Colliers | Investment flow into the CEE-6 real estate arena is -21% lower than the Q1 record set in 2018 but East Asian and domestic money remain active.

Investment flow into the CEE-6 real estate arena is some -21% lower than the Q1 record set in 2018. The Q1 2019 CEE Investment Scene infographics presents the breakdown of the EUR 2.3bn of capital deployed into the CEE-6 countries thus far this year. The most significant factors in the decline are lower flows in Poland (-60% year-on-year) versus a strong Q1 2018 and extreme weakness in the retail sector, with CEE-6 volume just EUR 161mn in the quarter versus EUR 2.03bn twelve months ago.

Mark Robinson, CEE Research Specialist, Colliers International adds:
“The bright spots are that Czech deal flow is back up to the quarterly run rate seen in 2016 and 2017, the CEE-6 office volumes of EUR 1.25bn and a near-record quarter in the hotel sector (EUR 459mn of purchases made). West European funds were net buyers in Q1 2019, US and UK funds remained net sellers. East Asians were still buyers and domestic money remains active”.

“Two-speed” GDP dynamics are emerging across much of the global economy, with manufacturing slowing and services continuing to grow. Does this pattern repeat in the CEE-6 countries? Slowing momentum in Q1 industrial production is evident in the Czech Republic and Romania. Manufacturing growth remains healthier elsewhere in the region. Supported by wage dynamics, Q1 retail sales growth is more robust across most of the CEE-6, except in Slovakia and Bulgaria.

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Luke Dawson

Head of Global and EMEA Capital Markets

London - West End

+44 20 7344 6788

Luke Dawson is the Head of Global and EMEA Capital Markets for Colliers. He has over 17 years of experience with Colliers and over 20 years of working in the real estate industry, where he has lived in various locations across Europe, North America and the Middle East.

As Head of Global Capital Markets, Luke is responsible for setting the global strategic agenda for Capital Markets, which includes advising clients, growing our global Capital Markets Platform, and connecting capital with opportunities across all asset classes around the world.

As Head of EMEA Capital Markets, Luke is responsible for executing regional strategy and driving the growth of the Capital Markets service line. He is focused on building and leveraging cross-border relationships at the decision-making level and working with our local teams to identify trends and opportunities.

Before leading the Global and EMEA Capital Markets team, Luke was previously Managing Director for Central & Eastern Europe (CEE) and Head of Capital Markets for CEE for Colliers, where he was responsible for driving the investment sales business across the CEE as well as strategic leadership of the overall Central Europe business.

Apart from his experience with Colliers, Luke also led one of the largest private family offices in the Middle East and was responsible for acquisitions, dispositions and operations across three continents.

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Aleksandra Wasilewska

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Warsaw

+48 510 020 050

I have 16 year experience in PR and marketing communication. I worked among others for NFI Magna Polonia; Skanska Polska; Apsys Polska and Polish Council of ShoppingCentres. I implemented projects from the field of consumer marketing; market research; corporate communication; as well as brand building; positioning and evolution in Skanska and Apsys. I am the author of numerous articles on PR and marketing communication.

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