Dentons has co-authored the CEE Investment Report 2018: New Frontiers of Growth ‒ a short analysis of the region's potential as an investment location. The guide has been compiled by Skanska, CBRE, PwC and Dentons.
The report highlights all the factors and competitive advantages that contribute to the high investment potential of the CEE region. It analyzes transaction structures, tax rates and other costs in CEE, comparing them to Western European standards. It also points to the dynamics of the labor market which has recently undergone a change, from economic growth based on wage competitiveness to growth based on knowledge.
All these factors significantly impact the office market in CEE. The demand for modern office space is very strong. It is generated not only by the business services sector, one of the region's fastest growing and evolving sectors, but also by the growing needs of public institutions. Simultaneously, strong demand generates strong development activity. This is borne out by CEE's performance where 6 million sqm of new office space, set to be completed in the next three years, will be added to the region's current modern office stock of 21.1 million sqm. This means an annual growth rate of close to nine per cent.
Click here to read more: CEE Investment Report 2018: New Frontiers of Growth.
We thank all Dentons contributors involved in this publication.
Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries. www.dentons.com.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.