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The Central European logistics and industrial markets have been thriving with regard to development and demand. However, total stock in the region is still low by European standards, according to analysts, meaning there is plenty of development potential.
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Total stock in the Hungarian industrial market had reached 4.7 million sqm as of the end of the first quarter, according to the Budapest Research Forum (BRF), consisting of CBRE, Colliers, Cushman & Wakefield, Eston International, JLL, and Robertson Hungary. Total stock in the Greater Budapest area stands at 3.3 million sqm, while in the provincial countryside, it has reached some 1.4 million sqm.