The CEE Investment Report covers the key economic and business trends which influence the office markets in five countries: Poland, the Czech Republic, Slovakia, Hungary and Romania.
Cities are the core of economic growth based on knowledge, the destination of investments in a services sector. Most importantly, globalization of services increases competition between cities. Warsaw, Prague, Budapest, Bucharest, Bratislava and other cites compete for jobs with London, Paris or Madrid. Colliers CEE Investment Report will assist investors understand the forces which make CEE metropolises global and modern, including:
Since 1990 the total real economic growth in CEE has been 270%.
Today the value of the foreign sales of goods and services from CEE is close to 10,000 USD dollars per each inhabitant in the region.
- Standard of living
In 1990 the average worker in CEE earned ca. 2 500 USD dollars compared to ca. 17 000 USD today.
The economies of CEE are much less leveraged than developed countries. The average public debt ratio is 50% of GDP (compared to 96% in the Eurozone), and the private debt ratio is 80% (compared to 160% in the Eurozone).