CEE real estate investment volume 28% up in 2014

The total investment volume in the CEE region (excluding Russia) amounted to €7.7 billion, 28 percent more than in 2013, a report by CBRE stated. With €3.1 billion, Poland accounted for 40 percent of the total volume. The increase in CEE investment deals is mainly due to the increased investor interest in Hungary, Romania and Slovakia, which recorded an increase of 71 percent, 220 percent and 72 percent respectively. The total value of investment in these three countries stood at €2.1 billion in 2014. The volume of deals in the office segment was €3.88 billion, a 61 percent surge year-on-year. The retail segment recorded a 7 percent drop y/y (€1.76 billion in 2014). The industrial segment saw a 39 percent increase, with €1.68 billion worth of transactions closed in 2014, while the investment volume in the hotel segment grew by 15 percent to a total of €367 million.