Tomasz Puch, JLL: 2017 can be better that 2016 on investment market

"It was the second best year in the history of the investment market in Poland. We assume that the level in 2017 will at least be the same, when taking into account the transactions our team is working on and looking at the three sectors we most focus on: offices, retail and industrial," Tomasz {uch told us.

" We think that all three sectors in 2017 will see high transaction volumes, taking into account deals that are at an advanced stage, under consideration by investors and those that are being actively marketed. There will be several very big one-off deals that will contribute to the results in 2017," he added.

"It is hard to say what the investor base will be like in 2017. Interestingly, in 2016 it was shown that there was no need for German capital to actively contribute to very a high volume. We saw Middle Eastern and South African capital on the market. I think in 2017 this trend will continue," said the director at JLL.

"The threats that might materialise could result from the condition not only of Poland’s economy, but also of the macro economic situation on global markets. We hope the legal system will stabilise in Poland in regard to deal structuring. This could calm the market," told us Tomasz Puch.

"Yields will remain stable at the same level as in 2016. We don’t expect significant yield compression, if any at all," he added.