Colliers | Market Overview Croatia H2 2020

2020 was marked by a global health pandemic, a complete lockdown and a slowdown in most business activities. Although, on the arrival of the coronacrisis, Croatia was in the healthiest economic and investment situation so far. Investor demand is expected to remain strong for core properties this year: high-occupancy properties with prominent tenants and long-term leasehold. However, with the lack of a good product to offer on the market, it is to be expected that investors will also turn towards value-add properties. While demand in the residential market will be affected by the economic situation in the country, primarily the level of employment and wages.

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Market Overview Croatia H2 2020

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Petra Mann

Head of Valuation and Advisory Sevices

Zagreb

Petra joined Colliers in February 2016 as a Junior Valuer in the Investment and Valuation Advisory Services department. Her main responsibilities include property valuations, highest and best use studies, feasibility studies, market research and analysis across Croatia, Slovenia and BiH. As a Manager, Petra is actively involved in a process of recruitment for the Valuation and Advisory department, as well as mentoring junior members of the team. It is also her responsibility to work on planning and evaluating department activities.

In her work, Petra has successfully completed numerous projects for the various real estate segments: tourism (hotel, camps, resorts, marinas), residential, retail (shopping centres, big-boxes), office and industrial properties as well as the development and agricultural land. She has worked for clients such as:

Prior to joining Colliers, Petra worked in the retail industry for 5 years; in the international fashion chain Zara and local fashion companies Magma and Xnation. As an important part of her job, Petra analyzed the local and global trends on the performance of the company.

Petra holds Master’s degree from the Faculty of Textile-Technology, University of Zagreb, Croatia and Bachelor of Science degree in Mathematics and Economics from the University of London. In November 2018, she finished her education and gained a certificate in “Hotel Real Estate Investments and Asset Management” program from Cornell University’s School of Hotel Administration.

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