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With rising interest rates and limited supply putting home ownership out of reach for a growing number of people in emerging Europe, global and local real estate investors are placing bets on the
"There are many large cities in the central European region with positive demographic and economic dynamics and an undersupplied housing market," Stanislav Kubacek, head of investment for eastern Europe at Sweden-based Heimstaden , told Reuters. "These are good ingredients for residential rental investments." Investment in the sector, mainly in Poland and the Czech Republic, jumped 38% to 130 million euros ($138 million) in the first half of 2022, according to a CMS and CBRE report. And higher yields and scope for growth are spurring new projects, market players say.