According to the European real estate Agency Cushman & Wakefield, currently, the index of Central Europian countries is much better than overall on the continent. In this region the number of transactions for commercial properties decreased by only 5%, while overall in Europe investment fell by 14%.
Between Central European countries (Czech Republic, Slovakia, Poland, Hungary, Romania) the leader is Poland. Of the 44 transactions in 1Q of 2016 half took place in Poland. The volume of investments reached €500 million and thus increased by 17% compared to the same period of the last year.
In Poland together with foreign investors local investors are active as well. Therefore, even with reducing of foreigners activity, the local population will not allow an attenuation of the market. Although this situation is unlikely: the European investors are now very initiative in Central Europe. Besides, in the near future it is expected an influx of new investments from South Africa.
Last year, the experts noted the increase of investment activity in the Czech Republic. Now, however, investments in this country declined by 68%. Romania follows Poland with a large gap – she took second place in the ranking of countries of Central Europe. Total volume of investments in Romanian commercial real estate amounted to €288 million. The volume of transactions has also increased in Hungary and Slovakia.
According to the materials of newbud.ua
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