Reasons to be cheerful

The mood at Eurobuild Conferences' 'Open Road to Funds' conference on investment funds was rather optimistic. However, a certain measure of uncertainty could be felt among the representatives of Polish funds, but the biggest players are looking to the future with some confidence A handful of numbers to start with: according to Jones Lang LaSalle's data, the value of transactions on the investment market in the CEE region reached EUR 1.85 bln in Q1 this year - nearly three-times more than in the same period of 2010. The experts now believe that we can look to the future with optimism. There are indications that the volume of investment transactions in 2011 will reach EUR 4.5 bln, easily exceeding the 2010 figure of EUR 1.5 bln. Were the participants of the 'Open Road to Funds' conference also as positive? Generally speaking, they were. Dirk Ruppert, the general manager of Pramerica Real Estate Investors, and Otis Spencer, the co-head for Europe of Heitman, spoke about Poland's prospect