03.05.2011 - CEE property investment almost triples
Investment deals in Central and Eastern Europe real estate totaled approximately €1.85 billion in Q1 2011, according to a report by property consultants Jones Lang LaSalle. The transactions were spread across the office (over 40 percent), retail (28 percent) and industrial (26 percent) sectors and almost tripled the first quarter investment totals from 2010. Czech property investment accounted for €465 million of the total and came through three transactions — the VGP logistics portfolio, Keystone and CA Immo’s take-over of Europolis..............................................Full Article: Source
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