Foreign buyers are the major force at the prime end of the market in CEE, even though the cross-border element as a percentage of the volume has dropped from almost 100% in 2005 to just above 60% now.
However, cross-border investors are facing a shortage of prime assets following a bumper year in 2011, according to Jos Tromp, director, head of research & consulting CEE at property adviser CBRE………………………………………..Full Article: Source