The commercial real estate market of Eastern and Central Europe, including in Russia, practically reached the level of 2008 in terms of investment – as of the end of November this year, this indicator was equal to 8.7 billion. Euro.
This year, of course, will be less than in 2007, but the market was practically at the 2008 level.
As experts noted, money invested in commercial real estate of Eastern and Central Europe, during January-November of this year, amounted to the amount, twice as much than the same time last year.
But during the 4th quarter of this year, the volume of investments in commercial real estate of Eastern and Central Europe has significantly fallen. According to CBRE, although this year there were good indicators, problems with the debts of the eurozone states were reflected in the number of transactions.
As a result, according to forecasts, throughout the quarter, the entire amount of investment investment in commercial real estate of Eastern and Central Europe will be equal to only 550 million. euro, and over the past 3 quarters, this indicator was at least 2.5 billion at least. Euro.
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