Samyang Biopharm to build medical equipment plant in Gödöllő
To build 120,000 sqm warehouse
Upgrade to cut travel time by 15 minutes
Vacancy rates 7.3% in Q2
To help out tourism and Pest county
Coronavirus pandemic squeezes construction sector too
Two out of three people kept visiting local malls
GalCap buys Rumbach Center
Annual output expected to be 5% lower than in 2019
Still 38% below last May
Price competition increases as demand dwindles
Mammoth project with China now hidden from peering eyes
If decline persists for six months, construction output could drop 15% at current prices
Office building market is also under pressure in coronavirus crisis
National federation urges tighter rules on cancelling public contracts
Newly completed homes still up by 30% yr/yr
Transaction numbers down 58% yr/yr
Data for Q4 2019 available
Making quarantine harder
Rents also higher in central areas