Higher risk investors are increasingly interested in markets like Romania and Hungary, the Financial Times reports. Dimitris Raptis, the deputy general manager at Globalworth Real Estate Investments, predicts that interest in Warsaw and Prague will lessen as the focus moves to other capital cities in Central and Eastern Europe.
The region is expected to see a lot of growth in the coming years. Russia saw a 40-percent increase in real estate transactions in 2013, according to CBRE, while the Czech Republic posted a 68-percent jump in deals. Poland, meanwhile, only saw 9 percent growth last year.