©Andrej Isakovic/AFP/Getty Images

In this report

Central and eastern Europe remains a risky place for investors in real estate. But foreign money is flowing into the region again, demonstrating that some with strong nerves believe there are high returns on offer.

Investors hold nerve as deals roll on

Ups and downs: shoppers flock to Warsaw’s new malls
©John Guillemin/Bloomberg News

Money is returning to the region in spite of market jitters

Not ducking the issue: street protests against Belgrade Waterfront
©Andrej Isakovic/AFP/Getty Images

Waterfront plan raises Serbian ire

Sprawling development for River Sava area of Belgrade has prompted strong criticism

Beata Szydlo, the Polish prime minister
©Adam Guz/Getty

Investors worry over Poland’s politics

Poland’s ruling party has startled those who have become used to stability

Life goes on: apartment blocks being built near the Dnieper river in Kiev, Ukraine
©Vincent Mundy/Bloomberg

Conflict in Ukraine weighs on asset values

Prices are subdued but development continues away from Donbass

In demand: Dacia’s factory in Pitesti
©Chris Ratcliffe/Bloomberg

Bucharest market hits the road to recovery

Stability and growth in Romania have caught investors’ attention

Shop ’til you drop: Galeria Echo in Kielce, Poland

Wave of investors hunts for high returns

Arrivals from Asia and South Africa are competition for western backers

Warsaw Spire
©Filip Bramorski

Warsaw millennials want creature comforts

Employers are enticing staff with informal work spaces

Renaissance: inside the Ufficio Primo

Jan Kulczyk left his mark on the skyline

If you seek his work, just look around Warsaw

Baltic capitals still offer scope for returns

A rebound in confidence is well underpinned

Illustration for Central and Eastern Europe Property April 2015 special report by James Fryer
©James Fryer

Flood of cash flows beyond Warsaw

Second-tier cities and other countries are benefiting from global funds looking for yield

Budapest appeals at home and abroad

City centre office and residential real estate is behind the recovery and rising prices

Oil price fall and sanctions affect Russian property market

Both commercial and residential sectors are struggling

Outsourcing boom boosts Poland’s office construction

The business services industry is expected to employ almost 200,000 people in 2017

Russian buyers have deserted Latvia’s market

The weakening rouble has cut demand sharply

David Mitzner, a visionary surrounded by miracles

The father of the central and eastern European property industry turns 100