Investement on commercial real assets turns away from Warsaw

For the first time investors allocated more money in regions than in Warsaw. Mainly investment on office immobilities has shifted from the capital to the rural cities, especially Kraków. Approximately 145,000 sqm of office area was build in the first half of 2015 in Warsaw, whereas in the biggest rural cities this amount equalled 155,000 sqm. Moreover number of office area rental agreements was higher on rural markets. Due to high demands it is estimated that another 400,000 sqm will be rented until the end of the year in regions. Although Kraków is the leading city in this matter, Lublin and Szczecin are growing and developing very fast. According to Cushman & Wakefield in the first half of 2015  21 sales transactions were realized at a total value of EUR 794 million. As much as 47 percent of investments regarded the office sector, 34 percent the business sector and 19 percent the storing sector.