CEE’s investment market shrank throughout the CEE region in the second quarter of the year, reaching a total of just €327m. That’s a 60 percent decline compared with the first three months of 2012. Moreover, property transactions fell to €1.2bn over the first six months of 2012. “After two years of stable growth seen in 2010 and 2012, investment volume fell in Central and Eastern Europe in 2012 by 47 percent,” says Magali Marton, DTZ Research department director, responsible for CEMEA markets.
There were however some discrepancies between the markets. The Czech market, after a relatively weak first quarter, saw a significant increase in investment volume, from €20m to €159m, while Poland’s deals fell in Q2 2012 from €717m in Q1 2012, to €122m.