According to Przemysław Łachmaniuk, Co-Head of Living, Director - Investment Properties – Capital Markets Poland in CBRE, the year 2024 marked a significant rebound in commercial real estate investment, with total transactions exceeding €4.5 billion, compared to just over €2 billion in 2023. Market corrections allowed modern properties to be acquired at more attractive prices, while interest rate cuts in the eurozone further stimulated activity. With additional rate reductions anticipated, investment in this sector will grow even more robust in 2025.

“Nearly every segment of the commercial real estate market witnessed major transactions. The office market saw Europe’s largest deal of the year with the sale of the Warsaw UNIT building to Sweden’s Eastnine AB. Other notable transactions included Skanska’s sale of the P180 project to INVESTIKA Real Estate Fund and its joint-venture partner BUD HOLDINGS, as well as the sale of the Studio B building to Stena Real Estate AB,” Przemysław Łachmaniuk stated.

“Despite these successes, the pool of investors targeting core properties remains relatively narrow, dominated by players from Scandinavia and Central and Eastern Europe (CEE). The number of active investors is still below pre-2023 levels, reflecting the lingering impact of the pandemic on the market. However, the recent upward trend suggests a promising outlook for the years ahead,” he added.

(WBJ)