From the investigation ‘Emerging Europe 2004’ of the international real estate advisor Cushman & Wakefield appeared that the real estate market of the Czech Republic performs the best in Eastern Europe. On the second and third place of the ranking are respectively Hungary and Poland.
The capital Prague, that is always considered by multinationals to be the business center of the region, contributes to the obtaining of Czech Republic’s first position. The capital of Poland is a serious competitor. In Warsaw more high buildings are available so in consequence larger office spaces are available on the rental market.
The leading trio is well-matched. In terms of real estate investments, the three countries escape each other scarcely, says Cushman & Wakefield’s researcher B. Poolman. “The distance between the numbers three and four