2012-10-24 16:21:00 - New Business research report from Business Monitor International is now available from Fast Market Research

The Bosnia & Herzegovina (BiH) Real Estate report examines the commercial office, retail, industrial and construction segments throughout the country, in the context of the struggling domestic and regional economy.

With a focus on the three principal cities of Sarajevo, Trebinje and Zenica, the report covers the rental market performance in terms of rates and yields over the past 18 months and examines how best to maximise returns in commercial real estate, while minimising investment risk and exploring the impact of the eurozone crisis on an already struggling market.

Our latest data collection, for the first six months of 2012, has revealed an industry-wide contraction in rental rates across all geographies surveyed, continuing the downturn of 2011 and undoing much of the

positive growth seen in 2010. The industrial sector has weathered the storm better than its counterparts due, in part, to the increased lease-length cycle, but in the medium term we expect the retail sector in particular to outperform.


Full Report Details at
- www.fastmr.com/prod/464438_bosniaherzegovina_real_estate_report_ ..


Key Points:

* Despite the lack of timely GDP data, it is becoming increasingly clear that Bosnia's economic outlook is deteriorating rapidly. Data from the industrial and export sectors show a marked weakening in activity during the first half of the year, with any meaningful improvement unlikely by year-end. Providing significant impediments to the recovery are the eurozone debt crisis which is hitting trade, as well as domestic headwinds such as the ongoing political disunity and temporary output suspension in the aluminium and energy industries.
* Bosnia has secured a fresh two-year Stand-By Arrangement (SBA) from the IMF, which had previously suspended loans as a result of slow progress on economic reforms and a lengthy spell of political stalemate. Although the SBA has improved short-term fiscal stability, we warn that with confidence intrinsically tied to the bailout programme and given the anaemic pace of reform, investor sentiment could turn sour quickly, should the IMF suspend any outstanding loan tranches over the next two years.
* BiH's construction sector continues to struggle against a headwind of uncertainty. Should the eurozone crisis pass the point of no return, or if Bosnia's coalition government collapses, there is a risk of a much more pronounced downturn in economic activity. Construction industry value is forecast to stand at US$0.92bn in 2012, with average year-on-year growth of just 1.5% expected between 2012 and 2016, reaching value of US$1.1bn.

Report Table of Contents:

Executive Summary
SWOT Analysis
- Bosnia & Herzegovina Real Estate/Construction SWOT
- Bosnia & Herzegovina Political SWOT
- Bosnia & Herzegovina Economic SWOT
- Bosnia & Herzegovina Business Environment SWOT
Real Estate Market Overview
Market Analysis - Office
- Supply And Demand
- Rents And Yields
- Table: Historic Rents - 2011-2012 (EUR per m2/month)
- Table: Net Yield, 2011-2012 (%)
- Table: Terms Of Rental Contract/Lease - H112
- Industry Forecast Scenario
- Table: Forecast Rents (EUR per m2/month)
- Table: Forecast Net Yield, 2008-2016 (%)
Market Analysis - Retail
- Supply And Demand
- Rents And Yields
- Table: Historic Rents - 2011-2012 (EUR per m2/month)
- Table: Net Yield, 2011-2012 (%)
- Table: Terms Of Rental Contract/Lease - H112
- Industry Forecast Scenario
- Table: Forecast Rents (EUR per m2/month)
- Table: Forecast Net Yield, 2008-2016 (%)
Market Analysis - Industrial
- Rents And Yields
- Table: Historic Rents - 2011-2012 (EUR per m2/month)
- Table: Net Yield, 2011-2012 (%)
- Table: Terms Of Rental Contract/Lease - H112
- Industry Forecast Scenario
- Table: Forecast Rents (EUR per m2/month)
- Table: Forecast Net Yield, 2008-2016 (%)
Forecast Scenarios
- Construction And Infrastructure Outlook
- Table: Bosnia Construction And Infrastructure Industry Data, 2008-2016
- Table: Bosnia Construction And Infrastructure Industry Long-Term Forecasts, 2013-2021
- Macroeconomic Outlook
- Table: Bosnia-Herzegovina - Economic Activity
Real Estate Risk/Reward Ratings
- Real Estate/Construction Risk/Reward Ratings
- Table: Central and Eastern Europe Real Estate Risk/Reward Ratings
- Business Environment Outlook
- Table: BMI Business And Operation Risk Ratings
- Institutions
- Table: BMI Legal Framework Rating
- Infrastructure
- Table: Labour Force Quality
- Market Orientation
- Table: Emerging Europe - Annual FDI Inflows
- Table: Trade And Investment Ratings
- Table: Top Export Destinations
- Operational Risk
Competitive Landscape
Company Profiles
- BBI Real Estate
- Delta Real Estate Group
- GP Put d.d. Sarajevo
- STRABAG SE
- Vranica d.d. Sarajevo
Demographic Data
- Table: Bosnia & Herzegovina's Population By Age Group, 1990-2020 ('000)
- Table: Bosnia & Herzegovina's Population By Age Group, 1990-2020 (% of total)
- Table: Bosnia & Herzegovina's Key Population Ratios, 1990-2020
- Table: Bosnia & Herzegovina's Rural And Urban Population, 1990-2020
BMI Methodology
- How We Generate Our Industry Forecasts
- Construction Industry
- Bank Lending
- Real Estate/Construction Business Environment Rating
- Table: Weighting Of Indicators
- Sources

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.