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CEE property markets won´t see a ‘gold rush’

Posted on 10 April 2012

Real estate investment markets in Central and Eastern Europe (CEE) are attracting a growing number of cross-border investors, but there is no ‘gold rush’, according to Martin Erbe, head of CEE at German lender Helaba.
‘Gold rush for me is a negative word because the US gold rush (of the 1840-50s) left deserted villages in its wake. I think when investors move on from CEE to Russia, hopefully, they will not leave Warsaw as a deserted city,’ Erbe said………………………………………..Full Article: Source


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