Poland is attracting strong interest from Asian investors. In the Czech Republic investment is heavily dominated by Czech buyers, while in Romania the investment volume last year reached nearly 1 billion euro. Despite some obstacles to development, the prospects for all three markets are very promising.
Polska – rekordowy rok w sektorze inwestycyjnym na rynku nieruchomości
In the course of 2018, due to the improving occupancy rate, the gap between headline and effective rents has continued to close, with a further contribution in the form of a substantial increase in construction and fit-out costs recorded over the past two years
Marcin Klammer, Chief Executive Officer Central and Eastern Europe BNP Paribas Real Estate
The Czech Republic – stable and mature market with low investment risk
The Prague prime high street has a unique position in the retail hierarchy. It has seen sustained rental growth over recent years and rental levels are forecast to continue rising. The industrial market benefits from booming e-commerce, and occupier demand is expected to remain strong this year
Erik Drukker, Country Head BNP Paribas Real Estate Czech Republic
Romania – not only Bucharest
Although economic growth in recent years was driven by private consumption, very few new retail schemes were completed. A couple of retail developers are targeting smaller cities with retail parks driven by chain anchor tenants from the food industry and shopping centres offering an attractive tenant mix of local and international brands
Olga Melihov, Country Head, BNP Paribas Real Estate Romania