14:45 14 May 2019
Over €730 million transacted in Q1 – Knight Frank
The total value of investment transactions closed in Poland’s commercial property market in Q1 2019 amounts to €732 million, according to Knight Frank data. The office sector saw the most investment activity in the period, accounting for deals worth a combined €526 million (over 70 percent of the aggregate investment volume). Some 40 percent of that sum was transacted in regional cities. “After an intense year-end and a large number of investment transactions closed in the last months of 2018, the first quarter of 2019 witnessed a relatively lower number of closings. However, given the number of ongoing transactions, we can expect an exceptionally intense year,” said Krzysztof Cipiur, associate director, capital markets, at Knight Frank. Last year, the total commercial property investment volume in Poland reached more than €7.2 billion.
(Warsaw Business Journal)
