2018 was the second year in a row in which a new record was set in the commercial property investment markets of Central and Eastern Europe, according to a report prepared by BNP Paribas Real Estate in cooperation with Act Legal, HAYS and Robertson. The first half of 2019 also turned out to be record-breaking, which allows one to be very optimistic about the result expected for the entire year, wrote the authors of the study, which focused on the four largest countries of the region: Poland, Hungary, the Czech Republic, and Romania.
“The dynamic development over the past five years has strengthened investors’ positive perception of the commercial real estate market in Central and Eastern Europe. Compared with mature Western European markets, yields in our part of Europe are significantly higher. At the same time, the region is defined by the availability of high-quality properties and highly qualified staff,” said Piotr Krawczyński from BNP Paribas Real Estate Poland.