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Posts Tagged ‘declining Central Europe market’

Commercial Property Investment Decline in Central Europe in 2008

by OP-Mall on Wednesday, January 21st, 2009 in Commercial Property, Czech Property, Hungarian Property, Poland Property

icecream-cow-in-budapest-hungary
Ice cream cow sculpture in Budapest Hungary (credits: Hettie)

As the global property market finds itself in a crippling recession, Central European countries are also feeling the sting of a declining market.Slovakia, Hungary, Poland and the Czech Republic all together experienced a 50% drop in total commercial real estate (office, retail and industrial) investment volume  in September 2008 as compared to the same period in 2007.

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