Its propel­ling the region’s real estate market to new height­s and Asian invest­orsPRAGUE: Online retailers racing to build warehouses in central Europe are propelling the region’s real estate market to new heights and Asian investors on the hunt for higher yields are getting in on the act. REAL ESTATE HEDGEYields on industrial and logistics properties in the region range from 5.5 per cent in Prague to 9.5 per cent in Sofia, compared with 4.5 per cent in Paris or Berlin, according to US real estate company Colliers International Group. On top of that we see a huge trend of investors outside the region trying to diversify and hedge against a slow-down in other real estate sectors,” said Dobrzycki. “Asian investors are starting to look around because they see the differences in yields with western Europe,” Dobrzycki said. “There is a big wave of construction of big-box buildings for e-commerce for the purpose of delivering to western European countries,” he said.

Source: The Express Tribune March 05, 2019 09:50 UTC