When the magic fades
A green island in a sea of recession - this how the Polish economy was perceived until recently. But now the excitement has died down somewhat. Is there anything to be worried about?
Radek Górecki
The investment market is finally shaking off its lethargy. According to Jones Lang LaSalle, the volume of investment transactions in Poland in 2010 reached nearly EUR 2 bln. Eighteen of these transactions were for properties on the retail market, fifteen were on the office market and a few significant transactions were registered on the warehouse market. Cushman & Wakefield provides similar data: the office market, which registered a 75 pct growth in transactions compared to 2009 - a total of EUR 617 mln - is in a healthy condition. Excellent results were also registered on the retail market, where the transaction volume reached EUR 1 bln. The biggest deal in the sector in 2010 was the purchase of the European portfolio of Simon Ivanhoe by Unibail-Rodamco. Meanwhile, according to Cushm
Already have an account? Log in
90% of content remaining
Unlock full access to the edition
PLN
EUR
EurobuildCEE magazine
Access to EurobuildCEE edition online & flipbook
Current edition
Annual subscription
You save 23% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
