Crisis cancelled

This year, when the Expo Real International Trade Fair for Commercial Property and Investment ended on October 10th, there was nothing but optimism, sometimes bordering on euphoria. “The crisis has been cancelled. There is a lot of money on the market and all investors want to buy. Core real estate is seeing the greatest demand, but investors are increasingly looking at good opportunities in regional cities,” is how Daniel Bienias, the managing director of CBRE, described the mood. “We expect 2019 to be a good time for investors, although I would personally recommend caution when it comes to acquisitions, as usual,” he added. Capital from countries that are relative newcomers to our markets has also been evident: South Korea, the Philippines, Israel and even Finland. All these investors are interested in Poland and they could become stiff competition for the German funds that have always been the powerful players in our country. “The hottest real estate s