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!
Top 10 predictions for CEE-6 in 2023
Related Experts
Dominika joined Colliers International in 2011 at the position of Head of Research and Consultancy Services, where she is responsible for managing and coordinating the work of the department, carrying out of the projects for external clients, preparing reports, etc. Dominika is related to the real estate industry since the beginning of her career.
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.
Josefina delivers market research and insights in the Czech Republic to both Colliers clients and its business lines, covering the Industrial & Logistics, Offices, Retail, Residential and Investment market sectors.In her previous career experience, she focused on market research and intelligence and has experience from sustainability & corporate social responsibility, public relations and banking. She worked in the CMA CGM shipping & logistics in France as an intern analyst to CSR and in BNP Paribas as an intern analyst to Central and Eastern Europe M&A. Josefina delivers market research and insights in the Czech Republic to both Colliers clients and its business lines, covering the Industrial & Logistics, Offices, Retail, Residential and Investment market sectors.