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CEE Investment Scene | Q1-Q3 2022

CEE Investment Scene Q3 2021 sm assets  hero
We are delighted to bring you the latest edition of the CEE Investment Scene for Q1-Q3 2022.

Thanks to strong Q1 activity, partially spilling over from last year, investment volumes for the first three quarters of 2021 totalled €7.5 billion. This is up by 3% YoY but, with a noticeable slowdown from Q2 onwards. Colliers estimate that 2022 year-end volumes could reach between €9.0 and 10.0 billion.

The office sector continued to hold on to the top spot with a 38% share of Q1-Q3 2022 volumes. Logistics remains highly in demand but is held back by a lack of product. Retail saw shares in two large portfolios change hands. Otherwise, we still record a lot of interest for PRS/Living assets however they remain in short supply. With much higher mortgage rates and falling sales, we may see developers switching towards rental product.

CEE domestic capital has been the most active so far in 2022, with a 35% share of total volumes. Czech and Hungarian capital continue their drive with 19% and 10% of the total regional volume, respectively.  This was followed by North American (27%) and European (22%) capital.

For further details on the share of investment activity between markets, the sources of capital and pricing movements, take a look at our report by filling out the form below.

Related Experts
Czech Republic

Kevin Turpin

Regional Director of Capital Markets | CEE

Prague

Kevin has over 23 years of experience in the property industry, with 17 of those active in the commercial real estate sector in CEE. As the Regional Director of Capital Markets for CEE, Kevin is responsible for delivering investment opportunities and a regional service platform to Colliers’ clients. The 35-strong regional investment team advises investors on acquisitions or disposals of existing and future real estate assets and portfolios across all property types. This advice is backed-up with robust market data and intelligence. Kevin also oversees Colliers’ research and consultancy services and, since joining Colliers in 2019, he has executed the rollout of a coordinated Central & Eastern European research platform, including strategic advice to clients and publications. Kevin's previous roles have been in the HR consultancy, Information Technology and Public sectors, where he has gained valuable international experience working with people, technology, business and finance.

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