The total value of investment transactions signed in the commercial property market in Poland this year will likely exceed the record volume of €4.6 billion that was seen in the country in 2016, according to the latest report by Colliers International. The transaction volume recorded in Poland in the first half of 2017 stood at €1.5 billion.
“Poland generates interest from large global funds. The economic potential, legal system stability and size of the urban areas, in which investors are looking to invest their capital, speak in favour of the Polish market. Some international players begin to classify Poland as a ‘core’ market, which is characterized by stability and a low risk level. Poland’s share in the European commercial real estate market should continually increase in the years ahead,” said Piotr Mirowski, partner and head of investment services at Colliers International.
“The commercial real estate transaction volume for the whole 2017 may climb to a new record high. In my view, 2018 will be another year of growth; however, a lot will depend on the availability of properties for sale,” Mirowski added.