News
231% growth in investment in commercial properties in CEE
19.01.2010
Direct investment in commercial properties in Central and Eastern Europe (CEE) has surged by 231 percent for the second half of 2009 compared to the first.Total of 1.606 billion euros were invested in the region during the period compared with 486 million euros in first six months.
This Central and Eastern Europe ranks first in growth among the markets in Europe. CEECs is followed by Germany and France increased by 116 and 102 percent respectively, according to a report of the consultancy firm CBRE.
Europe-wide growth is 71% for the second half as the investment is almost 44 billion euros from 25.7 billion euros in the previous six months.
According to the company to increase investment in Europe for the last quarter was 40%, the biggest increase in volume of the collapse of Lehman Brothers here.
Lowest growth rate for last year reflect the market on the Iberian Peninsula - 18%, as the basis, however there is significantly higher than that in CEE. The volume of these markets has risen to 2.24 billion euros in the second half of 2009 from 1,9 billion in the first six months.
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