Poland continues to attract investors - RICS Poland

Investor demand rose strongly across all sectors with demand from foreign buyers also rising firmly, according to the latest RICS Poland Commercial Property Monitor Q1 2016. However, expectations for capital growth turn negative for the year ahead following the softer trend in the occupier market.

The supply of properties for sale increased in the office and industrial components while in the retail sector no change was reported. A net balance of 22 percent of contributors reported credit conditions to have deteriorated over the quarter and expectations for near term capital growth have moderated substantially; 8 percent more surveyors now expect to see a raise rather than a fall over the coming three months. This compares to 41 percent in Q4 last year. Expectations for capital growth over the coming twelve months have now turned negative with respondents, on average, forecasting prices to fall by 1 percent over the year to come.The less optimistic near term outlook led to moderation in the RICS Investment Sentiment Index, which fell to 15 percent in Q1 from 37 percent previously.