Most business property markets in Central and Eastern Europe are currently leaving the hard period behind. Rents and worth of assets in Bulgaria and Hungary are expected to grow in the upcoming 12 months in all sectors.Growth in property prices is also expected in Czech Republic while in Romania the attitude is towards slower growth of assets worth and reduced rents.
The data is based on a research conducted by Royal Institution of Chartered Surveyors /RICS/ studying the attitudes in the sector in the second trimester of 2014. Property demand is expected to grow considerably, especially in the office space sector in Bulgaria and the office and commercial spaces in Hungary. Investors’ interest in Bulgaria is expected to increase due to the positive perspective for demand from tenants and growth in all three sectors of business properties.
Source: economy.bg