{"id":892,"date":"2020-02-11T23:10:26","date_gmt":"2020-02-11T20:10:26","guid":{"rendered":"http:\/\/nalog.fr\/hrtrendovi-trzista-komercijalnih-nekretnina-u-europi-i-sad-u-cijena-prinos-i-perspektive\/"},"modified":"2020-02-11T23:10:26","modified_gmt":"2020-02-11T20:10:26","slug":"hrtrendovi-trzista-komercijalnih-nekretnina-u-europi-i-sad-u-cijena-prinos-i-perspektive","status":"publish","type":"post","link":"https:\/\/nalog.fr\/hr\/hrtrendovi-trzista-komercijalnih-nekretnina-u-europi-i-sad-u-cijena-prinos-i-perspektive\/","title":{"rendered":"Trendovi tr\u017ei\u0161ta komercijalnih nekretnina u Europi i SAD-u: cijena, prinos i perspektive"},"content":{"rendered":"<p>Prema JLL, u prvoj polovici 2016 godine u globalnu komercijalne nekretnine je ulo\u017eeno oko 260 milijardi eura, \u0161to je za 10 % manje nego u prvom polugodi\u0161tu 2015. To je u velikoj mjeri zbog usporavanja aktivnosti na dva najve\u0107a tr\u017ei\u0161ta svijeta \u2014 sad-u, gdje su ulaganja u dolarima smanjen za 16 %, zbog \u0443\u043a\u0440\u0435\u043f\u0438\u0432\u0448\u0435\u0439\u0441\u044f valute, i na britanskom (-28 %), gdje je vladala neizvjesnost u vezi s &#8220;\u0411\u0440\u0435\u043a\u0437\u0438\u0442\u043e\u043c&#8221;.<\/p>\n<p>     <i><\/i><\/p>\n<p>Razmotrite tr\u017ei\u0161ta prihoda nekretnina sedam zemalja:<\/p>\n<ul>\n<li>Austriji,<\/li>\n<li>U velikoj britaniji,<\/li>\n<li>U njema\u010dkoj,<\/li>\n<li>U \u0161panjolskoj,<\/li>\n<li>SAD,<\/li>\n<li>U francuskoj,<\/li>\n<li>\u010ce\u0161koj.<\/li>\n<\/ul>\n<h2 id=\"1\">Austrija<\/h2>\n<p><strong>Investicije<\/strong>. U prvoj polovici 2016 godine u komercijalne nekretnine u Austriji je ulo\u017eeno 1,5 milijardi eura, \u0161to je 8,5 puta vi\u0161e nego u istom razdoblju 2015. To se obja\u0161njava \u010dinjenicom da je za prvih \u0161est mjeseci ove godine bio zatvoren nekoliko zna\u010dajnih transakcija, me\u0111u kojima je prodaja kule IZD 270 milijuna eura. Na austrijskom tr\u017ei\u0161tu prevladavaju investitori iz Njema\u010dke.<\/p>\n<p><strong>Urede<\/strong>. Na urede morao 54 % ulaganja u prvih \u0161est mjeseci ove godine. Potra\u017enja u Be\u010du je ve\u0107a od ponude, i prazna je samo 6 % prostora. Aktivnost u uredu tr\u017ei\u0161tu usporava i nedovoljna ponuda. Prosje\u010dni prinos \u2014 4,2 % godi\u0161nje.<\/p>\n<p><strong>Trgovanje nekretninama<\/strong>. U I kvartalu 2016 u segment je bio ugra\u0111en samo 1% za ulaganja, ali u 2015 godine on je dobio oko \u010detvrtine kapitala. Prosje\u010dni prinos \u2014 4-5 %.<\/p>\n<p><strong>Skladi\u0161ta<\/strong>. U ovom sektoru nije dovoljno kvalitetan proizvod. Kupci skladi\u0161ta u ve\u0107ini slu\u010dajeva zauzimaju ih sami, a ne iznajmljuju. Prinos \u2014 6,5 % u Be\u010du i 7 % u Grazu.<\/p>\n<p><strong>Smje\u0161taj<\/strong>. Od 2008 do 2015 godina cijene stanova u Be\u010du je porasla za 75 %. Me\u0111u kupcima su na gradskom tr\u017ei\u0161tu 40 % \u2014 stranci. Prosje\u010dni prinos stambeno \u2014 3,5\u22124 %.<\/p>\n<table>\n<tr>\n<th>Vrsta nekretnine<\/th>\n<th>Najam,<br \/>eura\/m2<br \/>u mjesec<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>najam, %<\/th>\n<th>Cijene<br \/>eura\/m2<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>cijena, %<\/th>\n<th>Prinos,<br \/>%<\/th>\n<th>Prognoza<br \/>na 2016-2017<\/th>\n<\/tr>\n<tbody>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>Be\u010d<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>20,8<\/td>\n<td>-0,6<\/td>\n<td>6 087,8<\/td>\n<td>13,9<\/td>\n<td>4,1<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>240,0<\/td>\n<td>0,0<\/td>\n<td>82 285,7<\/td>\n<td>17,1<\/td>\n<td>3,5<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>88,0<\/td>\n<td>0,0<\/td>\n<td>20 705,9<\/td>\n<td>2,9<\/td>\n<td>5,1<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>4,8<\/td>\n<td>0,0<\/td>\n<td>876,9<\/td>\n<td>11,5<\/td>\n<td>6,5<\/td>\n<td>&#x2194;<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>14,4<\/td>\n<td>-2,0<\/td>\n<td>4 928,0<\/td>\n<td>8,4<\/td>\n<td>3,5<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>Graz<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>11,3<\/td>\n<td>0,0<\/td>\n<td>2 076,9<\/td>\n<td>9,2<\/td>\n<td>6,5<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>88,0<\/td>\n<td>0,0<\/td>\n<td>24 000,0<\/td>\n<td>8,0<\/td>\n<td>4,4<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>40,0<\/td>\n<td>0,0<\/td>\n<td>7 619,0<\/td>\n<td>3,2<\/td>\n<td>6,3<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>4,0<\/td>\n<td>0,0<\/td>\n<td>685,7<\/td>\n<td>7,1<\/td>\n<td>7,0<\/td>\n<td>&#x2194;<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>11,3<\/td>\n<td>-2,8<\/td>\n<td>3 055,0<\/td>\n<td>3,6<\/td>\n<td>4,4<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"2\">Velika britanija<\/h2>\n<p><strong>Investicije<\/strong>. Velika britanija \u2014 najve\u0107i europski tr\u017ei\u0161te nekretnina. U 2015 poslovni objekti u ovoj zemlji je stajala 73 milijarde eura, od \u010dega je gotovo polovica je do\u0161ao u Veliki London. Pri tome je 43 % investitora \u2014 stranci, uglavnom amerikanci. U prvoj polovici 2016-og ulaganja u ovaj segment tr\u017ei\u0161ta iznosila je oko 29 milijardi eura, \u0161to je za 28 % manje u odnosu na isto razdoblje 2015.<\/p>\n<p><strong>Urede<\/strong>. U I kvartalu 2016 na urede morao 42 % ulaganja. Najam stope rastu, prinos je smanjen. Uredi premium segmenta u Londonu donose 3,6 % godi\u0161nje.<\/p>\n<p><strong>Trgovanje nekretninama<\/strong>. U I kvartalu 2016 u segment je ulo\u017eeno 14 % ulaganja. Stope prinosa premium sadr\u017eaja street-\u0440\u0435\u0442\u0435\u0439\u043b\u0430 imaju tendenciju smanjenja (3,4 % godi\u0161nje u Londonu).<\/p>\n<p><strong>Skladi\u0161ta<\/strong>. U I kvartalu 2016 skladi\u0161ta morao 12 % ulaganja. Na razvoj sektora povoljno utje\u010de na rast online trgovinu u zemlji. Prinos skladi\u0161ta u Londonu \u2014 4,8 %.<\/p>\n<p><strong>Smje\u0161taj<\/strong>. Od 2007 godine (prethodni vrh) 2015 smje\u0161taj u Londonu porasla za 50 %. U velikoj Britaniji je u istom razdoblju rast iznosio samo 7 %. Prinos stanova u britanskom glavnom gradu \u2014 2,4 %.<\/p>\n<table>\n<tr>\n<th>Vrsta nekretnine<\/th>\n<th>Najam,<br \/>eura\/m2<br \/>u mjesec<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>najam, %<\/th>\n<th>Cijene<br \/>eura\/m2<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>cijena, %<\/th>\n<th>Prinos,<br \/>%<\/th>\n<th>Prognoza<br \/>na 2016-2017<\/th>\n<\/tr>\n<tbody>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>London<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>100,0<\/td>\n<td>9,5<\/td>\n<td>33 333,3<\/td>\n<td>17,1<\/td>\n<td>3,6<\/td>\n<td>&#x2194;<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>500,0<\/td>\n<td>7,7<\/td>\n<td>176 470,6<\/td>\n<td>15,6<\/td>\n<td>3,4<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>415,0<\/td>\n<td>-5,0<\/td>\n<td>124 500,0<\/td>\n<td>0,9<\/td>\n<td>4,0<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>16,3<\/td>\n<td>0,0<\/td>\n<td>4 126,3<\/td>\n<td>5,3<\/td>\n<td>4,8<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>25,0<\/td>\n<td>6,2<\/td>\n<td>12 574,0<\/td>\n<td>8,2<\/td>\n<td>2,4<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>Manchester<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>39,2<\/td>\n<td>1,6<\/td>\n<td>9 400,0<\/td>\n<td>1,6<\/td>\n<td>5,0<\/td>\n<td>&#x2194;<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>135,0<\/td>\n<td>5,8<\/td>\n<td>38 117,6<\/td>\n<td>18,2<\/td>\n<td>4,3<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>175,0<\/td>\n<td>1,5<\/td>\n<td>44 210,5<\/td>\n<td>6,8<\/td>\n<td>4,8<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>7,3<\/td>\n<td>4,3<\/td>\n<td>1 581,8<\/td>\n<td>4,3<\/td>\n<td>5,5<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>12,4<\/td>\n<td>n\/d<\/td>\n<td>3 402,0<\/td>\n<td>3,5<\/td>\n<td>4,4<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"3\">Njema\u010dka<\/h2>\n<p><strong>Investicije<\/strong>. ZAPADNA njema\u010dka je druga po veli\u010dini na tr\u017ei\u0161tu nekretnina u Europi nakon velike Britanije. U prvoj polovici 2016 godine u komercijalni sadr\u017eaji Njema\u010dkoj je ulo\u017eeno 17,5 milijardi eura, \u0161to je 4 % manje u odnosu na prvi \u043f\u043e\u043b\u0443\u0433\u043e\u0434\u0438\u044e 2015. Oko 40 % investitora \u2014 stranci.<\/p>\n<p><strong>Urede<\/strong>. U I kvartalu 2016 godine na urede odr\u017ean je gotovo polovica ulaganja. U gradovima &#8220;sedam&#8221; potra\u017enja raste br\u017ee od ponude, car je sve skuplji, a prinos se smanjuje. Kvalitetne uredi donose oko 4 % godi\u0161nje.<\/p>\n<p><strong>Trgovanje nekretninama<\/strong>. U I kvartalu 2016 u segmentu ulo\u017eeno je 20 % investicije. Stope prinosa premium sadr\u017eaja street-\u0440\u0435\u0442\u0435\u0439\u043b\u0430 imaju trend smanjenja. U prosjeku oni donose 3-4 % godi\u0161nje.<\/p>\n<p><strong>Skladi\u0161ta<\/strong>. U I kvartalu 2016 skladi\u0161ta morao 10 % ulaganja. Zbog nedostatka kvalitetnih prijedloga i sna\u017ene potra\u017enje prinos se smanjuje (5-6 % godi\u0161nje).<\/p>\n<p><strong>Smje\u0161taj<\/strong>. 2011-2015 smje\u0161taj u Njema\u010dkoj porasla u prosjeku 55 %, u M\u00fcnchenu \u2014 65 %, u Berlinu \u2014 gotovo 2 puta. Dugoro\u010dni najam apartmana donosi u prosjeku oko 3 %.<\/p>\n<table>\n<tr>\n<th>Vrsta nekretnine<\/th>\n<th>Najam,<br \/>eura\/m2<br \/>u mjesec<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>najam, %<\/th>\n<th>Cijene<br \/>eura\/m2<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>cijena, %<\/th>\n<th>Prinos,<br \/>%<\/th>\n<th>Prognoza<br \/>na 2016-2017<\/th>\n<\/tr>\n<tbody>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>Berlin<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>17,8<\/td>\n<td>6,7<\/td>\n<td>5 340,0<\/td>\n<td>20,0<\/td>\n<td>4,0<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>244,0<\/td>\n<td>1,7<\/td>\n<td>77 052,6<\/td>\n<td>9,7<\/td>\n<td>3,8<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>92,0<\/td>\n<td>0,0<\/td>\n<td>25 976,5<\/td>\n<td>11,8<\/td>\n<td>4,3<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>5,8<\/td>\n<td>4,5<\/td>\n<td>1 200,0<\/td>\n<td>13,6<\/td>\n<td>5,8<\/td>\n<td>&#x2194;<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>10,3<\/td>\n<td>1,1<\/td>\n<td>3 651,1<\/td>\n<td>10,5<\/td>\n<td>3,4<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>M\u00fcnchen<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>26,8<\/td>\n<td>0,0<\/td>\n<td>8 691,9<\/td>\n<td>4,1<\/td>\n<td>3,7<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>296,0<\/td>\n<td>0,0<\/td>\n<td>107 636,4<\/td>\n<td>6,1<\/td>\n<td>3,3<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>126,7<\/td>\n<td>0,0<\/td>\n<td>38 984,6<\/td>\n<td>9,0<\/td>\n<td>3,9<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>7,0<\/td>\n<td>7,7<\/td>\n<td>1 555,6<\/td>\n<td>19,7<\/td>\n<td>5,4<\/td>\n<td>&#x2194;<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>17,2<\/td>\n<td>2,2<\/td>\n<td>7 353,0<\/td>\n<td>8,9<\/td>\n<td>2,8<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"4\">\u0160panjolska<\/h2>\n<p><strong>Investicije<\/strong>. U godini 2015. iznos ulaganja u \u0161panjolskom nekretnina nalazio se nakon krize \u2014 13 milijardi eura, \u0161to je 25 % vi\u0161e u odnosu na 2014. Me\u0111utim, u prvoj polovici 2016 u segmentu ulo\u017eeno je 3,4 milijarde eura, \u0161to je za 20% manje u odnosu na isto razdoblje prethodne godine. Broj stranih investitora pove\u0107ava: u 2015, udio stranaca na tr\u017ei\u0161tu komercijalnih nekretnina iznosio je oko 50 %, u prvoj polovici 2016 \u2014 ve\u0107 73 %.<\/p>\n<p><strong>Urede<\/strong>. U 2015 godine ovaj sektor je morao 43 % ulaganja. Potra\u017enja za iznajmljivanje u Madridu i Barceloni je bio najvi\u0161i u posljednjih 9 godina. Me\u0111utim, na tr\u017ei\u0161tu je jo\u0161 uvijek visok postotak slobodnih prostora: u Madridu prazna 15,9 % urede u Barceloni \u2014 14 %, za njihov prinos u Madridu i Barceloni je 4,3 i 4,5 %, respektivno.<\/p>\n<p><strong>Trgovanje nekretninama<\/strong>. U 2015, u trgova\u010dkim centrima i naseljima u \u0160panjolskoj je ulo\u017eeno 2,65 milijardi eura (rekord za 10 godina). Prinos street-\u0440\u0435\u0442\u0435\u0439\u043b\u0430 je oko 4 %, trgova\u010dkih kompleksa \u2014 5 %.<\/p>\n<p><strong>Skladi\u0161ta<\/strong>. Potra\u017enja u Madridu i Barceloni ve\u0107a od ponude, i broj praznih objekata se brzo smanjuje. Prinos od oko 7 %.<\/p>\n<p><strong>Smje\u0161taj<\/strong>. Od 2007. godine, kada je \u0161panjolski tr\u017ei\u0161tu dosegla vrhunac, do 2015 (razdoblje dna nakon krize) smje\u0161taj u \u0160panjolskoj \u043f\u043e\u0434\u0435\u0448\u0435\u0432\u0435\u043b\u043e na 43 %. Najve\u0107i potencijal rasta cijena posjeduju tr\u017ei\u0161ta Barcelone i Madrida. Prinos stanova \u2014 oko 5 %.<\/p>\n<table>\n<tr>\n<th>Vrsta nekretnine<\/th>\n<th>Najam,<br \/>eura\/m2<br \/>u mjesec<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>najam, %<\/th>\n<th>Cijene<br \/>eura\/m2<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>cijena, %<\/th>\n<th>Prinos,<br \/>%<\/th>\n<th>Prognoza<br \/>na 2016-2017<\/th>\n<\/tr>\n<tbody>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>Madrid<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>16,7<\/td>\n<td>3,2<\/td>\n<td>4 705,9<\/td>\n<td>19,0<\/td>\n<td>4,3<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>204,0<\/td>\n<td>4,1<\/td>\n<td>65 280,0<\/td>\n<td>18,0<\/td>\n<td>3,8<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>35,3<\/td>\n<td>0,4<\/td>\n<td>8 479,2<\/td>\n<td>0,4<\/td>\n<td>5,0<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>4,9<\/td>\n<td>3,5<\/td>\n<td> 861,3<\/td>\n<td>5,8<\/td>\n<td>6,9<\/td>\n<td style=\"color:red;\">\u2193<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>11,8<\/td>\n<td>9,6<\/td>\n<td>2 751,0<\/td>\n<td>1,7<\/td>\n<td>5,1<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>Barcelona<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>13,3<\/td>\n<td>13,9<\/td>\n<td>3 555,6<\/td>\n<td>31,6<\/td>\n<td>4,5<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>220,0<\/td>\n<td>1,9<\/td>\n<td>70 400,0<\/td>\n<td>15,5<\/td>\n<td>3,8<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>36,8<\/td>\n<td>0,0<\/td>\n<td>8 832,0<\/td>\n<td>0,0<\/td>\n<td>5,0<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>4,9<\/td>\n<td>3,5<\/td>\n<td> 861,3<\/td>\n<td>9,5<\/td>\n<td>6,9<\/td>\n<td style=\"color:red;\">\u2193<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>13,9<\/td>\n<td>17,6<\/td>\n<td>3 518,0<\/td>\n<td>5,4<\/td>\n<td>4,7<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"5\">SAD<\/h2>\n<p><strong>Investicije<\/strong>. Prema JLL, 2009-2015 ulaganja u ameri\u010dku komercijalnu nekretnina porasle za oko 20-25% godi\u0161nje. U prvoj polovici 2016-og u ovaj segment je ulo\u017eeno 108 milijardi eura, \u0161to je 16 % manje u odnosu na 2015. Tr\u017ei\u0161te komercijalnih nekretnina u SAD-u ostaje najve\u0107i u svijetu.<\/p>\n<p><strong>Urede<\/strong>. Postotak slobodnih prostora se smanjuje, iznajmljivanje skuplje, prinos spustio na ve\u0107ini (72 %) tr\u017ei\u0161ta. Prostorije donose u prosjeku 4,4 % godi\u0161nje.<\/p>\n<p><strong>Trgovanje nekretninama<\/strong>. U Miamiju, New Yorku i San Franciscu prazna 2-3 % prostora, kvalitetne ponude ne nedostaje. Udio praznog prostora u prvoj polovici 2016 godine imao tendenciju pove\u0107anja. Prosje\u010dni prinos \u2014 4,6 %.<\/p>\n<p><strong>Skladi\u0161ta<\/strong>. Prema istra\u017eivanju tvrtke PwC, skladi\u0161ta \u2014 najvi\u0161e obe\u0107avaju\u0107i segment na tr\u017ei\u0161tu komercijalnih nekretnina u SAD-u 2016. Jedan od glavnih rizika ovdje \u2014 tro\u0161enje prostora, kao i polovica takvih objekata u Sad-u je izgra\u0111ena 1980-ih godina. ili ranije. Udio praznog prostora u ovom sektoru se smanjuju, iznajmljivanje skuplje, prinos se smanjuje. Skladi\u0161ta u SAD-u donose u prosjeku za 5 % godi\u0161nje.<\/p>\n<p><strong>Smje\u0161taj<\/strong>. Stambene zgrade \u2014 najja\u010di i stalni sektor komercijalnih nekretnina u SAD-u. U 2015 objekte ovog tipa privukla 30 % ulaganja. Od 2016 godine, cijene u SAD-u jo\u0161 5 % ispod vrhunca 2007. godine u Miami \u2014 u 22 %. Osim je u New York, gdje je smje\u0161taj ko\u0161ta 13 % skuplji u odnosu na 2007. Prosje\u010dni prinos stambenih nekretnina u SAD \u2014 4,4 %.<\/p>\n<table>\n<tr>\n<th>Vrsta nekretnine<\/th>\n<th>Najam,<br \/>eura\/m2<br \/>u mjesec<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>najam, %<\/th>\n<th>Cijene<br \/>eura\/m2<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>cijena, %<\/th>\n<th>Prinos,<br \/>%<\/th>\n<th>Prognoza<br \/>na 2016-2017<\/th>\n<\/tr>\n<tbody>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>New York<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>50,2<\/td>\n<td>5,6<\/td>\n<td>14 178,8<\/td>\n<td>11,8<\/td>\n<td>4,3<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>450,0<\/td>\n<td>4,7<\/td>\n<td>154 285,7<\/td>\n<td>12,2<\/td>\n<td>3,5<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>51,0<\/td>\n<td>5,4<\/td>\n<td>10 633,0<\/td>\n<td>10,0<\/td>\n<td>5,8<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>4,8<\/td>\n<td>6,4<\/td>\n<td>1 049,8<\/td>\n<td>13,6<\/td>\n<td>5,5<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>40,9<\/td>\n<td>3,9<\/td>\n<td>14 009,2<\/td>\n<td>7,0<\/td>\n<td>3,5<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>Miami<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>13,0<\/td>\n<td>7,0<\/td>\n<td>3 473,3<\/td>\n<td>18,9<\/td>\n<td>4,5<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>200,0<\/td>\n<td>1,8<\/td>\n<td>61 935,5<\/td>\n<td>18,2<\/td>\n<td>3,9<\/td>\n<td>&#x2194;<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>68,2<\/td>\n<td>4,4<\/td>\n<td>14 237,2<\/td>\n<td>8,9<\/td>\n<td>5,8<\/td>\n<td>&#x2194;<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>6,2<\/td>\n<td>0,4<\/td>\n<td>1 273,9<\/td>\n<td>4,7<\/td>\n<td>5,9<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>16,1<\/td>\n<td>7,2<\/td>\n<td>2 907,0<\/td>\n<td>5,7<\/td>\n<td>4,0<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"6\">Francuska<\/h2>\n<p><strong>Investicije<\/strong>. Ulaganje u komercijalne nekretnine u Francuskoj u 2015 godine dosegla maksimum osam godina \u2014 od 26 milijardi eura. U prvoj polovici 2016-og u objekte ovdje ulo\u017eeno je 9,1 milijardu eura, \u0161to je 16% vi\u0161e nego u istom razdoblju 2015. Rast ulaganja zbog \u010dinjenice da su bili zatvoreni tri ponude u vrijednosti od vi\u0161e od 500 milijuna eura. Oko tre\u0107ine investitora na francuskom tr\u017ei\u0161tu \u2014 stranci.<\/p>\n<p><strong>Urede<\/strong>. Kvalitetne ponude ne nedostaje, potra\u017enja prema\u0161uje ponudu, kamatne stope imaju tendenciju da padne. Urede u premium segmentu donose u prosjeku 3,25 % godi\u0161nje.<\/p>\n<p><strong>Trgovanje nekretninama<\/strong>. U Francuskoj se gradi malo prodajnih objekata i novu ponudu stvara uglavnom zbog \u0440\u0435\u0434\u0435\u0432\u0435\u043b\u043e\u043f\u043c\u0435\u043d\u0442\u0430. Kamatne stope se nalaze na povijesno nisku razinu (oko 3 % za objekte street-\u0440\u0435\u0442\u0435\u0439\u043b\u0430 u Parizu).<\/p>\n<p><strong>Skladi\u0161ta<\/strong>. Ulaganja u ovaj sektor je manji i \u010dine samo 3% od ukupnog broja priloga. Potra\u017enja prema\u0161uje ponudu, kamatne stope imaju tendenciju da padne. Skladi\u0161ta donose u prosjeku oko 6 % godi\u0161nje.<\/p>\n<p><strong>Smje\u0161taj<\/strong>. Francuski stambeno tr\u017ei\u0161te je relativno mirno prelazite u vremenima krize. Godi\u0161nja dinamika cijena je u rasponu od -2 do +2 %. U I kvartalu 2016 cijene su za 8% ni\u017ea u odnosu na pik III kvartal 2011. Prinos smje\u0161taja \u2014 oko 3-4 %.<\/p>\n<table>\n<tr>\n<th>Vrsta nekretnine<\/th>\n<th>Najam,<br \/>eura\/m2<br \/>u mjesec<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>najam, %<\/th>\n<th>Cijene<br \/>eura\/m2<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>cijena, %<\/th>\n<th>Prinos,<br \/>%<\/th>\n<th>Prognoza<br \/>na 2016-2017<\/th>\n<\/tr>\n<tbody>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>Pariz<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>52,7<\/td>\n<td>0,4<\/td>\n<td>16 853,3<\/td>\n<td>10,4<\/td>\n<td>3,8<\/td>\n<td style=\"color:red;\">\u2193<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>885,0<\/td>\n<td>0,0<\/td>\n<td>354 000,0<\/td>\n<td>16,7<\/td>\n<td>3,0<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>166,7<\/td>\n<td>0,0<\/td>\n<td>50 001,0<\/td>\n<td>12,5<\/td>\n<td>4,0<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>4,6<\/td>\n<td>1,9<\/td>\n<td> 947,6<\/td>\n<td>18,6<\/td>\n<td>5,8<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>26,2<\/td>\n<td>-0,8<\/td>\n<td>8 543,5<\/td>\n<td>0,9<\/td>\n<td>3,7<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>Lyon<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>18,0<\/td>\n<td>0,0<\/td>\n<td>4 500,0<\/td>\n<td>14,6<\/td>\n<td>4,8<\/td>\n<td style=\"color:red;\">\u2193<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>175,0<\/td>\n<td>4,3<\/td>\n<td>52 500,0<\/td>\n<td>17,3<\/td>\n<td>4,0<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>126,0<\/td>\n<td>15,4<\/td>\n<td>43 200,0<\/td>\n<td>23,6<\/td>\n<td>3,5<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>3,9<\/td>\n<td>0,0<\/td>\n<td> 784,0<\/td>\n<td>12,5<\/td>\n<td>6,0<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>11,7<\/td>\n<td>-2,3<\/td>\n<td>3 052,2<\/td>\n<td>0,4<\/td>\n<td>4,6<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"7\">\u010ce\u0161ka<\/h2>\n<p><strong>Investicije<\/strong>. U prvoj polovici 2016 ulaganje u komercijalne nekretnine u \u010ce\u0161koj pala je na 29 % do 956 milijuna eura. Me\u0111utim, iznos ulo\u017een u segmentu sredstava za 39 % iznad prosjeka u posljednjih 10 godina.<\/p>\n<p><strong>Urede<\/strong>. Potra\u017enja prema\u0161uje ponudu, kamatne stope imaju tendenciju da padne. U Pragu najvi\u0161e tra\u017ei uredi klase &#8220;A&#8221;. Prazna 14,6 % prostora. Prosje\u010dna stopa prinosa u premium-segmentu \u2014 5,5 %.<\/p>\n<p><strong>Trgovanje nekretninama<\/strong>. Kao i u uredu tr\u017ei\u0161tu, u sektoru trgova\u010dkih objekata potra\u017enja je ve\u0107a od ponude i kamatne stope imaju tendenciju da padne. Prosje\u010dni prinos objekata street-\u0440\u0435\u0442\u0435\u0439\u043b\u0430 u premium-segmentu \u2014 5,25 %.<\/p>\n<p><strong>Skladi\u0161ta<\/strong>. Prazan trg smanjio na pet godina najmanje (5 %) i visoka potra\u017enja budi spekulativno izgradnja. Prosje\u010dni prinos kvalitetnih skladi\u0161ta \u2014 6,5 %.<\/p>\n<p><strong>Smje\u0161taj<\/strong>. Cijene stanova u \u010ce\u0161koj dosegli dno 2013 godine i od tada raste. U 2015 godini su porasle za 4,5 %. Oko 40 % prodaje u 2015 godine u Pragu stambenih objekata \u2014 to je stan sa jednom spava\u0107om sobom. Smje\u0161taj u glavnom gradu \u010de\u0161ke donosi u prosjeku 3,7 % godi\u0161nje.<\/p>\n<table>\n<tr>\n<th>Vrsta nekretnine<\/th>\n<th>Najam,<br \/>eura\/m2<br \/>u mjesec<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>najam, %<\/th>\n<th>Cijene<br \/>eura\/m2<\/th>\n<th>Godi\u0161nja<br \/>dinamika<br \/>cijena, %<\/th>\n<th>Prinos,<br \/>%<\/th>\n<th>Prognoza<br \/>na 2016-2017<\/th>\n<\/tr>\n<tbody>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>Prag<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>15,2<\/td>\n<td>2,6<\/td>\n<td>3 172,2<\/td>\n<td>11,5<\/td>\n<td>5,8<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>160,0<\/td>\n<td>8,1<\/td>\n<td>45 176,5<\/td>\n<td>20,8<\/td>\n<td>4,3<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>56,0<\/td>\n<td>0,0<\/td>\n<td>12 800,0<\/td>\n<td>9,5<\/td>\n<td>5,3<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>4,0<\/td>\n<td>4,3<\/td>\n<td> 711,1<\/td>\n<td>8,2<\/td>\n<td>6,8<\/td>\n<td>&#x2194;<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>9,2<\/td>\n<td>17,1<\/td>\n<td>3 027,0<\/td>\n<td>4,5<\/td>\n<td>3,7<\/td>\n<td style=\"color:red;\">\u2193<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\" style=\"text-align: center; background: #eee;\"><strong>U brnu<\/strong><\/td>\n<\/tr>\n<tr>\n<th>Urede<\/th>\n<td>10,7<\/td>\n<td>8,3<\/td>\n<td>1 551,5<\/td>\n<td>14,9<\/td>\n<td>8,3<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Street-trgovina na malo<\/th>\n<td>70,0<\/td>\n<td>0,0<\/td>\n<td>10 838,7<\/td>\n<td>3,2<\/td>\n<td>7,8<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Trgova\u010dki kompleksi<\/th>\n<td>45,0<\/td>\n<td>2,6<\/td>\n<td>6 967,7<\/td>\n<td>9,2<\/td>\n<td>7,8<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<tr>\n<th>Skladi\u0161ta<\/th>\n<td>4,1<\/td>\n<td>0,0<\/td>\n<td> 607,5<\/td>\n<td>3,1<\/td>\n<td>8,0<\/td>\n<td>&#x2194;<\/td>\n<\/tr>\n<tr>\n<th>Apartmani (dugoro\u010dni zakup)<\/th>\n<td>6,7<\/td>\n<td>10,8<\/td>\n<td>1 807,0<\/td>\n<td>4,5<\/td>\n<td>4,4<\/td>\n<td style=\"color:red;\">\u2193<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u2022<\/p>\n<p>Prema predvi\u0111anjima Cushman &amp; Wakefield, u 2016 godini ukupna ulaganja u komercijalne nekretnine EU (ne ra\u010dunaju\u0107i na tr\u017ei\u0161tu Uk) \u0107e biti za 10% ve\u0107i nego u 2015-m, a u velikoj Britaniji \u2014 25 % ni\u017ea. Pad aktivnosti investitora u Velikoj Britaniji mo\u017ee biti povezan sa &#8220;\u0411\u0440\u0435\u043a\u0437\u0438\u0442\u043e\u043c&#8221;. Prema prognozi JLL, iznos ulaganja na tr\u017ei\u0161tu SAD u 2016 godini smanjiti za 10-15 % na godi\u0161njoj razini. Glavni razlog \u2014 nedostatak zanimljivih ponuda i makroekonomska neizvjesnost.<\/p>\n<p>Stope prinosa na razvijenim tr\u017ei\u0161tima u posljednjih nekoliko godina imali tendenciju da padne zbog velike potra\u017enje za nekretninama premium segment, a raste cijena. Stru\u010dnjaci o\u010dekuju da se taj trend \u0107e se nastaviti i u 2016-2017 godina. Najam stope i cijene na objekte tako\u0111er \u0107e se pove\u0107ati. Predvi\u0111a Standard &amp; poor &#8216; s, nekretnine \u0107e i\u0107i gore, \u010dak i u velikoj Britaniji, unato\u010d &#8220;\u0411\u0440\u0435\u043a\u0437\u0438\u0442&#8221;: u 2016 godini rast iznosi 5 %, a u 2017 m-cijene padaju na oko 2 %.<\/p>\n<table class=\"left\" style=\"max-width: 90%;\">\n<tr>\n<th>\u00a0<\/th>\n<th style=\"width: 27%;\">SAD<\/th>\n<th style=\"width: 27%;\">Velika britanija<\/th>\n<th style=\"width: 27%;\">EU<\/th>\n<\/tr>\n<tbody>\n<tr>\n<th><strong>Godi\u0161nja dinamika ulaganja, %<\/strong><\/th>\n<td>\u221210\u201315<\/td>\n<td>-25<\/td>\n<td>+10<\/td>\n<\/tr>\n<tr>\n<th><strong>Prinos<\/strong><\/th>\n<td>Pasti ili ostati na istoj razini<\/td>\n<td>Pasti u premium segmentu, \u0107e porasti u srednjem cjenovnom segmentu<\/td>\n<td>Pasti u premium segmentu, pove\u0107ati ili ostati na istoj razini u srednjem cjenovnom segmentu<\/td>\n<\/tr>\n<tr>\n<th><strong>Najam stope<\/strong><\/th>\n<td>Kamatne<\/td>\n<td>Ostaju na istoj razini u premium-segmentu<\/td>\n<td>\u0106e ostati na istoj razini ili \u0107e rasti<\/td>\n<\/tr>\n<tr>\n<th><strong>Potra\u017enja od strane stanara<\/strong><\/th>\n<td>Ostati na istoj razini ili \u0107e se pove\u0107ati<\/td>\n<td>Ostati na istoj razini ili pasti<\/td>\n<td>Ostati na istoj razini ili \u0107e se pove\u0107ati<\/td>\n<\/tr>\n<tr>\n<th><strong>Cijene nekretnina<\/strong><\/th>\n<td style=\"color:green;\">\u2191<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<td style=\"color:green;\">\u2191<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Julija \u041a\u043e\u0436\u0435\u0432\u043d\u0438\u043a\u043e\u0432\u0430, Tranio<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prema JLL, u prvoj polovici 2016 godine u globalnu komercijalne nekretnine je ulo\u017eeno oko 260 milijardi eura, \u0161to je za<\/p>\n","protected":false},"author":1,"featured_media":468,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[132],"tags":[],"class_list":["post-892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-porezne-informacije-u-francuskoj"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"hr","enabled_languages":["ru","uk","en","de","fr","it","es","pl","pt","bg","cs","da","et","fi","hr","hu","lt","lv","mk","no","ro","sk","sl","sq","sr","tr","nl","am","ca","sv"],"languages":{"ru":{"title":false,"content":false,"excerpt":false},"uk":{"title":false,"content":false,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"fr":{"title":false,"content":false,"excerpt":false},"it":{"title":false,"content":false,"excerpt":false},"es":{"title":false,"content":false,"excerpt":false},"pl":{"title":false,"content":false,"excerpt":false},"pt":{"title":false,"content":false,"excerpt":false},"bg":{"title":false,"content":false,"excerpt":false},"cs":{"title":false,"content":false,"excerpt":false},"da":{"title":false,"content":false,"excerpt":false},"et":{"title":false,"content":false,"excerpt":false},"fi":{"title":false,"content":false,"excerpt":false},"hr":{"title":true,"content":true,"excerpt":false},"hu":{"title":false,"content":false,"excerpt":false},"lt":{"title":false,"content":false,"excerpt":false},"lv":{"title":false,"content":false,"excerpt":false},"mk":{"title":false,"content":false,"excerpt":false},"no":{"title":false,"content":false,"excerpt":false},"ro":{"title":false,"content":false,"excerpt":false},"sk":{"title":false,"content":false,"excerpt":false},"sl":{"title":false,"content":false,"excerpt":false},"sq":{"title":false,"content":false,"excerpt":false},"sr":{"title":false,"content":false,"excerpt":false},"tr":{"title":false,"content":false,"excerpt":false},"nl":{"title":false,"content":false,"excerpt":false},"am":{"title":false,"content":false,"excerpt":false},"ca":{"title":false,"content":false,"excerpt":false},"sv":{"title":false,"content":false,"excerpt":false}}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/nalog.fr\/hr\/wp-json\/wp\/v2\/posts\/892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nalog.fr\/hr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nalog.fr\/hr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nalog.fr\/hr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nalog.fr\/hr\/wp-json\/wp\/v2\/comments?post=892"}],"version-history":[{"count":0,"href":"https:\/\/nalog.fr\/hr\/wp-json\/wp\/v2\/posts\/892\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nalog.fr\/hr\/wp-json\/wp\/v2\/media\/468"}],"wp:attachment":[{"href":"https:\/\/nalog.fr\/hr\/wp-json\/wp\/v2\/media?parent=892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nalog.fr\/hr\/wp-json\/wp\/v2\/categories?post=892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nalog.fr\/hr\/wp-json\/wp\/v2\/tags?post=892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}