As core European markets continue to become increasingly tight, the CEE region (excluding Russia) is attracting more capital and witnessing high levels of real estate investment activity.
“With almost nine billion euro in real estate transactions, 2015 represented the third-highest CEE regional investment volume on record,” Stuart Jordan, head of capital markets CEE at JLL, said in a news release.
“While Poland and the Czech Republic attracted 76 percent of regional volume, 2015 saw growth and continued interest also in Hungary, Romania and Slovakia. Further to this, the SEE region is showing strong signs of attracting new equity sources to the region, with Serbia leading the way in terms of large institutional grade transactions. Investor appetite is set to continue and considering the ongoing deals and those in the pipeline, we expect 2016 to be another good year for Central and Eastern Europe markets,” he said.
For the full story, please visit The Prague Post.
(Photo: Daniel Wildman/sxc.hu)
Read more: http://praguepost.com/realty/praguepostnews/realty/cee-real-estate-investment-hits-9-billion-in-2015#ixzz3yTSKAcJ2
Follow us: @praguepost on Twitter | praguepost on Facebook