Commercial real estate market increased by 136% y/y to €4.8 bln in ‘24
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In 2024, Poland's commercial real estate investment market saw over 120 transactions totaling €4.8 billion, a 136% increase in value compared to 2023, according to Savills. The office and retail sectors each accounted for approximately 34% of the total volume, driven by major retail deals worth €1.063 billion. The industrial and logistics sector contributed over 26%, with additional investments in hotels, student housing (PBSA), and institutional rental housing (BtR/PRS).
Nearly half the year's transactions occurred in Q4, with highlights including Nepi Rockcastle’s purchases of Silesia Shopping Centre and Magnolia Park. Domestic investors accounted for 10% of transactions, while South African and other CEE investors contributed significantly. New entrants like Emira Property Fund and Summus Capital underscored Poland’s growing market appeal.
