JLL: investment market in 2015 was worth €4 bln

The investment market in 2015  closed with a record-breaking turnover of €4 billion, according to real estate services firm JLL. "It has been the best result since 2006, driven largely by the retail market, where transactions amounted to €1.8 billion," said Tomasz Puch, Director of the Capital Markets Department  at JLL. The office market in 2015 recorded more transactions in regional markets than in Warsaw, JLL also reported. "We expect that the year 2016 in terms of turnover will be similar to 2015. Slightly lower scores may be the result of commercial buildings which were sold in 2015. We still expect there to be rather high activity of investors," Puch pointed out. Warehouse space market was less fruitful than a year before. "However, one should take into account the fact that 2014 has, so far, been a record year of all time. We expect that there will be still very large investors' interest in the warehouse market and the turnover is likely to exceed that achieved in 2015," Puch also said.