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The ECB has been studying the risks that the CRE downturn is posing to banks after a downturn triggered by rising rates.
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Real estate contributes about 20% to 35% to the country's total FDI every year.
By the end of 2024, it is estimated that an additional 125,000 sq.m. will be added. in the existing green stock and by the end of 2026 it is predicted that an additional 210,000 sq.m. will have been developed.