PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
CEE opportunities coming in second half-year - BankAustria
The international financial crisis has brought forward the cyclical contraction in central and eastern Europe and exacerbated its effects but after a further yield correction, real estate players should consider reviving activity in the second half of 2009, BankAustria says. In a recent report, it said 2H09 should be a good time to act in counter-cyclical manner since medium and long-term prospects in CEE real estate remain solid. With only a short window of counter-cyclical opportunities expected, moves should be made in phases and be locally diversified to keep risks as low as possible.