lh x cw market report A4_23.03.02 v34 interactive72

THE STRONG CREDENTIALS TO LOGISTICAL AND

INDUSTRIAL BUSINESSES HAVE BEEN MAINTAINED

Hungary retained its leading position in the world rankings in 2022, according to the annual Manufacturing Risk Index (MRI) survey by Cushman & Wakefield, which assesses criteria such as operating costs, labour, economic and political risks. Hungary was ranked 11th out of 45 countries in the world with the best manufacturing conditions. Eastern European competitors and one of the lowest labour costs in the region, Hungary is particularly well placed to benefit further. Hungary has a comparative advantage over Poland in terms of quality and skilled labour, over the Czech Republic mainly in terms of rental costs, and over Slovakia in terms of price advantage in local currency. These offer a number of opportunities for tenants, landlords/developers and agencies alike. With a more extensive transport infrastructure than its main Central and

Industrial

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