Budapest
Commercial Real Estate Consultants
   
   
   
   
   
Colliers hírek
Well financed retailers can increase market position in curr
Budapest, August 27, 2009.

The situation on the retail market continued to deteriorate in the first half of 2009 and Colliers forecasts even tougher times ahead. Retail sales declined by 4.2% year on year in May 2009, the 28th consecutive month of contraction. It appears certain that this trend will continue well into 2010 with sustained growth unlikely to return before 2011-2012 at the earliest. “Rents have fallen across all product types for the third consecutive quarter.
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