Central Eastern Europe Region (CEE) offers attractive investment opportunities in real estate, Business Week reports. An analysis by CB Richard Ellis indicates the following:
- Commercial property prices in the region’s capitals are down double digits year-on-year.
- The current return on investment averages around 10 percent and is likely to grow.
- Warsaw and Prague are the most stable markets.
- Budapest (where office space is 33 percent cheaper this year) is a potentially interesting opportunity with much higher risk.
