Croatia Real Estate Report Q4 2014 - New Market Report
One year into EU membership the hoped for economic boost has failed to materialise, coinciding with severe floods in Croatia's south earlier this year. We therefore expect the country's economy to contract by 0.7% this year with poor private consumption and export levels as well as a stagnating industry sector. All these factors have regressive implications for the commercial real estate market in 2014. Despite few developments in the pipeline and consequent limited supply, demand continued to fall in the...
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