Poland Better second half

The main reasons were high inflation, which affected the purchasing power of consumers, persistently high-interest rates, and uncertainty over the eastern border. The market grew, but at a slower pace, especially in the first half of the year, to accelerate at the end of 2023. Development activity in January-December 2023 amounted to 3.7 mln sqm (-16 pct y/y), and as a result, the sector's total stock rose to 31.7 mln sqm (+13 pct y/y). Another 2.8 mln sqm (-16 pct y/y) remains under constructio