In 2023, Polish investment market, like foreign markets, saw low investor activity. The value of investment volumes in all real estate sectors was much lower than in previous years. Investors are waiting for an improvement in the macroeconomic situation and a decline in interest rates, they are looking for opportunities. The market is waiting for price stabilization and cheaper money. Until this happens, it is difficult to expect major changes.
Lower financing costs are expected to increase the value of investments and eliminate the differences between the price expectations of buyers and sellers. For now, however, the negotiation space between the parties to the transaction, in many cases, is still significant and encourages a creative approach to reckoning.
We observe that investors are looking for new forms of reckoning and alternatives to bank financing, creating investment alliances. Limited access to loans favors establishing partnerships and creating new areas for cooperation
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