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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