Search
 

GlobeSt.com EXCLUSIVE: Czech Republic Comes in First in Emerging Markets Race

NEW YORK CITY-A new Cushman & Wakefield Healy & Baker report, Emerging Europe, also sees Russia and Romania as countries to watch in the commercial real estate industry.

By Melissa Kress | Updated on October 07, 2005

NEW YORK CITY-With the European Union working through its growing pains, the Czech Republic leads the pack of 13 emerging European countries when it comes to the commercial real estate industry, according to a recent report by Cushman & Wakefield Healy & Baker which was released to GlobeSt.com.

The annual report, Emerging Europe, cites the Czech Republic’s strong mix of growth potential and stable environment for landing the country at the No. 1 spot for the second year in a row. Coming in beyond it are Hungary and Poland, at two and three respectively, with Slovakia and Estonia rounding out the top five. In fact, according to the report, Slovakia is makes strides to close the gap between itself and Poland.

“These emerging markets are the ones that don’t have the liquidity and transparency that you typically see in Western European markets,” David Hutchings, head of European research for C&W/H&B, tells GlobeSt.com.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.