Polish real estate market is witnessing the first major investment transactions. The second half of the year will show whether a potential further interest rate cut in the eurozone and a return to cheaper financing bring the long-awaited recovery.
Investment decisions have so far been primarily held back by high inflation and interest rates, resulting in a high cost of capital. The mere announcement of interest rate cuts by the ECB has already heralded an increase in transactional activity in Poland. In Q2, the value of real estate investments is higher than in the first three months of this year, and new players are entering the Polish market.
After a slow start to the year, the Polish market is recording its first significant transactions, including portfolio acquisitions in the retail sector and several transactions involving the purchase of office buildings. Office buildings are changing hands not only in Warsaw, but also in major regional cities. The acquired assets include both
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