‘2019 record-breaking year for Polish investment market’
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With €7.8 billion of total transacted volumes, 2019 was a record-breaking year for the Polish investment market, outpacing the previous best-ever market result of 2018 by over €600 million, states a report published by Jones Lang LaSalle, an American commercial real estate services company.
With this exceptional score, the Polish investment market grew in 2019 for the 5th consecutive year. Investor activity in the first half of 2020 was maintained at an extremely high level as a continuation of the record-breaking last year. According to the preliminary estimates, the value of investment transactions in the first half of 2020 totaled nearly €2.9 billion – the second-best result in the history of Poland’s real estate sector. Despite the global pandemic, the first six months of the year saw a continuation of trends that have been observed on the market for some time now. Industrial and office investors are very much at the fore. Overall, there were almost 60 deals closed throughout the first half of 2020, with office and industrial sectors clearly dominating the investment landscape both in terms of volume and number of transactions.
(WBJ)