Romania gets 7% of property investments in CEE
Real estate investment in Central and Eastern Europe reached EUR 5 billion last year, up 90 percent on 2009, with Romania drawing in 7 percent of the total, according to property consultants CB Richard Ellis.
Romania Insider · Journalist
· Updated · 1 min read
Real estate investment in Central and Eastern Europe reached EUR 5 billion last year, up 90 percent on 2009, with Romania drawing in 7 percent of the total, according to property consultants CB Richard Ellis. Out of the entire invested sum, 74 percent went to Russia and Poland, and liquidity remained low in most CEE countries, despite signs of an activity increase. According to CBRE data presented at the end of 2010, Romania's investment market stood at EUR 335 million, up 47 percent on the year. Regarding the investment yields, CBRE analysts noted compression on most CEE markets, including Romania. The Bucharest yields compressed by 0.25 percentage points for logistic parks and by 0.5 percentage points for office buildings. Mediafax
