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