PRAGUE (ČIA) – The main factor influencing the real estate market in 2012 will be the situation on the banking market and the banks’ ability to finance new project and refinance existing loans. This was stated by George Lewis, the head of the Capital Markets department of the Prague branch of Jones Lang LaSalle (JLL). According to Mr. Lewis, the year of 2011 on the Czech market was characterised by the inflow of new investors, whose capital came e.g. from Canada and/or South Korea. JLL predicts that the trend will continue into 2012, due to investors’ high demand for the Czech Republic.
English News
JLL:Real estate market will be affected by banking market
30.01.2012 - 11:25 | English news
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