Know-how in the CEE

Hollingworth & Associates have been operating in the property markets of Central and Eastern Europe for over a decade.

During this period, the majority of these countries have experienced an intese period of transition from communist regimes to market economies. Indeed, many of them are still undergoing considerable change.

Clearly, while there are superb investment opportunities to be had as a result of their evident growth, there are also the associated risks of investing in countries that are still finding their feet.

Understanding The Marketplace

This is where H&A’s expertise and specialist knowledge comes in. We have lived and worked in these countries during their most difficult of times. So we understand a deal beyond its face value. We know what goes on ‘underneath’ and around a project.

On top of an appraisal of the overseas property market and economic climate, we take into account the people, the politics, the culture, the history, and the geography – some of which may seem less important against the financial returns. But in our view, you need a clear picture of a country and its context to gauge a vision of how the future is likely to pan out and whether a market is sustainable.

Giving A Marketplace A Context

Putting the investment in a wide context also helps us to measure the worst case scenario if there is a downturn. We picture the people we’re dealing with from every angle, the kinds of governments, and what could go wrong as a result of a country’s historical background. You may be thinking ‘Just look at the Balkans’ history – now there’s a brilliant example of what could flair up again.’ That’s exactly why it’s important to understand what’s going on, on the ground. These are the very aspects that should be factored into the risk mitigation process.

Tried and Tested Experts

Experienced, as well as tried and tested, contacts are one of the most formidable ways to ascertain accurate information. H&A is proud to say that it has established relationships with numerous respected local experts. We also have key inside market intelligence at our disposal. Having these networks and this level of competence available to us contributes significantly in helping us uncover the best deals, and offering investors transparency through thorough research.