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Articles - Hrvatska

Osijek Receives IT Park and Business Center Worth 9.6 Million Euros

Three months ago, Osijek received an IT business center worth 8.7 million euros, a long-awaited and urgently needed boost for the further development of the IT industry. The IT industry in the largest city in eastern Croatia has been continuously growing for many years, but it simultaneously cries out for new spaces and infrastructural solutions that will further accelerate this growth.

Bruketa bought the building of the Era textile plant in Oprtlje

The well-known Croatian designer Davor Bruketa, co-owner of the agency Bruketa&Žinić&Grey, bought a building in Oprtlje where until 2020 the textile plant of the Era company was located, which has since been closed down

In the next three to five years, Immofinanz will invest in more than 20 retail parks throughout Croatia

Immofinanz, one of the leading companies for commercial real estate in this part of Europe, opened its 101st STOP SHOP retail park in Croatia.

The average price per square meter in Split is over 3,000 euros

The average price of an apartment in Zagreb in June was 2,200 euros per square meter and, compared to the same month last year, rose 3.6 percent, while in Split it increased 1.9 percent to 3,020 euros, according to a semi-annual review of the real estate market in Croatia. Colliers Croatia, Slovenia and BiH.

Two factors affect the growth of real estate prices in Zagreb

Zagreb is one of the most visited tourist destinations in Croatia, so it was an ideal city for renting daily apartments, but also for high real estate prices, especially in the center of the metropolis.

The price of new residential construction is the highest in ten years

The average price per square meter of new construction in the first half of 2021 reached the level of as much as 13,385 kuna for the level of the whole of Croatia, which has not been recorded in the last ten years.

The growth seems to have come to an end: The real estate market has stalled

The rise in the real estate market is coming to an end, experts say.

The appetites of property owners, however, are too great

Real estate is still a desirable investment, both in Europe and in the Republic of Croatia. The impact of the pandemic on the purchasing power of investors is felt, but it does not affect the price, which continues to grow on average. It has a negative impact primarily on real estate transactions, ie it is the cause of a decrease in the number of transactions throughout Croatia.
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