Central European Real Estate Markets, 1999-2000

The aim of this research was a comparative study of the development of and globalisation of real estate markets in three capital cities of Budapest, Prague and Warsaw. The specific objectives of the research are:<br> to identify the form and inter-relationship between administrative structures/agencies and the operation of the planning and development process at the metropolitan and borough levels;<br> to identify the means of financing real estate development in central Europe, particularly the role of international institutional and emerging local investors;<br> to identify the supply side constraints, regional demand-side prospects and national investment processes; <br> to identify the structure and working processes of the real estate investment market;<br> to ascertain the changing trend of economic activities, particularly commercial and business, and their spatial and property impacts.