News Feature
Accommodation Croatia: The growth continues
28 February 2008
Another leading investment firm has turned its attention across the Adriatic in order to take advantage of Croatia's booming property market.
Greek company Global Finance plans to set up a property fund to "screen" the investment potential of holiday segments, residential developments, offices and mixed-use compounds in the country.
According to the Sofia Echo, the 350 million-euro (£175 million) sum follows a similar venture focussed on Bulgaria, Romania and Serbia.
Earlier this year, leading international property consultant Colliers International opened a new office in Split and promised to transform the city into "the real centre of Dalmatia".
With the construction of crowd-pulling shopping centres and office developments in the pipeline, the move added to Croatia's status as a burgeoning property hotspot for both buyers and renters of Croatian villas and apartments.
Although Global Finance has yet to confirm which areas of the country it will be focussing on with its developments, Colliers' Split office adds to existing bases in Zagreb and Dubrovnik.
Category: Southern Dalmatia, Korcula and Peljesac & Dubrovnik & Tourism News/trends
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