After 2015, industrial investments may also break a record this year in Hungary.
There was a significant increase in demand in Hungary for income-producing industrial properties bought for investment purposes in the past two years. China's Shanghai Feilo Acoustics owned Inesa Europe purchased more than 16,000 square meters of industrial property under such a deal. The distribution center located at Dunakeszi serves the European customers one of the largest LED manufacturers in China.
Commercial real estate investment remained strong across Europe in Q2 2016 totaling €54.0 billion, up 2.5 per cent on Q1 2016 and 30.4 per cent on the ten year average. Investment into CEE countries for H1 2016 registered a substantial increase (59%) compared to same period of last year, reaching almost €5 billion. Expectations are that for the entire year, investment volumes will reach and exceed the record volumes of 2015, with all CEE countries expected to perform strongly.
FM Logistic increased its rental area at the Szigetszentmiklós industrial park to 21,170 square meters
Within the framework of this year's second-largest lease transaction, FM Logistic extended its contract and increased its rental area at the M0 Central Business Park. With the new 21,170 square meters total area lease - supported by property consultant CBRE - the industrial park is now completely full.
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