A favorable economic situation and a very good performance of the CEE cities drive demand for new investments, including in the office market, according to CEE Investment Report: Thriving Metropolitan Cities, a flagship publication by Skanska, Colliers International and Dentons.
The office stock has been growing over recent years and now totals 21.8 million square meters (235 million square feet) throughout the entire CEE. Forecasted completions by 2021 will increase it by another 20 percent — to 26.5 million square meters (285 million square feet). Last year’s investment in real estate markets in CEE reached approximately €13.2 billion ($14.5 billion), with over €5 billion ($5.5 billion) in the office market.
One of the most important trends covered by the new CEE Investment Report is that the strong development of the office market has attracted an unprecedented inflow of overseas capital, ranging from South Africa to Asia. Since 2013, the CEE regi
