Red tape is frustrating new development in Central and Eastern Europe (CEE), according to Jean-Francois Ott, CEO of troubled CEE developer Orco Property Group. 'There's an anti-development climate in many cities. But the cities need developers. The construction industry will fall away without developers,' Ott told PropertyEU in an interview at Mipim.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
