Commercial real estate market value at €4 bln

The value of transactions on the Polish commercial real estate market is expected to reach some €4 bln, similarly to 2015, real estate consultancy CBRE said in a press statement. "The expected stream of transactions [in 2016] indicates a similar value of transactions to the level reached in 2015," CBRE said. "What is more, we can expect further activity of investors in the field of acquisitions in the real estate sector." The banking tax and the retail tax will have no effect on the market, the statement also said. In 2015, the value of transactions reached €4 bln, including  €2.4 bln in Q4.