After two years of the pandemic, 2022 turned out to be another turbulent year in terms of all political, economic and business challenges. Russia’s invasion of Ukraine, resulting in further supply chain disruption, an increase in fossil fuel prices, the cost of transport and construction materials. All of this has had an impact on global businesses and on real estate markets.
However, if we look back at 2022, it is worth mentioning that despite various implications, the commercial real estate market in most CEE countries remained relatively stable and even recorded increases compared to previous years.
In this context, 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 and individual markets.
We hope you find this an interesting read!