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CEE Investment Market Outlook H1 2024

11/4/2024

In the first half of 2024, Central Europe’s commercial real estate market is experiencing a cautious yet measurable recovery, highlighted by a 43.4% year-over-year increase in investment volumes, particularly driven by a resurgence in Poland. Despite ongoing economic challenges, sectors such as logistics and industrial real estate are showing strong resilience.

Looking forward, the CEE commercial real estate market is anticipated to continue its recovery trajectory and is likely to converge to pre-Covid levels of activity in 2025. The industrial and retail sectors are expected to outperform, while office spaces may see a slight decline. The anticipated return of international capital could further strengthen the market, though local investors are likely to remain key players in the interim

MEET THE TEAM

Jeff Alson - Prague
Jeff Alson

International Partner, Head of Capital Markets CEE
Prague, Czechia


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MichalSotk
Michal Soták

Partner, Head of Capital Markets CZ
Prague, Czechia


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PaweS_Partyka
Paweł Partyka

Partner
Warsaw, Poland


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Mike Edwards
Mike Edwards

Head of Capital Markets Hungary
Budapest, Hungary


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Rudol-Nemec
Rudolf Nemec

Partner, Head of Capital Markets Slovakia
Bratislava , Slovakia


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