Central and Eastern Europe (CEE) has become a mature and professional market, thanks to its strong fundamentals and liquidity, attendees at PropertyEU’s panel discussion on the region heard at Expo Real.
The discussion on the opportunities offered by the CEE region was co-hosted by Savills and featured a panel of five market experts.
‘It was encouraging to hear the positive sentiment about the Central and Eastern European real estate market, especially offices in the capital cities as well as secondary cities in Poland. It’s a view we share and we’re developing offices in those places quite successfully,’ said Tom Lisiecki of Trigranit.
‘CEE is no longer an emerging market, it’s a mature market, and it’s a professional market. There’s a lot happening but there’s still a lot of potential,’ noted Pepijn Morshuis of Trei Real Estate.
Ben Maudling of Savills observed that while Poland takes up 50% of investment in the region, markets like Slovakia and Romania are ‘coming up very quickly,’ .
Given the strength of its real estate fundamentals and its ample liquidity, CEE has become ‘part of the wider conversation of European investing’, said Shiraz Jiwa of The Valesco Group. ‘ It’s not an emerging region but a developed region.’
Richard Wilkinson of CTP, said: ‘CEE is the most interesting market in Europe, CTP is the most interesting player in logistics, and logistics is the best place in real estate at the moment.’
A full report on the panel discussion will appear in the November issue of PropertEU Magazine