The value of investments in Central Europe is increasing

Poland is still the Central Europe's leader. There are good prognoses for the next semester.

Cushman & Wakefield sum up the investment's transactions market in Central Europe. In the first half of 2013, the transaction value reached 1 million Euros, and in the next six months could be even higher.

In the second quarter, the investment's transaction  in Central Europe,  Poland, the Czech Republic, Romania, Slovakia and Hungary, was worth 631 million Euros. This is more than in the same period the year before. In general, an increase of 24% in the first half of 2013, has been imported compared to the first six months of the year of 2012. Experts predict that the overall value of investment transactions in the current year will be greater than in the past.

The level of activity on the capital markets of Central Europe in the first half of 2013 was in line with expectations with Poland beind at dominant position (in the first half of 2013 transaction value of investments in Poland amounted to 1.09 billion Euros), but more interesting will be the next half of the year due to finalizing several important transactions and offering on the market a number of large assets. Soon we should be expecting positive information from the Czech Republic and Hungary, relating to the realized transactions – commented Charles Taylor, Managing Partner at Cushman& Wakefield in Poland. Poland remains a leader in the region. Our country was up to 72% of the total value of the investment. The greatest interest among investors was the office sector, which was responsible for 50% of the total value of the investment in the first half of 2013.

Soren Rodian Olsen, Director of Investment in the office and warehouses Real Estate at Cushman & Wakefield in Poland, pointed out: That is due to the the investors' increased interest in the best of office and Warehouses Real Estate, in Poland, there may be concluded a series of deals with fairly aggressive interest capitalization, in the second half of 2013.

The most important transactions, in the period we discussed, were purchase of an office building “Senator” in Warsaw by Union Investment and the purchase of “Apollo Business Center IV” in Bratislava by Ceska Pojistovna.

Given the number of transactions to be conducted, availability of good-quality investment products and investors sustained interest in Central Europe, the volume of investment in the region may exceed last year's, which amounted to 3.8 billion Euros - said Charles Taylor.

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