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2023 SEE Real Estate Market Outlook
CBRE Research experts share their views on what’s in store for the SEE region economy, office, industrial, retail and capital markets for 2023 and beyond.

Property Types
Our Leadership Team
Related Insights
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The CEE (including CEE core 5, SEE, and Baltics) real estate market recorded a marginal quarter-on-quarter increase of only 3%. Moreover, the annual trend marks a slowdown of 42%. Out of 1.6B EUR, the CEE-5 countries represented 85% of the investment volume, SEE 11% & Baltics region 5%.
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Sofia Office Figures Q3 2023
After an active first half of the year which has brought the deliveries of numerous new office buildings, the third quarter of the year has remained calm, with no noted completions.
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There have been no significant brand entries since the beginning of the year. Nevertheless, retailers continued to expand in existing retail schemes and newly developed retail parks.