Poland’s real estate investment market showed signs of revival in the second quarter of 2025, with transaction volumes rising 45 percent q/q to €911 million. Despite being 33 percent lower y/y, the uptick signals cautious investor return, led by the warehouse sector, which accounted for 45 percent of H1 volume, driven by the €253 million sale of Eko-Okna production facilities.

The Savills report highlights increasing interest in value-add strategies – redevelopment, repositioning, or repurposing assets – reflecting a shift from purely core investments. 

“We’re seeing more investors willing to engage with complex, but promising projects. Living sector activity is still niche, but the growing involvement of international players in regional cities shows its future potential,” Jacek Kałużny, Director, Head of Operational Capital Markets at Savills, said.

In H1, total investment volume reached €1.53 billion, with 59 deals signed – already 48 percent of all transactions in 2024. The industrial and logistics segment attracted the most capital, while retail and office sectors saw smaller, targeted deals. The residential-for-rent (PRS) and student housing (PBSA) markets remain emerging, yet promising, with three living-sector deals totalling €86.5 million.

Falling interest rates and stable macroeconomic indicators may continue to boost liquidity and investor confidence in the coming months, especially in resilient and adaptive asset classes.

(WBJ)