The CEE investment volume for the first quarter increased by 59 percent y-o-y, surpassing €5bn, according to the latest CBRE report. The investment volume for 2016 is expected to exceed the record set in 2015. The retail sector drove investment activity in Q1, with a multitude of prime or close-to-prime deals closed, mostly in regional cities.
“As we predicted at the start of the year, 2016 is rapidly reaching new record levels for the entire CEE region. While a slowdown might be expected in light of the recent political turmoil, interest for the region is strong, considering a solid macro-economic base and quality of assets available for transaction. If the rhythm of transactions continues, investors will face scarcity of attractive products, up for sale”, said Andreas Ridder, chairman of the CEE region at CBRE.
