ors interested in establishing their business activities in the CE region.
Globalization, outsourcing, offshoring & nearshoring are common and progressive trends in the modern economy. These contemporary trends have a direct impact not only on the development of the real estate market but also on the labour market. Companies’ cost sensitivity supports the decision to move part of the business i.e. back- or mid-office to cost-effective countries. This trend has boosted the development of the Business Services (BPO, SSC, R&D & ITO), and the CE region, with its well educated workforce and competitive cost base, is one of the main beneficiaries.
Andreas Ridder, Head of CEE, CBRE