Investments in Bulgarian real estate rose the most among 59 countries worldwide in 2017, according to a recent Cushman and Wakefield report.

Investments in Bulgarian property increased by 153% to 856 million euro ($1 billion) in 2017, real estate brokers and consultants Cushman&Wakefield said in its Global Investment Atlas report, issued last week.

All investment volumes are quoted pertaining to deals of $5 million and above, unless otherwise stated, Cushman and Wakefield said in the report.

Romania ranked 7th worldwide with a investment growth of 65% to 1.26 billion euro in 2017. Croatia, Serbia and Slovenia recorded declines in investments.

"In Europe, a rise in volumes is likely to be driven by further demand in Central and Eastern markets," Cushman and Wakefield added.

Details follow:

 

Investments 2017 (mln euro)

Pct change y/y

Bulgaria

856

153%

Romania

1,260

65%

Croatia

344

-32%

Slovenia

78

-41%

Serbia

216

-23%

Source: Cushman&Wakefield

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