A recent program held by U.K. Trade and Investment and Jones Lang LaSalle revealed that both Central and Eastern Europe may be ripe for business investment.
With multiple factors improving in these parts of Europe, it may encourage more companies to get involved in the markets. This includes improving economic strength, political stability and an increase in transparency, the news source explained. Jones Lang LaSalle noted that in 2011, approximately €6.4 billion (USD $8.1 billion) in commercial real estate investment occurred in both areas of Europe, and that figure is expected to be duplicated this year.
"The current strength and stability of the region means business opportunities exist across all sectors, from tourism through to technology, energy and manufacturing," said Paul Taylor, regional director of Central and Eastern Europe for U.K. Trade & Investment.
Jobs are growing in the regions, with outsourcing companies gaining thousands of new opportunities. This may help increase demand for the commercial real estate industries in these areas.