In 2019, the total value of investments in commercial real estate in Poznań exceeded €0.5 billion, which is an increase of up to 55 percent y/y and exceeds the average amount from the last five years by almost half, according to a report by CBRE and the City of Poznań.
The growth was driven mainly by modern office space, whose availability places the city in fifth place in the country. Last year, as many as 85,000 sqm of such a space arrived. CBRE experts point out that the value of investments in the city will grow, among others, thanks to one of the highest rates of return in Poland, higher than e.g. in the Tri-City or Katowice.
“Poznań's strong position in the area of real estate is the result of, among others, long business traditions and almost the lowest unemployment in the country. It is also a large academic, scientific and market center, with a good location between Berlin and Warsaw. For investors, however, not only macroeconomic indicators are important, but also the quality of life in the city, which is why we are developing a cultural offer, public transport, hotel and restaurant facilities, and co-organize sporting events. Every year, thousands of apartments are built, and modern office space has just exceeded 550,000 sqm. We are also observing an increase in interest in alternative real estate, such as student houses, senior homes or apartments for rent,'' Jacek Jaśkowiak, Mayor of the City of Poznań, said.
(WBJ)