With competition heating up in European real estate markets, it’s time for investors to look to the region’s central and eastern fringes, according to a new report from Cushman & Wakefield.
Economies in countries like Czech Republic, Poland, and Hungary are improving, and the relative shortage of debt “can open up opportunities for equity investors,” the report said.
Prague and Warsaw are the leading property markets in this region, although there are others “with obvious geopolitical risks to consider but also high potential returns,” it said. Budapest “is perhaps the most notable example.”
Some investors are already there…