How has the real estate investment market been performing in Poland after the quiet start to the year?
Mateusz Skubiszewski, BNP Paribas RE: The real estate investment market did improve in Q2 2024. The Q2 volume significantly exceeded that of Q1. However, the base was relatively low, therefore after the first half of the year, the total market has easily exceeded EUR 1.5 bln.
And has this been an active time for BNP Paribas Real Estate? Which major deals have you advised on or have in the pipeline?
It was quite a busy time for BNP Paribas Real Estate Poland. Cromwell Property Group completed the sale of its six shopping centres, including CH Janki, to Czech-based investment vehicle Star Capital Finance. The value of the transaction came to EUR 285 mln and BNP ParibasReal Estate Poland advised Cromwell on this sale. The trans-action comprised a portfolio of six large-scale shopping centres, including CH Janki near Warsawas well as assets in other cities: CH Korona in Wrocław, CH K