Real Estate Investment In CEE Up 90% YY In 2010, To EUR5B - financiare.ro
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News » January, 2011 » 11 January 2011

Real Estate Investment In CEE Up 90% YY In 2010, To EUR5B
11.01.2011, 17:23 | Real Estate | 769 views



Real estate investment in Central and Eastern Europe reached EUR5 billion last year, up 90% on 2009, with Romania drawing in 7% of the total, according to property consultants CB Richard Ellis.

Out of the entire invested sum, 74% went to Russia and Poland, and liquidity remained low in most CEE countries, despite signs of an activity increase.

According to CBRE data presented at the end of 2010, Romania's investment market stood at EUR335 million, up 47% on the year.

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