Colliers International CEE has announced the appointment of Tim Nicholls to Managing Director, CEE Valuation & Advisory Services. Tim, who will be based in Prague, will have full responsibility for the company’s valuation business across Poland, Czech Republic, Hungary, Slovakia, Romania, Bulgaria and the Ukraine.
More than half of the office rental markets in Asia Pacific either stabilized or moved into the growth phase during the second quarter (Q2) of 2010, demonstrating that the region continues to lead the global real estate recovery, according to CB Richard Ellis’ (CBRE) latest quarterly Global Office Rental Cycle report.
Retail investment activity in Central and Eastern Europe (CEE) totalled around €630 million in the first half (H1) of 2010, a 190% increase compared to the same period last year. CEE retail investment activity has remained concentrated in Central Europe in H1 2010, with Hungary, Poland, Romania and Russia accounting for 87% of the CEE retail investment total, according to the latest research from CB Richard Ellis (CBRE).