Fears that the recent sell-off in Hungarian assets might spread to commercial property markets across CEE are probably overdone. But in reality it will be hard to distinguish contagion effects from the impact of weaker economic growth and the risk of renewed credit crunch. Both will dent investment demand and raise investors’ required yields across the region.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services