The competitive advantages and strengths of the CEE region are well known to investors. But new factors have emerged that may play a central role in the medium and long term. For example, there is a marked shift from cost efficiency to quality and knowledge-based operations across all sectors of the CEE economy. How is the tenant structure in CEE changing? Does growth in the BSS sector show any signs of slowing down? How do the legal and fiscal structures in CEE countries compare to those in Western Europe? All the answers to these and other important questions can be found in this year’s CEE Investment Report 2018: New Frontiers of Growth by Skanska, CBRE, Dentons and PwC.
Over the last 10 years, Central and Eastern Europe has evolved from an emerging market to one that is now increasingly regarded as mature. The recent upgrade of Poland by FTSE Russell to “developed market” status in its 2018 classification is an example of CEE countries being regarded as on a par with US, the UK and Germany. It’s great news for the whole region and how it’s perceived internationally. For the commercial real estate sector, CEE has been a key target for several years now. It’s a profitable, safe and stable region for doing business
Adrian Karczewicz, Head of Divestments at Skanska’s commercial development business in CEE