Commercial real estate investment in Central Europe dropped by 55% year on year in 2023 to €5.02bn because of the continuing economic uncertainty, according to a report by commercial real estate agency Cushman & Wakefield released on February 26. “Evidently, prices have not bounced back enough to satisfy sellers, and buyers have not adjusted to the new pricing. Hence the low investment activity,” said Jeff Alson, Head of Capital Markets CEE at Cushman & Wakefield. The real estate agency said the market in Central Europe (Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia) is u…
