Do frontline workers workers providing essential services like healthcare use radios? According to one recent survey, 44% of frontline workers now use push to talk "walkie talkie" functionality, essentially on their smartphones. Despite the trend, there remains a robust market for two-way worker radios.
This has been a restrained year for development activity in the office and retail fields. That in the industrial and hotel sectors, however, has been more dynamic. Investment activity has reflected the cautious wait-and-see strategy being adopted by investors towards the Hungarian property markets and, indeed, CEE and Europe as a whole.
Investment figures for the first three quarters of the year (the most up-to-date statistics at the time of writing) have fallen in Hungary and Central and Eastern Europe, according to iO Partners and JLL and Colliers. This reflects the current cautious wait-and-see strategy being adopted by investors.
In addition to a market correction, with yields moving out from the current 5.25% for office and 5% for industrial, the other major ongoing issue for the investment market is the need for both purchasers and vendors to conclude deals based on ESG criteria in accordance with the EU Taxonomy.