WALTER IMMOBILIEN has invested in Hungary, in fully-developed properties in TOP locations to the west of Budapest. These plots - available in sizes from 5,000m² - are rented on a long term basis.
In times like these "renting land instead of buying" is now an attractive alternative, where the financing of projects has become much more difficult and renting reduces the necessary capital. For potential tenants, the project financing for buildings that have not yet been constructed is reduced.
The total amount of space available in Budaörs, Törökbálint and Biatorbágy is 380,000m². Approximately 23,000m² have already been rented long term.