CEE: Still Growth Market in Real Estate Sector

People ♦ Published: February 10, 2014; 17:06 ♦ (Vindobona)

The region is still a growth market in the real estate sector even after the crisis. However, the legal situation in some CEE countries can be a pitfall to real estate companies.

CEE: Still Growth Market in Real Estate Sector / Picture: © Vindobona.org

According to Peter Oberlechner, partner at Wolf Theiss, the real estate markets in Central and Eastern Europe offers many opportunities. However, there are numerous pitfalls, particulary in legal terms.

Generally speaking, real estates are the most important and biggest asset class in the world. However, the legal requirements are diverse. In the regional vicinity of Austria,…