15 and still growing

Is the Polish real estate investment market finally picking up again after being sluggish for a year or so? What caused the slump in volumes and why might they be recovering now? High interest rates and the macroeconomic uncertainty caused a year-long stall on the Polish real estate market, which is now beginning to pick up steam again. Due to the predominance of opportunistic deals and the cautious attitude of major participants, investment volumes have declined. Nonetheless, institutional investors are beginning to re-enter the market due to the European Central Bank’s and the Fed’s interest rate reductions and the stability of market indicators. What kind of volumes are you expecting to be transacted this year? Have they recently been revised upwards? We ended the first half of the year with a result of more than EUR 1.7 bln. We anticipate that the Q2 2024 recovery will last for a more extended period. The ECB’s June and September interest rate reduction announc