Investors' sentiment in Poland so far unaffected by Brexit - C&W
11:51
European investment activity in commercial real estate totalled €56.8 billion in the second quarter of this year, a 9 percent increase on the first quarter, according to new research from Cushman & Wakefield.
"The Polish market mirrors the general situation across the European Continent with investment volumes and investor sentiment so far unaffected by Brexit. During Q2 Poland saw EUR 1.5 billion investment transactions, representing 59% of the entire CEE region. Poland continues to attract inflows from European investment funds as well as from overseas capital sources, and we expect 2016 to be another strong performing year," Soren Rodian Olsen, Partner at Cushman & Wakefield in Poland, commented.
Despite the increase the level of trading in the first half of the year totalled €109 billion, 12 percent down on the same period in 2015, with the UK – Europe’s largest market – acting as a drag on overall European performance.