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Real Estate Briefing - Categorized | Investment, Performance more

CEE volumes climb in Q4 as investors hunt for prime

Posted on 27 January 2012

Foreign investors widening their search for prime properties helped push the 2011 transaction volume for Central and Eastern Europe to more than EUR 11 bn - double that of the previous year, according to CRBE. PropertyEU’s analysis of EUR 20 mln-plus deals during the fourth quarter tracked more than EUR 1 bn of activity by cross-border investors in the region.

The deal in Poland, for instance, involved Qatar’s sovereign wealth fund QAI buying the new Warsaw headquarters for telecoms group Telekomunikacja Polska from developer Bouygues for EUR 90 mln……………………………………….Full Article: Source


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