<\/span><\/h2>\nWe have recorded very little movement in prime yields, primarily due to the ongoing lack of transactional evidence to support further shifts. \u201cOur view remains that while some shifts are inevitable, core, well performing assets should hold up well, with more pressure on secondary product. Due to the high levels of interest from investors in logistics assets, we expect to see further compression in this asset class\u201d adds Kevin<\/strong> Turpin<\/strong>.<\/p>\n<\/span>CEE FLOWS BY ORIGIN OF PURCHASER<\/span><\/h2>\nWestern and Northern European funds have dominated the first quarter of 2021, accounting for 50% of volumes, with capital coming mainly from the UK and Germany. CEE domestic investors, consisting of mainly Polish, Czech and Hungarian capital, have also remained very active, particularly in their own respective domestic markets. While travel restrictions challenge the ability for many investors to view opportunities and dampen investment volumes, capital from Singapore and South Africa managed to deploy.<\/p>\n
<\/span>KEY ECONOMIC INDICATORS<\/span><\/h2>\nSubject to the pandemic being brought under control and allowing economies to function with less restrictions, CEE economies are expected to begin recovery throughout 2021 and 2022, at an average pace of ca. 4.3% annually. Unemployment rates have risen during 2020, although perhaps not as high as some would have expected. As a result, this has reflected well on the outlook for growth in retail sales, which will hopefully deliver some much needed positivity to retailers and the property sector.<\/p>\n","protected":false},"excerpt":{"rendered":"
According to Colliers, a leading diversified professional services and investment management firm, Western European capital, particularly German and UK funds, was most active and responsible for ca. 50% of all volumes in Q1 2021 across the CEE region. Kevin Turpin, Regional Director of Research | CEE, Colliers explains: \u201cAs the pandemic continues to impact on […]<\/p>\n","protected":false},"author":1,"featured_media":1627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[289,299,62,2721,63,96,64,2731],"class_list":["post-1626","post","type-post","status-publish","format-standard","has-post-thumbnail","category-real-estate","tag-colliers","tag-colliers-international","tag-czech-republic","tag-emea","tag-hungary","tag-kevin-turpin","tag-poland","tag-professional-services"],"jetpack_publicize_connections":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/1626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/comments?post=1626"}],"version-history":[{"count":0,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/1626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/1627"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=1626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=1626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=1626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}