{"id":728,"date":"2018-08-13T22:05:24","date_gmt":"2018-08-13T22:05:24","guid":{"rendered":"http:\/\/ceo.com.pl\/en\/?p=728"},"modified":"2018-08-13T22:05:24","modified_gmt":"2018-08-13T22:05:24","slug":"investment-flows-into-the-cee-6-region-rose-4-yoy-in-h1-2018","status":"publish","type":"post","link":"https:\/\/ceo.com.pl\/en\/investment-flows-into-the-cee-6-region-rose-4-yoy-in-h1-2018\/","title":{"rendered":"Investment flows into the CEE-6 region rose 4% YoY in H1 2018"},"content":{"rendered":"<p><strong>Polish volumes were the drivers of the momentum in the first half of the year. Slovakia saw a rebound in deals whilst Hungary and Czechia saw much slower flow than a year ago, reveals Colliers International, the global industry-leading real estate services company, in its latest 2018 mid-year CEE Investment Scene.<\/strong><\/p>\n<p>Investment flows into the CEE-6 region rose 4% yoy in H1 2018, marginally exceeding the pace of 2017\u2019s record year.<\/p>\n<p>A combined 26% of the money in H1 came from domestic sources within the CEE-6 countries or CEE cross-border flows. US, UK and Western European funds were all net sellers of CEE commercial real estate in the period, broadly repeating the pattern observed in 2016 and 2017.<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-729\" src=\"http:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/08\/Dynamika-polskiego-rynku-inwestycyjnego.png\" alt=\"Dynamika polskiego rynku inwestycyjnego\" width=\"871\" height=\"491\" title=\"\" srcset=\"https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/08\/Dynamika-polskiego-rynku-inwestycyjnego.png 871w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/08\/Dynamika-polskiego-rynku-inwestycyjnego-300x169.png 300w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/08\/Dynamika-polskiego-rynku-inwestycyjnego-768x433.png 768w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/08\/Dynamika-polskiego-rynku-inwestycyjnego-696x392.png 696w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/08\/Dynamika-polskiego-rynku-inwestycyjnego-745x420.png 745w\" sizes=\"auto, (max-width: 871px) 100vw, 871px\" \/><\/p>\n<p>Polish volumes (58% of the CEE-6 total) were the drivers of the momentum in the first half of the year, on the back of a continued strong performance from the economy. Slovakia saw a rebound in deals this year whilst Hungary and Czechia saw much slower flow than a year ago. A relative lack of supply of product for sale appears to be a factor in these latter two markets.<\/p>\n<p>On the sector front, office (up 51%) nearly caught up with retail (almost flat year-on-year) flow; the expected stimulus from more development completions at this stage of the cycle appears to be occurring.<\/p>\n<figure id=\"attachment_643\" aria-describedby=\"caption-attachment-643\" style=\"width: 287px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-643\" src=\"http:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/03\/Robinson-Mark_Colliers_-287x300.jpg\" alt=\"Mark Robinson, CEE research specialist, Colliers International\" width=\"287\" height=\"300\" title=\"\" srcset=\"https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/03\/Robinson-Mark_Colliers_-287x300.jpg 287w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/03\/Robinson-Mark_Colliers_-768x804.jpg 768w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/03\/Robinson-Mark_Colliers_-979x1024.jpg 979w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/03\/Robinson-Mark_Colliers_-696x728.jpg 696w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/03\/Robinson-Mark_Colliers_-1068x1118.jpg 1068w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/03\/Robinson-Mark_Colliers_-401x420.jpg 401w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2018\/03\/Robinson-Mark_Colliers_.jpg 1701w\" sizes=\"auto, (max-width: 287px) 100vw, 287px\" \/><figcaption id=\"caption-attachment-643\" class=\"wp-caption-text\">Mark Robinson, CEE research specialist, Colliers International<\/figcaption><\/figure>\n<p><strong>Mark Robinson,<\/strong> <strong>CEE Research Specialist, adds: \u201c<\/strong>The yield compression we have observed in 2016-17 slowed markedly in the first half of 2018, with just a narrowing of prime office yields in Prague and Warsaw to note. We expect further compression over the next 12 months in just the Budapest and Bucharest office\/industrial sectors. Looking at fundamentals, we foresee 6 increases amongst the 12 key capital city vacancy rates in Office and Industrial that we follow, after several quarters of falling vacancies across the region. Increasing supply appears to be a factor in play. Rental growth dynamics look strongest in the CEE industrial sector and in Budapest\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polish volumes were the drivers of the momentum in the first half of the year. Slovakia saw a rebound in deals whilst Hungary and Czechia saw much slower flow than a year ago, reveals Colliers International, the global industry-leading real estate services company, in its latest 2018 mid-year CEE Investment Scene. Investment flows into the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"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":[14,8],"tags":[289,299,63,262,2754,172,66,82],"class_list":["post-728","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investing","category-real-estate","tag-colliers","tag-colliers-international","tag-hungary","tag-mark-robinson","tag-play","tag-prague","tag-slovakia","tag-warsaw"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/728","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=728"}],"version-history":[{"count":0,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/730"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}