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Bulgaria ranks first in real estate investment growth

seenews.com

20.03.2018

SOFIA (Bulgaria), March 19 (SeeNews) - Investments in Bulgarian real estate rose the most among 59 countries worldwide in 2017, according to a recent Cushman and Wakefield report.

Investments in Bulgarian property increased by 153% to 856 million euro ($1 billion) in 2017, real estate brokers and consultants Cushman&Wakefield said in its Global Investment Atlas report, issued last week.

All investment volumes are quoted pertaining to deals of $5 million and above, unless otherwise stated, Cushman and Wakefield said in the report.

Romania ranked 7th worldwide with a investment growth of 65% to 1.26 billion euro in 2017. Croatia, Serbia and Slovenia recorded declines in investments.

"In Europe, a rise in volumes is likely to be driven by further demand in Central and Eastern markets," Cushman and Wakefield added.

Source: Cushman&Wakefield

The published article is a translation/revision of the original article or material of the relevant quoted media. According to the Copyright Act of the Republic of Bulgaria (art. 9), the copyright on the translation or revised text belongs to the person who did it without prejudice to the rights of the author of the original text.

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