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CEE property investment drops 35pct to EUR7.4bln in 2012 - CBRE

Posted on 08 January 2013

Despite solid year-end results in Poland and Russia, commercial real estate investment in central and eastern Europe slid 35% to €7.4bn in 2012, consultant CBRE reports. Russia and Poland are increasingly driving volumes, despite decreases of around 20% in both markets.
A clear difference exists between prime assets in key locations such as Warsaw, Moscow and Prague - where investor interest has remained intact - and the rest of the CEE property market, which is struggling to attract investors. Due to limited availability of quality retail stock, the office sector has remained the most liquid, with 40% of total volume………………………………………..Full Article: Source


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