, which improved the investor sentiment. In the office market, speculative vacancy is decreasing, but the supply pressure has disappeared and net absorption has stabilized.
The Hungarian commercial real estate investment market reached a transaction volume of 610 million euros in the first half of the year, which is the strongest period since 2021, and according to Colliers’ forecasts, it could reach 1.2-1.3 billion euros by the end of the year. The market was characterized by strong domestic dominance, with 74% of buyers being domestic players, while Western European capital remained distant. After the spring elections, the yield on 10-year government bonds fell by 200 basis points, and the forint strengthened by more than 10%, which positively affected investor sentiment. In the office market, the trend of speculative vacancy is decreasing, but experts have pointed out that supply pressure has disappeared and net absorption seems to be stabilizing.
