Fast Market Research recommends "Bosnia-Herzegovina Real Estate Report Q1 2013" from Business Monitor International, now available
Boston, MA -- (SBWIRE) -- 02/14/2013 -- The Bosnia & Herzegovina (BiH) Real Estate report examines the commercial office, retail, industrial and construction segments throughout the country, in the context of the struggling domestic and regional economy.
With a focus on the three principal cities of Sarajevo, Trebinje and Zenica, the report covers the rental market performance in terms of rates and yields over the past 18 months and examines how best to maximise returns in commercial real estate, while minimising investment risk and exploring the impact of the eurozone crisis on an already struggling market.
Our latest data collection, for the first six months of 2012, has revealed an industry-wide contraction in rental rates across all geographies surveyed, continuing the downturn of 2011 and undoing much of the positive growth seen in 2010. The industrial sector has weathered the storm better than its counterparts due, in part, to the increased lease-length cycle, but in the medium term we expect the retail sector in particular to outperform.
View Full Report Details and Table of Contents
- The economic recovery is losing momentum alongside the escalation in the eurozone sovereign debt crisis. We expect economic activity to pick up in 2013, but warn that further demand destruction in the single currency area could slam the breaks on Bosnia's fragile recovery. We have revised down our 2012 and 2013 real GDP growth forecasts to 0.1% and 1.1% from 1.9% and 2.3% respectively.
- A central government may have finally been agreed, but political instability remains a lingering concern. The highly fractious state of Bosnian politics mean that future reform moment will likely be anaemic, preventing the country from realising its full growth potential.
- The IMF has agreed to a new 24-month loan for Bosnia, which will provide a welcome boost to investor sentiment and fiscal stability. However, we warn that risks of reform fatigue, missed fiscal targets and coalition instability remain, which would once again result in outstanding loan tranches being frozen.
- The construction and infrastructure sector in Bosnia and Herzegovina (BiH) rests on shaky ground as the eurozone crisis continues to deplete enthusiasm from investors. The coalition government adds further risk with unstable alliances and the risk of a much more pronounced downturn in economic activity. Construction industry value is forecast to stand at US$0.7bn in 2012, with average year-on-year (y-o-y) growth of 2.2% expecting to see the industry value rise marginally by 2016, to US$0.8bn.
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Business research reports at Fast Market Research
You may also be interested in these related reports:
- India Real Estate Report Q1 2013
- Indonesia Real Estate Report Q1 2013
- Taiwan Real Estate Report Q1 2013
- Kuwait Real Estate Report Q1 2013
- Chile Real Estate Report Q1 2013
- Brazil Real Estate Report Q1 2013
- Hungary Real Estate Report Q1 2013
- Saudi Arabia Real Estate Report Q1 2013
- Germany Real Estate Report Q1 2013
- Japan Real Estate Report Q1 2013