Consulting company bulwiengesa AG provides the European real estate industry with the advice and data it needs to underpin investment decisions. The firm recently completed a series of well-received articles for The Letter – Europe on the countries and real estate markets of central and eastern Europe, which are agreed to be at various stages of development. Editor Richard Fleming spoke recently with director of business development and data management Thomas Vosskamp, based in Munich, about the prospects for the countries of the region and about the impact that current economic and political events are having on their development.

The table in the first bulwiengesa article in October 2013 had Poland, the Czech Republic, Hungary, Slovakia and Slovenia in Group A, as “Steady growth” countries. A year later, in the final article of the series, the updated table showed that Hungary and Slovenia had fallen out of Group A and th