Q3 investment activity in CEE has doubled compared to Q2 - C&W
12:31
Investment activity in the core Central European markets of Poland, Czech Republic, Slovakia, Hungary and Romania accelerated significantly in Q3 with over €1.8 billion invested, compared with €889 million in the previous quarter, according to Cushman & Wakefield. Year to date, €4.16 billion has been invested in the region which is comparable to the same period last year.
"This result shows that Q3 activity has doubled compared to Q2 as per our predictions. Investment volumes are running some 34% ahead of the 5 year average, evidence of the market’s positive mood, particularly for Poland and the Czech Republic, "James Chapman, Partner, Head of CEE Capital Markets at Cushman & Wakefield said.
Poland continued to be the primary destination for international capital as investment activity doubled in Q3 reaching €800 million, compared with €365 million for the previous quarter, C&W reported. Czech Republic is next down the line with €428 mn invested in Q3, followed by Romania and Hungary with €338 mn and €242 mn respectively.