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CESEE Property Market Highly Heterogeneous
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…
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