€234 million spent on office buildings outside Warsaw in H1

The volume of investment transactions concluded on Poland’s major office markets outside Warsaw reached €234 million in H1 2015. In the corresponding period of 2014, volume hit the €220 million mark. Investor appetite remains high and the upcoming months for regional office markets look even more promising. "Transactions worth a total of €385 million were concluded on the Polish office market in H1 2015. €234 million of this sum consisted of deals outside the capital city, meaning the regional markets' volume exceeded that of Warsaw and reached 59 percent share in Poland's office investment transactions. Kraków proved to be the regional star with the highest H1 office investment volume outside Warsaw”, said Sławomir Jędrzejewski, National Director, Office and Industrial Investment at JLL. "Taking into consideration transactions awaiting finalization, and assuming that the ongoing negotiations will be concluded by year end, the overall volume of office investment transactions outside Warsaw can potentially reach even €750 million in 2015, up 70 percent on last year," said Tomasz Puch, Regional Director, Head of Office and Industrial Investment at JLL.