Eastern Europe property investment activity doubled in 2011, report shows

Investment activity in the core Eastern Europe property markets of Poland, Czech, Slovakia, Hungary and Romania increased in 2011, according to global property consultant Cushman & Wakefield.

It reached €6.1 billion, more than double the €2.9 billion invested in Central Europe during 2010. Poland continues to lead the region, but Czech experienced the largest increase in transaction volumes year on year, increasing from €479 million in 2010 to €2.2 billion in 2011. Poland remained in front with €2.58 billion transacted in 2011.

Hungarian investment volumes increased from €240 million to €728 million, Romania edged forward with volumes increasing from €241 million to €320 million, whilst €263 million was transacted in Slovakia in 2011, up from €53 million in the previous year.

Source: Property Wire