CEE region ramps up
According to CB Richard Ellis the total amount invested in institutional property in the established CEE markets in 2005 was EUR 5.8 (zł.22.8) billion, an increase of 39 percent. Since 1998 a total of EUR 14.3 (zł.56.2) billion has been invested in the region, 86 percent being injected in the last three years. Some 44 percent of all investment was in office properties and 39 percent in retail. The remaining 17 percent was invested in mixed-use, hotel, and industrial properties. Poland attracted 49 percent of the total investment in CEE. (Real Estate Newsletter)