CEE REGION CEE real estate volumes up in H1 – Savills

Of the countries surveyed by Savillls, Germany was the most resilient, recording a rise of 31 pct y-o-y in H1, representing EUR 10 bln of additional investment. It was followed by Luxembourg (up 173.1 pct), Portugal (42.2 pct), the Czech Republic (11.2 pct), Poland (4.6 pct) and Romania (3.2 pct). The countries with the biggest drop-offs in volumes were Ireland (-44.5 pct), Norway (-38 pct) and Italy (-29.5 pct). During downturns, opportunistic funds are the first to start hunting for discoun