News

Font size: A A A

Real Estate Experts Positive on Bulgaria Economic Prospects

Wednesday, Jun 10, 2009

Real Estate experts Cushman and Wakefield have stated that Bulgaria is one of the countries in Europe with the possibility of having a more robust short term economic performance.

In its bi-monthly report Cushman and Wakefield suggested that there are signs of an economic recovery in some parts of Europe.

They stated; "It's certainly true that the public's imagination has been caught. A quick look at Google shows a marked increase in stories related to ‘green shoots' appearing this spring, along with a corresponding fall in ‘recession' stories."

The report went on to state that "in the short term, more robust performances are expected by Greece, Norway and France in the West and Poland, followed by the Czech Republic, Slovakia and Bulgaria in the East."

The report concluded by saying that new property investors should act in anticipation of economic stabilization and that existing players are already getting ready to act.

Source: Sofia News Agency