While the rest of the world watches Ukraine deal with the ongoing effects of its invasion by Russia in February 2022, the real estate industry should be paying particular attention to its neighbour. As a result of the war, Poland has been unfairly discounted by real estate investors due to its geographical positioning – investors view the country with hesitation and unease given misplaced speculation that the war spill over. Consequently Polish real estate investment in the second half of 2022 was down 35% on the five-year average. However, Cromwell’s recent research points to Poland as an underrated investment opportunity which will actually benefit from its proximity to Ukraine in future years.
As Ukraine’s neighbour, Poland has experienced significant demographic changes since the outbreak of the war. The European Investment Bank estimates that 7.5 million people have fled to Poland so far, with at least 1.5 million of those set to remain in the country permanentl
A good foundation from which to grow
A good foundation from which to grow
Poland's role and the strength of its economy are increasingly visible in the European commercial real estate market. We have strengthened our leading position in Central and Easte ...
CBRE
Zero-emission, zero-backup? The resilience gap in modern building standards
Zero-emission, zero-backup? The resilience gap in modern building standards
As commercial buildings move rapidly toward full electrification, modern standards optimise for efficiency and emissions – but largely assume uninterrupted power supply. In C ...
Independent Expert
Strong warehouse sector whilst capital cautious and offices yet to rebound
Strong warehouse sector whilst capital cautious and offices yet to rebound
Poland’s commercial real estate market enters 2026 in good health and with solid growth potential. Warehouses remain one of the strongest sectors in Europe, while constrained ...
Newmark Polska