Property investments in CEE have accounted for 6% of the total volume recorded across Europe, during 2024, to around €7.7 billion, according to estimates by Cushman & Wakefield.
In previous year, CEE had a share of around 4% of the total real estate investments made on the continent.
During 2024, Poland championed the region with 62% of the total recorded investments in CEE. Next came Czechia (25%), Slovakia (9%) and Hungary (4%).
Jeff Alson, Head of Capital Markets CEE at Cushman & Wakefield, said: “2024 demonstrated recovering liquidity particularly in core CEE markets of Poland and Czech Republic. Increasingly active local and international capital is now competing on larger volumes which is likely to attract and encourage more global capital into this geography in 2025.”
The biggest logistics transaction closed in 2024 was Blackstone’s logistics mega-deal with Contera and TPG at €470 million.
At the same time, NEPI Rockcastle’s €780 million retail acquisitions made Magnolia Park and Silesia City Centre one of the largest shopping centres deals in Europe.
Moreover, the largest office deal was Ghelamco’s €280 million sale of a Warsaw office tower to Nordic investor Eastnine.
The agency points out that the CEE market is attractive due to the good economic performance backed by low unemployment, EU stability and attractive price margins compared to Western Europe.
