German funds drive investment surge in CEE: CBRE

Central and Eastern European (CEE) commercial real estate investment turnover reached EUR 1.7 bn in the first half of 2010, a 190% increase compared to activity levels recorded in H1 2009, according to the latest data from CB Richard Ellis (CBRE). On a quarterly basis, investment activity in the region rose to EUR 970 mln in the second quarter of 2010, an increase of 34% compared to volumes seen in Q1 2010, but still considerably lower than the levels seen in the period before Q4 2008.

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