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Market Overview Croatia H2 2020

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2020 was marked by a global health pandemic, a complete lockdown and a slowdown in most business activities. Although, on the arrival of the coronacrisis, Croatia was in the healthiest economic and investment situation so far. Investor demand is expected to remain strong for core properties this year: high-occupancy properties with prominent tenants and long-term leasehold. However, with the lack of a good product to offer on the market, it is to be expected that investors will also turn towards value-add properties. While demand in the residential market will be affected by the economic situation in the country, primarily the level of employment and wages.

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H2 20 MO CRO 554x310

Market Overview Croatia H2 2020

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Related Experts

Klara Matic

Head of Investment, Valuation & Advisory Services

Zagreb

Klara joined Colliers in March 2014 as a Junior Analyst in the Investment and Valuation Advisory Services department with a focus on market research and valuations of commercial and residential properties across Croatia, Slovenia and Bosnia and Hercegovina.  She has extensive valuation and advisory experience across all property types including office, retail, hotels, residential,  logistics, land etc. Since June 2017 Klara is also involved in Capital markets team which provides sell side or buy side representation.

Prior to joining Colliers and during her studies Klara worked in tourism industry; 3 years at the Zagreb Tourist Board and several summer seasons at ATLAS destination management company in Dubrovnik. Klara conducted her studies in Zagreb and Leipzig and holds a Master of Business Administration degree with emphasis in Finance and Banking from Zagreb School of Economics and Management. Klara also holds Bachelor's degree in Economics from Zagreb School of Economics and Management and Bachelor's degree in Tourism Management from University of applied sciences VERN. Klara is a licenced real estate agent, RICS Chartered Surveyor and RICS Registered Valuer.  

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Petra Mann

Senior Consultant

Zagreb

Petra joined Colliers in February 2016 as a Junior Valuer in the Investment and Valuation Advisory Services department. Her main responsibilities include property valuations, highest and best use studies, feasibility studies, market research and analysis across Croatia, Slovenia and Bosnia and Herzegovina. She is also mentoring junior members of the team. In her work Petra has successfully completed numerous projects for the various real estate segments: tourism (hotel, camps, resorts, marinas), residential, retail (shopping centres, big-boxes), office and industrial properties as well as the development and agricultural land.

Prior to joining Colliers, Petra worked in retail industry for 5 years; in international fashion chain Zara and local fashion companies Magma and Xnation. As an important part of her job Petra analysed the local and global trends on the performance of the company. Petra holds Master’s degree from the Faculty of Textile-Technology, University of Zagreb, Croatia and Bachelor of Science degree in Mathematics and Economics from University of London. In November 2018 she gained the certificate in “Hotel Real Estate Investments and Asset Management” program from Cornell University’s School of Hotel Administration.

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