Croatia Real Estate Report 2016

Publisher Name :
Date: 28-Sep-2016
No. of pages: 55

BMI View: An overwhelming vote of no confidence in the Croatian Prime Minister, Tihomir Oreskovic, has

sent ripples through the Croatian parliament - delaying much-needed structural reforms and affecting

investor sentiment. Additionally, continued growth in public debt, high levels of unemployment and

headwinds from the volatile EU market post-Brexit will add further strain to the economy. We therefore

anticipate low levels of demand to continue across the commercial real estate sector, as investors remain

vigilant to the economic situation - which we believe will see rentals stagnate or see marginal declines.

Structural problems are plaguing the Croatian economy, alongside fiscal vulnerabilities such as growing

public debt and rising interest payments that look to impede the Balkan nation's economic recovery. As a

result, foreign direct investment flows are down significantly from levels seen prior to the financial crisis in

2008, slow corporate sector restructuring is further dragging on private sector growth, and high

unemployment, coupled with inactivity, is seeing poverty rise across the state - subsequently dwindling

consumer demand and restricting greater growth in spending that is needed to boost economic growth.

Owing to internal issues and external headwinds, the Croatian economy is considered less appealing than its

regional peers in the Central and Eastern European region - which has seen investors look to these nations

in order to mitigate the risk posed by investing in Croatian assets. This has effectively shackled the

commercial real estate market; with already established and domestic companies undergoing the majority of

activity. As a result, industry players predict that rentals for all three sub-sectors we cover in our forecast

will be subject to stagnation, and in some cases marginal decreases in rates.

Croatia Real Estate Report 2016

Table of Contents

BMI Industry View 7
SWOT 10
Political 12
Economic 13
Operational Risk 14
Industry Forecast 16
Office Forecast 16
Table: Office Rental Rates 19
Table: Office Yields 20
Retail Forecast 22
Table: Retail Rental Rates 25
Table: Retail Yields 26
Industrial Forecast 28
Table: Industrial Rental Rates 29
Table: Industrial Yields 30
Residential And Non-Residential Construction 31
Latest Updates 31
Table: Residential And Non-Residential Building Industry Data (Croatia 2015-2025) 32
Structural Trends 32
Table: Construction And Social Infrastructure Key Projects 35
Macroeconomic Forecast 36
Economic Analysis 36
Industry Risk/Reward Index 40
Table: Croatia Real Estate Risk Reward Index 40
Rewards 40
Risks 41
Market Overview 42
Competitive Landscape 44
Demographic Forecast 46
Table: Population Headline Indicators (Croatia 1990-2025) 47
Table: Key Population Ratios (Croatia 1990-2025) 47
Table: Urban/Rural Population & Life Expectancy (Croatia 1990-2025) 48
Table: Population By Age Group (Croatia 1990-2025) 48
Table: Population By Age Group % (Croatia 1990-2025) 49
Methodology 51
Industry Forecast Methodology 51
Sources 52
Risk/Reward Index Methodology 53
Table: Real Estate Risk/Reward Index Indicators 54
Table: Weighting Of Indicators 55

List of Tables

Table: Office Rental Rates
Table: Office Yields
Table: Retail Rental Rates
Table: Retail Yields
Table: Industrial Rental Rates
Table: Industrial Yields
Table: Residential And Non-Residential Building Industry Data (Croatia 2015-2025)
Table: Construction And Social Infrastructure Key Projects
Table: Croatia Real Estate Risk Reward Index
Table: Population Headline Indicators (Croatia 1990-2025)
Table: Key Population Ratios (Croatia 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Croatia 1990-2025)
Table: Population By Age Group (Croatia 1990-2025)
Table: Population By Age Group % (Croatia 1990-2025)
Table: Real Estate Risk/Reward Index Indicators
Table: Weighting Of Indicators
  • Global Luxury Apparels Market To Do Well Owing To Numerous International Brands
    The global luxury apparels market is fired by the intensifying number of fashion marques and many designers getting wide-ranging clienteles in the form of cost-effective products. The global luxury apparels market was at US$1, 8842.69 million in 2015 and is forecast to reach US$60,793.7 million by the end of 2024. This segment of luxury goods [...]
  • Global Health and Wellness Market Boosted By Organic Products and Wearables
    Healthcare has constantly been a profitable area where buyers spend belligerently. But now, with increasing disposable earnings amid the city population and ground-breaking approaches and innovative products being developed, the overall health and wellness market is estimated for a healthy prospect. The health and wellness market is presently very dynamic owing to growing alertness amongst [...]
  • Increasing New Outlets And Striking Offers To Drive Global Pizza Market
    The global pizza market is predicted to grow at a steady CAGR of about 3% by 2020. Pizza has been gaining massive acceptance globally in the last few years. Consequently, the global pizza market is anticipated to observer considerable progress in the coming years. The growing number of pizzerias is one of the major elements [...]
  • Healthy Diet Demand In Developed Economies To Boost Nutraceuticals
    As customers scuffle to keep up with the frantic lifestyles, the necessity for healthy nutrition rises owing to dearth of time to spend on laborious exercises.  Customers are shifting their attention to swift and healthy food behaviours. Increase in intake of beverages and functional food has offered makers of nutraceuticals with money-spinning prospects to benefit [...]
  • World Economic Forum Unveils Top 10 Emerging Technologies of 2016
    The World Economic Forum (WEF) and Scientific American lately unveiled the major technological innovation list of the top ten emerging technologies of 2016. This list emphasizes on the technological developments which have the supremacy to transform industries, protect the planet, and improve lives. It also presents an opening to discuss any societal, human, economic or [...]
  • China Real Estate Report 2017
    Published: 16-Nov-2016        Price: US 1295 Onwards        Pages: 80
    BMI View: Government stimulus appears to have stabilised the Chinese economy over recent quarters. However, structural issues now pose liquidity and credit risks, with a price correction in real estate, or further contractions in domestic demand, potentially leading to economic turmoil. Commercial real estate is supported by solid demand during a time of uncertainty, especially in the prime office and retail subsectors. As international companies keep demand high for spac......
  • Germany Real Estate Report 2017
    Published: 16-Nov-2016        Price: US 1295 Onwards        Pages: 56
    BMI View: German commercial real estate offers significant potential for investment, with the office and retail sub-sectors outperforming regional markets. Instability in the eurozone, dwindling global demand and rising debt have been shrugged off by strong macroeconomics, supporting stable economic growth. We believe there is room for further rental growth in 2017, on the back of bullish sentiment, high demand and greater business confidence. Germany is the fourth ......
  • Australia Real Estate Report 2017
    Published: 09-Nov-2016        Price: US 1295 Onwards        Pages: 59
    BMI View: Commercial real estate in Australia has weathered external headwinds from a slowdown in China, global economic uncertainty and a fall commodities prices. This can be attributed to the influx of foreign investment into prime assets that has kept prices buoyant and rental rates comparatively high. However, the surge of acquisitions from foreign investors has led to falling capitalisation rates, primarily influenced by a lack of supply. The current investment clima......
  • Hong Kong Real Estate Report 2017
    Published: 09-Nov-2016        Price: US 1295 Onwards        Pages: 63
    BMI View: The office sub-sector is likely to perform better than retail and industrial real estate over the next two years. However, the outlook for all three sub-sectors points to greater vibrancy, with higher levels of activity in both the leasing and investment market as economic growth picks up momentum from 2017 onwards. Economic growth in Hong Kong is expected to be weak in 2017, with GDP forecast to rise by 1.7%. This reflects the slowdown in domestic demand ......
  • Taiwan Real Estate Report 2016
    Published: 05-Oct-2016        Price: US 1295 Onwards        Pages: 53
    BMI View: The brief Taiwan recession - ending in Q216 and resulting in a trade volumes slump for the export-orientated nation - sent shockwaves through the economy, affecting foreign direct investment flows and seeing domestic demand dwindle. As a result, the commercial real estate industry has been rather dormant over the course of 2016, with only eight transactions recorded in the last six months. A return to growth for Taiwan will bode well for the commercial real ......
  • Ukraine Real Estate Report 2016
    Published: 14-Sep-2016        Price: US 1295 Onwards        Pages: 49
    BMI View: A return to GDP growth signals that the economy has crawled out of recession, and with greater public acceptance in the newly established Groysman government, we believe there is potential for increased investment into the economy over the next few years. However, continued armed conflict along the eastern border, low GDP per capita and high unemployment serve as warnings to potential investors in the commercial real estate sector. The commercial real esta......
  • South Korea Real Estate Report 2016
    Published: 31-Aug-2016        Price: US 1295 Onwards        Pages: 64
    BMI View: South Korea's commercial real estate sector should remain stable in 2016, benefiting from a positive economic outlook. Demand for space is expected to be underpinned by expansion in the services sector, higher purchasing power and accelerating growth in online shopping. The slowdown in the Chinese economy poses a risk to the overall performance of the South Korean economy and hence the property market, but on the whole we believe that the long-term outlook is br......
  • Romania Real Estate Report 2016
    Published: 31-Aug-2016        Price: US 1295 Onwards        Pages: 58
    BMI View: A steady recovery in the Romanian economy, based on strong fundamental macroeconomics in terms of wages, consumer spending and employment figures, should see demand remain steady across the commercial real estate sector for 2016. Headwinds from EU economic uncertainty and lower global demand have seen buyers and tenants favour prime locations in established cities to avoid 'high-risk' assets. However, dwindling supply lines offer stability in rental rates, and r......
  • Venezuela Real Estate Report 2016
    Published: 17-Aug-2016        Price: US 1295 Onwards        Pages: 52
    BMI View: Years of economic mismanagement and the fall in the price of oil have plunged Venezuela into an economic crisis. Private sector investment has shrunk and consumer purchasing power has been eroded due to hyper-inflation. The worsening economic conditions have impacted negatively on all three sectors of the commercial property market and we do not expect this to change in the short term. Venezuela's economy has continued to deteriorate since our last report. Dimin......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs