Colliers’ commercial real estate investment volume in Central and Eastern Europe rose 6 percent last year

By: Trademagazin editor Date: 2022. 04. 06. 11:12

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Despite the disruption caused by the pandemic, last year the volume of commercial real estate investment reached 11.07 billion euros in the Central and Eastern European region, an increase of 6 percent year-on-year, but 20 percent lower than in 2019, Colliers told MTI with on Wednesday.

Commercial real estate investment rose to over 11 billion euros last year

The international real estate consulting and service company originally estimated that volumes could exceed 12 billion euros by the end of 2022, but the war in Ukraine affected that outlook.

The announcement cites Kevin Turpin, Colliers ’director of regional capital markets for Central and Eastern Europe, who said investors could take a wait-and-see stance on investing in the Central and Eastern European region. (MTI)