GEZOCHT: Deelnemers voor het programma 'Droomhuis Gezocht'

Het Nederlandse televisieprogramma 'Droomhuis Gezocht' (MAX) heeft Middelland net als in 2012 verzocht mee te werken aan hun programma. In het programma gaat de presentator voor een stel of familie op zoek naar hun droomhuis. Uiteindelijk worden er 3 tot 5 huizen geselecteerd waartussen de keuze moet worden gemaakt. Deelname aan het programma is vrijblijvend en is interessant: omroep MAX betaalt 5 overnachtingen en de vliegtickets voor de deelnemers. Opnames vinden deze zomer of vroege najaar plaats.



Heeft u interesse? Laat het ons zo snel mogelijk weten! Antwoord op deze mail of bel ons .
WHAT HOUDT HET MEEDOEN IN?

JUNI 2015 - DUBROVNIK

Vanaf deze maand zal Middelland u 1x per maand als eerste op de hoogte brengen van nieuwe top objecten en achtergrondinformatie en inspiratie aan de hand van een variërend thema. Op deze manier willen wij geïnteresseerden, kopers en oud-kopers uit de Middelland-community inspireren en ontmoeten.


Deze maand: Dubrovnik en de prachtige Dubrovnik Riviera 

De stad Dubrovnik, lang bekend onder de Italiaanse naam Ragusa, kent een roemruchte geschiedenis en rijkdom als handelsstad. Dubrovnik kent daarnaast een roerige recente geschiedenis met het bombardement tijdens de Joegoslavische oorlog in 1991 als dieptepunt. Na de zelfstandigheid van Kroatië werd de stad echter in razend tempo gerenoveerd en hersteld met de beschermde UNESCO-status als terechte beloning.




Met het steeds beter bereikbare vliegveld ten zuiden van de stad (met sinds dit jaar rechtstreekse vluchten vanuit Amsterdam!) en de enorme belangstelling voor de stad door de hitserie ‘Game of Thrones’, waarvoor de stad het decor vormt, is Dubrovnik een ongelooflijk populaire bestemming aan het worden. De kleine, maar schitterende binnenstad wordt tijdens de zomermaanden overspoelt door toeristen, en het lijkt een kwestie van tijd voordat zij ook de moeite gaan nemen om de spectaculaire omgeving te gaan verkennen.




Zo biedt de omgeving met de berg Srdj, waar in de komende jaren een enorm golf resort geopend wordt, het mystieke eiland Lokrum, en de botanische tuinen van Trsteno prachtige plekken. Daarnaast zijn ook de minder fraaie, maar wel bijzondere littekens van de recente oorlogen, zoals de verlaten hotels van Kupari, de moeite waard. Ook de spectaculaire ontwikkelingen in het nabijgelegen Montenegro (1 uur rijden), zoals de superjachthaven Porto Montenegro en de baai van Kotor, maken de regio rondom Dubrovnik een interessant gebied voor tweede huizenbezitters.


Vastgoed 

Het vastgoed in Dubrovnik en de directe omgeving laat zich vooral omschrijven als schaars. Dubrovnik is een kleine stad, met een relatief dunbevolkte omgeving. De huizen binnen de historische stadsmuren van Dubrovnik zijn prachtig, maar eveneens zeer duur. Voor de gemiddelde Nederlandse of Vlaamse tweede huizenkoper dus eigenlijk niet zo interessant, tenzij u als investeerder een pand wil kopen voor de verhuur aan toeristen. Ook de huizen rondom de stad, zowel in de buitenwijken als in nabijgelegen plaatsen, zijn relatief duur en kennen een matige prijs/kwaliteitverhouding.



Toch is er een aantrekkelijke mogelijkheid om waardevast vastgoed te kopen op een steenworp afstand van Dubrovnik: het Dubrovnik Sun Gardens Resort. In dit nieuwe vijfsterrenresort zijn nog enkele appartementen beschikbaar variërend in grootte van 44 tot 111 m2 met prijzen vanaf € 225.000. Alle appartementen hebben een royaal balkon of een tuin met onbelemmerd uitzicht naar het zuidwesten, waar de zon ’s avonds in de Adriatische Zee verdwijnt. De appartementen kunnen door het resort worden verhuurd wanneer u er niet verblijft; met de inkomsten worden vervolgens alle onderhoudskosten (waaronder het up-to-date houden van de inboedel) afgedekt. Als eigenaar van een appartement kunt u daarnaast kosteloos gebruik maken van alle voorzieningen van het resort en het nabijgelegen hotel zoals het bekroonde wellness centrum, privéstrand en een keur aan uitstekende restaurants. Het resort kenmerkt zich, ondanks de luxueuze voorzieningen, door een familiaire, bijna dorpse sfeer met veel ontmoetingsplekken en een grote kindervriendelijkheid. Kortom, een zorgeloos en waardevast bezit voor gezinnen, jong en oud.


STUUR MIJ MEER INFORMATIE OVER DIT PROJECT


graag meer info over het Sungarden project

Renovation for inspiration

Architects Wespi de Meuron are known for their exciting conversions of old stone houses and barns into great living spaces that manage to turn a home into a money making property. Their project in Scaiano, at the Lago Maggiore in Switserland, is a great example of how an old stone ruin can convert into something valuable. We love to inspire our second-home hunters with this project, to keep the possibilities in mind when standing in front of another derelict Kamena Kuce (old stone house) with a breath taking view...


The project is realized at the border of a village, overlooking the water (does this sound familiar to you?) and enters with its design into a dialog with both. The renovation elements are not trying to contrast the old stone building, but rather try to give a contemporary clarity to the historic construction. The building's evident contours were made visible again by removing the roof and reducing the building mass to a simple cube. The extra needed space (like bath rooms, that don't necessary need full day light) that enable the owners to use the house as a proper holiday retreat were realised in the mountain slope.


image credits: h.henz 















See the full project HERE  

3 x Seaview Villa for Sale on Solta, Croatia

www.middellandcroatia.com has taken in its portfolio this building land plot of 1.196m2 with a house of + / - 85m2.

This equals to a square meter price of 74 euros (100% building land). Plots in similar locations (even bare land without any existing construction on it) are usually offered from 125 EUR per square meter. The owner wishes to sell quickly.

The property is located in Croatia, in the hearth of Dalmatia, on the island of Solta. Solta is one of the nearest islands to the mainland and one of the most popular in this region, together with Brac, Hvar and Vis , Solta is from the mainland reached within 35min by ferry from Split and 25 min by taxi speedboat from the airport. The island is 52 km2 long and has six beautiful historic villages. On Solta, one experiences the Mediterranean life as it is so often described , terraces surrounded by 200+ year old homes, yachts that anchor, local fishermen whose boats dock and walk with their catch to the restaurants, the crowds at the vegetable markets where honey, olive oil and figs are sold, because this is what the island is known for . That 35min boat ride brings you, if needed, right to the hearth of the thriving city of Split , where one can find everything the discerning tourist is looking for. Middelland's customers have favoured Solta over other places they visited while home hunting. In recent years we have sold most real estate on this island.

From the plot you can walk directly to the water and the ferry, in just a minute. The home and its garden overlook the whole bay on one side, and a large strip of the full Dalmatian coastline on the other side. 

The ruin on the plot is actually an old unfinished construction with natural stone outside wall. The property can be renovated or removed for a new property. Existing building regulations enable a significant extension of building density up to 3 stories on the plot. Or one can decide to just build a small villa. From the first floor ( now the roof) one has more than 180 degree unobstructed sea view .

Building plans for the construction of a 3 bed-room villa ( 165m2 ) with pool and guest house ( 35m2 ) are already present. Just renovating the existing building is estimated at ca. € 50,000.

Asking price for land plot including existing building: € 89,000 !





BEGANE GROND

EERSTE VERDIEPING





INDELING GASTENVERBLIJF

HUIDIGE CASCO WONING


MiddelLanD congratulates Croatia with EU membership











CONGRATULATIONS CROATIA: NEW EU MEMBER
Croatia's entry into the EU is positive news for all of us. Some insight in how the market and Middellands customers benefit.
Croatia recorded its strongest increase in tourism bookings since 2008 and local professionals notice a big up in second home sales. All is caused by Croatia joining the EU-block now officially as per 01-07-2013! We welcome this long expected entry and see it coming on exactly the right moment. If you know the insides there is more to it.. The Croatian government knows all too well that tourism is one of the main pillars to boost its economy and therefore, even during the crisis, Croatia is investing strongly to upgrade its tourism sector. This year the government will invest 400 million euros in tourism, double the amount of 2012. Most of this money goes into projects to extend the season; like cycling tracks, high-end hotels (with congress facilities), nautical tourism (new marinas and regattas), wellness facilities, the upgrading of the hinterland and adapting new laws to promote golf and resort developments. These investments make the tourist season also flourish in late spring and early autumn. The Croatian second home investment market benefits with strong incomes and longer rental seasons..

THE EUROPEAN UNION IS 1.244 ISLANDS RICHER


AS OF TODAY CROATIA IS THE 28TH MEMBER OF THE EUROPEAN UNION !!

Fireworks lit the sky and festive crowds gathered on the streets on Sunday night to mark Croatia's entry on Monday into the European Union, a major milestone 20 years after the country won independence in a bloody civil war.

Croatia became the 28th member, the first addition since Bulgaria and Romania joined in 2007. Though enthusiasm for the country's achievement has been dampened by the EU's financial turmoil, it is an historic turning point for the small Balkan nation of 4.2 million, which endured years of carnage after declaring independence from the former Yugoslavia in 1991.

"As midnight struck, your country crossed an important threshold," European council president Herman Van Rompuy told the cheering crowd in the capital, Zagreb. "It will change the life of this nation for good."

President Ivo Josipovic said: "In the history of a nation, there are a few events such as this one. The accession of Croatia to the EU is confirmation that each one of us belongs to the European democratic and cultural set of values."

Thousands of people waving small EU and Croatian flags joined celebrations. In Zagreb's main square, artists performed for visiting foreign leaders until midnight when fireworks and the singing of Beethoven's Ode to Joy – the EU's anthem – marked the official entry

Interest growing for Croatian real estate

Croatian Times

Foreign interest in Croatian real estate has increased as the definite date for its accession into the EU is now known, reports Croatian radio television.

Croatia will become an official member state of the EU on 1 July 2013 and already there is increased interest from European investors in owning property in Croatia, which will have an effect on real estate prices in the country.

Foreign property buyers interested in real estate in Croatia have said that clean titles and saftey are the biggest priorities when deciding to purchase property.

A recent survey has found that Croatians prefer to own their own apartments. Some 86 per cent own their own apartments in Croatia, compared with the rest of Europe where the average is only around 20 per cent.

New Twitter tool to get the latest properties directly when they hit the market

Leading real estate agencies are using Twitter to keep their clients updated on hot properties that appear to the market... right on the moment that they appear! Image you are looking for a dream home and you would sit right next to your agent at the moment when he spots that home. All you have to do is just act fast.

Middelland Croatia will, from now on, tweet each new property with a small description of the house, apartment or land plot, its price and a link to the property (if available). Active searchers can then decide to request the full property brochure, or to just wait untill their real object of desire gets tweeted.

We're just starting, and would be happy to get your feedback. For now, you can start following us through www.twitter.com/ML_Croatia

no spam guaranteed!

Middelland hosts clients from househunter show on Dutch TV

Middelland hosted the family Heijmans on a three day tour trough Istria, in search of a dreamhouse. The conditions were: maximum budget: EUR 135.000, must have 2 bed rooms, maximum 20 minutes from the sea, the property must be ready to move in.

We presented the camera crew and the family three properties that matched their wishes. In the program they decide to buy 'house 3'. In a TV program many things are still acting: all three houses are currently still on the market. Watch our tour in the TV program here online (sorry: it is in Dutch)

If you would like to receive the detailed brochure of any of the three properties, please click on the property here below.



House 2: A very affordable charm in Istria. 130.000 EUR

House 1: only 7 km from the sea: 99.000 

house 3: Beautifully renovated, large garden, 125.000 EUR


location of all three houses, click to zoom



INVESTING WITH HIGH OR LOW RISK: CROATIA UPDATE ON LANDGOED EIKENRODE

Nederlandse tekst: scroll naar beneden

This Thursday Middelland will host the event 'Update on Croatia's market' at the historical estate 'Landgoed Eikenrode' in Nieuw Loosdrecht, The Netherlands. A foreword by Mondi's Rob Smulders will set the tone for the critical approach of this evening where we elabourate on Croatia's pre-EU-accession do's and dont's.


Next to market updates, there will be two projects present: High-risk-high-returns: A waterfront golf resort to be built in Dalmatia & Low-risk-solid-returns: A waterfront resort near Dubrovnik with accellerated rental program. There will be an information market and Croatian delicacies served. All attendeed receive full information packages at the end of the event. The event can be attended on invitation only.


"I would like to receive an invitation for this event"




INVESTEREN MET HOOG- OF LAAG RISICO: KOM NAAR LANDGOED EIKENRODE

Aanstaande donderdag organiseert Middelland het evenement 'Markt Update Kroatië' in het historische landgoed Eikenrode in Nieuw Loosdrecht. Een voorwoord door Mondi's Rob Smulders zal de toon zetten voor deze kritische beschouwing waarbij de nadruk zal liggen op de kansen en aandachtspunten richting Kroatië's EU toetreding. Er zullen ook twee projecten zich presenteren: Hoog-risico-hoog-rendement: Een golf resort aan zee, in Dalmatie & Laag-risico-solide-rendement: Direct aan zee gelegen resort nabij Dubrovnik met krachtig verhuurprogramma. Er zal een informatiemarkt zijn en er zullen Kroatische delicatessen geserveerd worden. Alle aanwezigen krijgen na afloop een compleet informatiepakket mee. Toegang is alleen op uitnodiging.


"Stuur mij een uitnodiging voor het evenement"

Brad Pitt and partners to build luxury resort in Istria, Croatia

from: http://www.digitaljournal.com

A Croatia media exclusive claims Brad Pitt and partners are to build a luxury resort opposite the Brijuni islands in Istria.
An exclusive report in leading Croatian national daily Jutarnji List on February 22, 2012 claims that Hollywood star Brad Pitt will be involved with partners in building a luxury waterfront resort opposite the Brijuni Islands in northern Croatia.
The proposed project, which has a working title of 'Barabriga', will include hotels, villas, a golf course and a marina, is the biggest tourism project undertaken by businessman Danko Koncar, who bought the project from Hypo Bank for 85 million euro, according to the paper. The project's first acting connection was Rade Serbedzija, who starred in "In The Land of Blood and Honey," the critically-acclaimed debut as a director of Pitt's wife, Angelina Jolie. Serbedzija interested Pitt in the project at the Berlin Film Festival and introduced him to Koncar.
The Brijuni islands, once an exclusive resort favoured by President Tito, is known to Jolie, and she visited the area last year on her first visit to Croatia. She was once again in the country last week for the premiere of her new film in Zagreb.
The Hollywood couple's interest in Croatia is part of a growing attraction to the former Yugoslav republic, which reported record official tourism numbers in 2011. Other regular celebrity visitors include the yachts of Roman Abramovich, Bill Gates and Bernie Ecclestone, while the antics of Prince Harry in a Hvar nightclub and the revelation of Beyonce's baby bump at a Hvar beach club made global headlines.


Read more: http://www.digitaljournal.com/article/320024#ixzz1pHaej9kz

BENEFITS IF MOVING TAX BASE TO CROATIA




We received great response to our news item about benefits of tax residency in Croatia. As a result, Middelland performed, in cooperation with world leading private tax-advisory Henley Global, a case study. We would like to share the result with you. Download the report below.
The overall assessment presents Croatia as a fiscally advantageous country, especially if income is mostly, so called, 'passive' income. Income tax is levied on the incremental operating income, as employment income, income from business, consulting fees and similar income. Income on interests of financial institutions and pensions from abroad are free from income tax. EU entry makes moving one's Tax-residency to Croatia easy, opening great opportunities for those who wish to purchase a house or a boat in Croatia.

Download the english version of the report here
Download de Nederlandse versie van het rapport hier

Uitnodiging Evenement: Kroatie markt update/Golfproject/Sungarden Resort

scroll down to read this message in English

Het is 2012 en over 1 jaar treedt Kroatie toe tot de EU. Middelland probeert de hernieuwde interesse in Kroatisch vastgoed in juiste banen te leiden door goed inzicht te blijven geven in de markt. 

Op donderdag 29 maart a.s. om 19:00 vindt in het Landgoed Eikenrode in Nieuw Loosdrecht (tussen A27 en A2) een evenement plaats waarbij u geheel op de hoogte wordt gebracht van de situatie in de Kroatische markt, wat worden de toplocaties, welke stappen moet Kroatie nog zetten, etc. Daarnaast zijn twee projecten, met elk een eigen rendements-risco-profiel, uitgenodigd om zich te presenteren. 

  • project 1: The Dalmatian: 1e lijns participatie in ontwikkeling van modern golfresort aan zee
  • project 2: Sungarden Residences: appartementen in een full service resort direct aan zee nabij Dubrovnik met verhuur acceleratie door Radisson Blu hotels. 


Indien u een uitnodiging wilt ontvangen vragen wij u zich in te schrijven. Dit exclusieve evenement wordt u aangeboden als client van Middelland. Er zullen naast de presentaties Kroatische wijnen en hapjes worden geserveerd in de prachtige ambiance van het historische landgoed. 

------------------------------------------------------------------------------------------------------------------------------

It is 2012 and in one year, Croatia will join the EU. Middelland tries to manage the renewed interest in Croatian property by continued sharing of full information.

On Thursday 29th of March, at 19:00, an event will be held at 'Estate Eikenrode' in Nieuw Loosdrecht, The Netherlands. During this evening you will be fully updated on the Croatian real estate market: what will become the top locations, what steps does Croatia need to fullfill, etc. Two projects, with each a diverse risk-and-profil-profile, are invited to present themselves.

  • project 1: The Dalmatian: 1st phase investing participation in a newly built, waterfront, golf resort
  • project 2: Sungarden Residences: seafront apartments in a full service resort, near Dubrovnik, with rental acceleration by Radisson Blu Hotels.

If you wish to receive an invitation, we kindly ask you to submit your details. This exclusive event is offered to you as client of Middelland. Next to the presentations, Croatian wines and culinary delights will be served in the great ambiance of the historical estate. 



CROATIA'S NEW PROMOTION VIDEO PRAISED WORLDWIDE



Croatia is growing in its status as strong touristic competitor in the EU. The new promotional video, featuring award winning cello player Ana Rucner, is going viral worldwide.

Croatia saw a growing number of tourist visits in 2011, which is a rare achievement in today's market. The country is preparing to become a very strong competing touristic destination in the EU, with it's new slogan: 'The New Tourism Star of the ROAEuropean Union'. The video shows some the country's most beautifull sites, known and unknown, over the symphony 'Ode to Joy'. See it completely.. it gets more beautifull towards the end.

SEE IT HERE

Facebook gives you the newest properties on the market



Stay updated on the hottest properties through facebook. Middelland will be updating the market's hottest seaview and seaside properties on Facebook. Just 'like' the page and you'll be the first to hear about what comes to the market. It's as easy at that!

Dubrovnik's freehold and mortgage offer pulls in new agents

OPP
28 November 2011 15:48

Croatian luxury resort Dubrovnik Sun Gardens has seen a surge in agent interest since adding freehold ownership and ready-made mortgage packages to its offering ... the 5-star resort has seen 12 brokers sign up in the last three weeks.

 

The mortgage product is done in conjunction with Vienna-based Erste bank. It’s fully furnished and offers a 15-year term mortgage, with 60% LTV and a fixed interest rate of 6.6%.

 

Julian Houchin, commercial director for iO Adria, the owners of Dubrovnik Sun Gardens, told OPP: “Since we’ve got the free hold and mortgage package, interest from agents has gone through the roof, and we’ve signed 12 brokers in the last three weeks.”

 

“The managing director of Engel & Volkers even came here himself from Germany to sign the product.”

 

Houchin added that free hold is proving a major selling-point for Dubrovnik, given that the usual practice in the country is for long-term leaseholds. “It’s a unique-selling point,” he told OPP.

 

“Freehold is hard to get in a Croatian resort context, it is particularly key with the UK market.”

 

“Post-fees, we are confident we can generate yields of 4%,” added Houchin.

 

Owners can use their property for five weeks during peak season and on an unlimited basis in the off season.

 

Dubrovnik Sun Gardens is a 22-hectare resort based on the Adriatic Coast. Facilities include a spa, sports centre, restaurants, bars and shopping markets.

 

EU means better future for Croatia's tourism

Croatian Times

The historical "yes" Croatians gave to European Union membership at this month’s referendum could mean good things for the country’s tourism, sector experts believe.

That even better (tourism) days are on the horizon for EU-bound Croatia think many hotel owners and tour operators. The director of German ID Riva tours Selimir Ognjenovic, for example, thinks that the referendum outcome sent a good signal to German visitors.

"The German public, ordinary people, appreciate Croatia’s "yes" at a moment when the EU is not in its best shape. That’s interpreted as an outstretched hand of a partner, and not an attempt for Croatia to add weight to other’s shoulders," Ognjenovic says. The budding amiability toward Croatia could make a German or two that hasn’t vacationed there consider spending the summer by the Adriatic.

The head of Kompas travel Ivan Puskar is equally optimistic.

"All countries that joined the EU experienced an improvement in tourism, I believe so will Croatia," says Puskar. Once Croatia enters the Schengen area, things will get even better with less hassle on the borders. Some also say that the referendum "yes" also meant commitment to hospitality standards EU citizens expect.

The owner of Hotel Baska on Krk island, Mario Jantol, has some reservations, however.

"EU is not good news for our tourism on its own. The success primarily depends on us, how we prepare ourselves for the season."

Croatia had a spectacular season last year, thanks to many factors including a long-lasting summer. Few are confident that this season can top the excellent numbers.

Many of the sector’s businessmen are cautious about premature optimism.

"This year will be complicated for the tourism sector," says Kristijan Sustar from the hotel owners' association. "Regardless of the "spectacular" media predictions, it is too early to celebrate because we have to be focused and responsible to achieve last year's results," says Sustar.

Bob van den Bichelaer, director of Middelland Croatia, on BNR News Radio


Bob van den Bichelaer, director of Middelland Croatia, was interviewed on Dutch main news radio channel BNR. The interview follows up on the Sunday 22nd referendum where the Croatian people voted 'Yes' to the EU. Middelland has been active for 7 years on bridging the gap between investors in Europe, especially The Netherlands and Belgium, and the Croatian real estate market. The referendum is the most important step so far towards EU entry and will open the real estate market further to direct foreign investment.

click here to listen the interview:

Bob van den Bichelaer, directeur van Middelland Kroatië, werd geïnterviewd op BNR news radio. Het interview volgt op het  referendum van afgelopen zondag, waarin het Kroatische volk 'ja' gestemd heeft voor de EU. Middelland werkt al 7 jaar  aan het overbruggen van de kloof tussen de beleggers in Europa, vooral Nederland en België, en de Kroatische onroerend goed markt. Het referendum is de belangrijkste stap tot nu toe in de richting van toetreding tot de EU. Het zet de onroerend goed markt verder open voor directe buitenlandse investeringen.

Klik hier om hier het interview te beluisteren:
http://www.bnr.nl/?service=player&type=archief&fragment=20120127130300600

CEE property investment doubles year-on-year

Wednesday 25 January 2012
Commercial property investment volumes in Central and Eastern Europe
(CEE) reached more than €11.2 billion by the end of December 2011 –
twice the volume when compared to 2010, according to the latest data
from CBRE.

Prime yields are expected to remain solid in markets such as Poland and
the Czech Republic.
Significant deal flow in Russia during December 2011 pushed CEE property
investment volumes over the €10 billion mark, which resulted in the
third strongest year in CEE history. The strong finish in the final
quarter of 2011 (Q4 2011) confirms the expectations CBRE had at the
start of December that several pending transactions would close by the
year-end. Of particular note was the closing of the Galeria center, a
large mall in St. Petersburg, for over €800 million.

Low levels of property investment activity were recorded in South
Eastern Europe (SEE), with Serbia and Ukraine not seeing a single
institutional transaction during 2011. However, increased investment
activity has been visible in the Hungarian and Slovak commercial real
estate investment markets in recent months.

This trend is likely to continue, especially in Budapest, since the core
segment of the market has remained mostly illiquid thus far and occupier
market fundamentals have remained occupier friendly. In total,
investment volumes in Hungary increased from around €180 million in 2010
to over €600 million in 2011.

Patrick O'Gorman, Director of CEE Capital Markets, CBRE, commented:
"There is some willingness to invest in Hungary, despite recent
increasing unrest in the country, but it remains to be seen how this
trend will continue with current negotiations with the International
Monetary Fund underway and limited financing available.

"Refinancing of current loan agreements and potential partnerships
between owners and opportunistic investors may lead to further deal flow
in 2012."

Despite the fact that in some Western European markets yields have
turned the corner, prime yields are expected to remain solid in markets
such as Poland and the Czech Republic based on strong demand and income
growth, while increasing bond yields and the poor performance of the
Forint are weakening fundamentals in Hungary.

Jos Tromp, Head of CEE Research & Consultancy, CBRE, commented: "Based
on the property transactions under way, 2012 is already following a
similar pattern to 2011. The search for security is set to continue and
lack of product availability at the top-end of the market may start
pushing money into the core markets such as Poland and the Czech
Republic, depending on how the general economic sentiment unfolds.

"Generally, financing will remain the key factor in determining which
way markets move in 2012."

Source: CBRE