Cushman & Wakefield: in 2017, CEE real estate transactions hit a record-breaking volume


Global real estate services firm Cushman & Wakefield presents a summary of a record-breaking 2017 on the commercial property market in Central and Eastern Europe.

According to the latest analysis prepared by the Capital Markets team of global real estate services firm Cushman & Wakefield, investment volumes in Central and Eastern Europe reached nearly EUR 13bn. All CEE countries grew at a similar rate and maintained their share of the overall regional volume. Despite political risk perceptions, Poland grew most rapidly at 9% y-o-y from approx. EUR 4.6bn to EUR 5bn, which was the highest result recorded in the last 10 years.

Poland proved resilient despite political risk perceptions investment volumes up by around 9%: from approximately EUR 4.6bn to more than EUR 5bn. The retail sector outperformed with nearly EUR 1.9bn worth of investments, followed by approximately EUR 1.4bn in the office sector. The warehouse market accounted for almost EUR 900m, while approximately EUR 850m was invested in both the hospitality and mixed-use sectors each. Industrial and hospitality yields stood at 6.75% and 6.5%, respectively, with retail and office yields at 5% and 5.25%, respectively.

Read more (PDF)

Designed by i2D