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Still Danger of Overheating in SEE Property Markets
According to the “Bank Austria Real Estate Country Facts”, commercial property markets in Croatia, Serbia and Slovenia are gaining ground, but risks of overheating remains.
Still Danger of Overheating in SEE Property Markets / Picture: © Vindobona.org
Although the current turbulence on global financial markets has dented the growth prospects of Croatia, Serbia and Slovenia, the neighbouring Balkan states' real estate markets have benefited from the muted economic recovery of the past two years. Yields have slipped after increasing during the economic crisis. Top office yields hit 7.5% in Ljubljana, 8.3% in Zagreb and 9.5% in Belgrade…
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