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Russia leads sluggish CEE investment market

Posted on 18 June 2009

From Propertyeu.info: Central and Eastern Europe (CEE) recorded a total turnover of approximately EUR 85 mln of property transactions in the month of May, thanks to two investment transactions in Russia, according to CB Richard Ellis’ latest monthly CEE Property Investment MarketView.

This result is close to the average CEE monthly investment volume tracked so far in 2009, CBRE said. With the addition of several transactions from the first quarter of 2009 that were recently made public, the region’s year-to-date property investment volume reached EUR 419 mln by end-May………Full Article: Source


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