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 $5 million and above, unless otherwise stated, Cushman and Wakefield said in the report.
Romania ranked 7th worldwide with a investment growth of 65% to 1.26 billion euro in 2017. Croatia, Serbia and Slovenia recorded declines in investments.
"In Europe, a rise in volumes is likely to be driven by further demand in Central and Eastern markets," Cushman and Wakefield added.
Details follow:
|
Investments 2017 (mln euro) |
Pct change y/y |
Bulgaria |
856 |
153% |
Romania |
1,260 |
65% |
Croatia |
344 |
-32% |
Slovenia |
78 |
-41% |
Serbia |
216 |
-23% |
Source: Cushman&Wakefield
($=0.8141 euro)