The whole world on the Vistula

Investment & finance
The investment market has been having another very good year, with rising transaction volumes in almost every real estate segement. Well, almost. Because the one exception is the hospitality segment, where the investment turnover has been negligible this year. Piotr Mirowski, a senior partner at Colliers International and the head of the investment advisory department, along with Rafał Rosiejak, the director of the consultancy’s hotel advisory department, tell us what all this means and what lies ahead
Tomasz Szpyt-Grzegórski, ‘Eurobuild CEE’: How would you sum up the situation on the Polish investment market in H1 2018? Piotr Mirowski, senior partner, head of the investment advisory department, Colliers International: It was good – very good in fact. In the first two quarters there was more than EUR 3.2 bln in investment turnover. This is the best figure in the whole of the CEE region and much better than in the same period of the previous year, which was much calmer. I think that we could significantly exceed last year’s figure. A few major transactions are underway and a lot depends on how they pan out, but it is still within the realms of possibility that a volume of EUR 5 bln will be achieved. It is also worth noting that the pool of investors has been expanding. American, South African and European capital is active in the country. We are in regular contact with investors from outside Europe who are interested in purchases in Poland. These are mainl
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