“The past year can be seen as an exceptionally surprising period in the history of the investment market in Poland. The volume of commercial property acquisitions exceeded EUR 7.2 bln, which means a rise of EUR 2.3 bln (47 pct) compared to 2017. Such a high figure is attributable mainly to the rapid growth of the commercial market, the emergence of new investment vehicles, and the rise of the Polish economy in international rankings. In addition, investment is being spurred by low interest rates, strong consumer sentiment and high demand for commercial space.
The record year of 2018 ended with an investment volume totalling EUR 7.2 bln, the highest in the history of the Polish market (the previous record, reported in 2006, stood at EUR 5.1 bln). As the most attractive market in Central and Eastern Europe, Poland is an excellent alternative to the Western European markets. With an extensive array of assets from each category on offer, the country has attracted the attention ye
Flex market picks up momentum
Flex market picks up momentum
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...
Walter Herz
Optimism returns
Optimism returns
Lower interest rates in the eurozone and the easing of monetary policy in Poland are expected to revive investment in the real estate market. A noticeable increase in the value of ...
Walter Herz
Warehouse developers now more cautious
Warehouse developers now more cautious
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
Avison Young