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According to Colliers, total investment in commercial real estate between April and June increased by 213% compared with the same period last year. Bulgaria ranked first among Central and Eastern European countries in terms of annual investment growth.
Total investment in the region during the period under review reached €5.4 billion, up 17% year on year. If the current growth rate continues through the end of 2017, experts expect annual investment in the region to exceed the record set in 2016 (€12.2 billion) by December.
Romania ranked second in investment growth (155%), followed by the Czech Republic (114%).
In absolute terms, the Czech Republic was the clear leader (€2.2 billion), followed by Poland (€1.5 billion) and Hungary (€824 million).
As for rental rates, growth in Bulgaria was recorded only in Sofia, where rents reached €14 per square metre per month, an increase of 4.5% compared with last year.
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