Real Estate Opportunities Grow In Central Eastern Europe Region

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.