CESEE Property Market Highly Heterogeneous

Professional ServicesReal Estate ♦ Published: January 21, 2013; 20:00 ♦ (Vindobona)

In Austria, the yield is expected to shrink further. However, the investments will be stable, CBRE Austria says. In the CESEE region, the situation is ambiguous.

CESEE Property Market Highly Heterogeneous / Picture: © Vindobona.org

Last year, the top yield was down from 5.2% to 5.0%, Andreas Ridder, CEO of CBRE Austria says. This year, the top yield is anticipated to decrease slightly to 4.95%.

The domestic property market is still dominated by Austrian investors. However, the share of Austrian investors fell from 69% to 55% last year. Investors from Germany came at 30% last year. In total, the investment…