EBRD boosts Croatia’s 2024 GDP growth forecast

The European Bank for Reconstruction and Development (EBRD) expects Croatia’s real economic growth to reach 3.6% this year, an upward revision of 0.7 percentage points from its previous forecast in May. EBRD also lifted its forecast for Croatia’s real GDP growth...

UK Housing market sees slow recovery

British property surveyors expect sales to continue to grow in the coming months after a gauge of house prices turned positive for the first time in nearly two years, though concerns remained about affordability despite easing borrowing costs. The Royal Institution of...

Apartment market in Belgrade slowing down

According to the data of the Republic Geodetic Authority (RGA), the apartment price index in the second quarter of 2024 amounted to 164.56, which is a growth of 4.68% compared to the same period last year. However, in Belgrade, there has been a slight drop in...

UK Interest Rates Fall For The First Time In 4 Years

The Bank of England has cut interest rates for the first time since the start of the pandemic. Even though it was a move that was anticipated, it will be seen as a boost for the commercial real estate sector. The day after the Federal Reserve decided to maintain rates...