KPMG: Investors able to finance real estate projects in Czech Republic

25 Oct. 2013 | ČIANEWS | The real estate market in the region of central and Eastern Europe (including Russia) registered transactions in the value of EUR 4.5 bln (roughly CZK 115.56 bln), some 60% up y/y, in the first half of 2013, according to the survey KPMG CEE Property Lending Barometer 2013.

The real estate market in the region of central and Eastern Europe (including Russia) registered transactions in the value of EUR 4.5 bln (roughly CZK 115.56 bln), some 60% up y/y, in the first half of 2013, according to the survey KPMG CEE Property Lending Barometer 2013. According to KPMG, the CzechRepublic has been the regional leader of the Index of the Willingness to Finance Real Estate Projects for three years. The situation in the Czech Republic is stabilised and financial institutions are willing to refinance loans in completed projects and, to certain extent, finance also new constructions.

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