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2020 CEE investment volumes end up at €10.4 billion, 24% behind 2019 levels.

Poland, Czech Republic and Hungary all saw YoY declines in volumes.

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CEE Investment volumes for the Q1-Q3 period have reached ca. €8.0 billion and are 12% down compared to the same period of 2019

Budapest, 29 October 2020 - Despite COVID-19 impacts on markets, flow volumes remain relatively healthy for the first 3 quarters of 2020 at ca. €8.0 billion. Poland attracted €4 billion which represents 50% of all volumes in this period.

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Many companies in the CEE region might consider a hybrid mix of remote and office-based work along with software for management of distributed teams, project management, team management and even skills management in the business.

We expect that a fair amount of market activity in 2020 will come from lease renegotiations and renewals as opposed to new and pre-lease transactions. We might record more sub-leases being offered if companies need to downsize. Tenant covenants will receive additional scrutiny by landlords, banks and investors in order to limit risk to a sustainable income.