Investors buy more development area - JLL

The value of development area sold in 2015 grew by PLN 1 billion on a yearly basis, according to estimates by JLL. In 2015, the value of transactions carried out in the market of commercial development area totaled some PLN 2.5 billion, whereas it amounted to PLN 1.5 billion in the previous year. As much as 65 percent of the total value accounted for residential areas. JLL predicts that this year will be quite stable in the markets of retail, hotel and office development, however, due to the growing demand, prices in the residential market will also increase.