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Top 10 predictions for CEE-6 in 2023

As we enter 2023, we look ahead to what challenges and opportunities the year will bring from the CEE countries. The global and local political, economic and business challenges in the market changed dramatically since the beginning of 2022 and as such, the region enters the year in general slowdown. Only in 2023 will we start to see the full impact of these events manifested in the real estate market.

Still, some opportunities remain. Even in 2023, the real estate market in the CEE will continue to tackle the challenges of the past two years, brought on by the impacts of Covid on people’s lives and habits. A change in perceptions will continue there and elsewhere as the impacts of the upcoming European Green Deal legislation broaden.

As you navigate these turbulent times, we believe that our insights, based on data, observation, and knowledge of the markets we cover, will prove interesting and valuable gauging the Central and Eastern European region for this year.

We hope you find this an interesting read!


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Silviu Pop

Director

Bucharest

Before joining Colliers mid-2017 as Head of Research for Romania, Silviu Pop worked with ING Bank for close to three years as an economist, covering macroeconomic/financial market themes for Romania, Bulgaria, Serbia and Croatia. As of October 2022, he holds the position of Director for Research for the CEE and Romania. His previous professional experience includes working almost 7 years as a financial journalist at various media outlets in Romania, including the sole business-oriented TV station in Romania, where he hosted a daily show for a period of time; during this interval,  he won a number of scholarships, including a stint with Reuters. He holds a BSc in economics at the Bucharest University of Economic Studies.

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