SCD Holding buys Interfruct cash and carry stores
SCD Holding announced on Monday that it has purchased 22 Interfruct cash-and-carry stores for an undisclosed price from Germany’s Tengelmann.
Archive: September 2005.
Investment properties-Market Report 2005/1
Investor confidence increased significantly after Hungary joined the European Union and due to the number of investment opportunities that entered the market last year.
Retail units-Market Report 2005/1
Though there was no progress in the first half of 2005 in the volume of shopping centers located in the capital, the publication of project plans reveal that we can’t really speak of save developer disinterested in this segment.
Industrial properties-Market Report 2005/1
The segment of warehouse properties has remained balanced in the first half of 2005. The growth-rate of developments diminished as the market experienced a slight decline in demand. New large-volume projects were absent in the field of warehouse investments.
Offices-Market Report 2005/1
2004 was a memorable year in the Budapest office market, a year when rental transactions hit record highs (230,000 sqm). These figures presumably will not be repeated, but the rate of newly opened and rented office space is still encouraging. In the first six months of the year, nearly 46,000 sqm of office space was opened in seven buildings, while rental transactions were up to 120,000 sqm on aggregate when coupled with extended contracts and pre-leases.
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